In a landmark development, Blue Cross Blue Shield (BCBS) has reached a $2.8 billion settlement to resolve antitrust claims brought by health care providers, including chiropractors. The lawsuit accused BCBS of dividing the nation into exclusive regions and limiting competition, which resulted in lower reimbursements for providers. Although BCBS denies any wrongdoing, the company agreed to the settlement to avoid lengthy litigation – and you can get a piece of the pie.
Tim Smith, MSEE, PE
Tim Smith, MSEE, PE, is CEO of Avazzia, the premier microcurrent biofeedback manufacturer. Smith, principal designer of Avazzia technology, had decades of engineering design experience and success at Texas Instruments before starting Avazzia. While at TI, Smith's products included the logic chips used with the Apollo lunar modules; technology used extensively in military jets, including the F-14, F-15, B1 and B2; and micro-technology that transformed the telecom industry.