Grieving families trusted an Army financial adviser. They lost fortunes.
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Blue Cross Blue Shield Faces New Lawsuits From Healthcare Providers Even After Agreeing to $2.8 Billion Settlement
Blue Cross Blue Shield (BCBS) agreed to pay $2.8 billion to settle a class action antitrust lawsuit brought by hospitals and healthcare providers who allege they were underpaid by BCBS. Now, hundreds of hospitals and healthcare providers have not only rejected the deal but gone one step further by filing a new antitrust lawsuit.
- Posted by: Diane Lilli 07/18/2025
Michigan health insurers seek more double digit rate hikes for 2026
Blue Cross Blue Shield of Michigan, the state's largest insurer, has requested increases of 18.2% for individual plans and 11.2% for small group plans.
- Posted by: JC Reindl 07/15/2025
How Health Insurance Monopolies Affect Your Care
When a single health plan dominates the market, like Blue Cross Blue Shield of Alabama’s 94% market share, that dominance allows the insurer to consistently deny claims, charge people more for coverage, and pay lower rates to doctors and hospitals than they would in other states.
- Posted by: Alana Semuels 07/15/2025
