Webinar on BCBS Providers Class Action Settlement Dec. 11
(Nov. 22, 2024) – The Blue Cross Blue Shield Providers Class Action Settlement resolves the allegations that BCBSA and Individual Blue Plans violated antitrust laws by illegally dividing the United States into "service areas" and agreeing not to compete with each other in those areas. The plaintiffs also claim that settling defendants fixed prices for services provided. The Court has not decided who is right or wrong. Instead, plaintiffs and settling defendants agreed to a $2.8 billion settlement to avoid the risk and cost of further litigation. What does this mean for Kansas hospitals?
The Kansas Health Service Corporation has partnered with Class Action Capital for six years to assist Kansas Hospital Association members with cases like this. KHSC is hosting a webinar at 10:00 a.m. on Wednesday, Dec. 11. Joshua Kerstein, CAC's director of business development, will discuss the landmark $2.8 billion Blue Cross Blue Shield Providers Class Action settlement, claims process, and how this class action can affect your organization. This webinar will instruct hospitals to determine whether to join the class settlement or consider working independently. Class Action Capital can be of assistance no matter the hospital's decision.
--Steve Poage