Monthly Archives: October 2024

Blue Cross Blue Shield Agrees to Pay $2.8 Billion Settlement in Antitrust Case

Posted by Jacqueline Glennon on October 28, 2024
Antitrust / No Comments

In October 2024, Blue Cross Blue Shield (“BCBS”) agreed to a $2.8 billion settlement to resolve allegations of anti-competitive practices in the health insurance market – it is reported to be the largest settlement in a health care antitrust case to date. This landmark case has drawn significant attention from policymakers, health care advocates, and consumers alike, highlighting the complexities of the health care system and its relationship with fair competition.

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