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.
Foundation for Chiropractic Progress Announces First Group Member
The Michigan Association of Chiropractors has joined the Foundation for Chiropractic Progress as its first group member. Group member status is achieved by committing to an annual contribution of $10 per "qualified stakeholder," consisting of DCs who practice full-time and pay full association dues. (Full-time DCs in their first three years of practice are included at no cost if the association offers a discounted dues rate.)
"Group Membership delivers tremendous value not only to our association as a whole, but also to our individual stakeholders, who now have access to countless benefits at no added cost," said Kristine Dowell, executive director of the MAC.