Aetna Fires Back At Blue Cross Over Mich. Antitrust Suit
By Scott Flaherty
Law360, New York (February 21, 2012, 1:44 PM ET) -- Aetna Inc. on Friday fired back at Blue Cross Blue Shield of Michigan's attempt to dismiss an antitrust suit claiming that Blue Cross has dominated Michigan's insurance market through exclusionary hospital agreements that have driven up prices and hurt competition.
Aetna's filing in Michigan federal court reasserts allegations it made in its December suit that Blue Cross used its power as the Michigan market leader to rope hospitals into contracts that forced them to charge Blue Cross competitors higher prices for patient services.