WASHINGTON–(ENEWSPF)–October 18, 2010. The Department of Justice filed a civil antitrust lawsuit today against Blue Cross Blue Shield of Michigan (BCBSM) alleging that provisions of its agreements with hospitals raise hospital prices, prevent other insurers from entering the marketplace and discourage discounts. The department said that these agreements likely resulted in Michigan consumers paying higher prices for their healthcare services and health insurance.
The state of Michigan joined the department in its lawsuit, which was…
