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Blue Cross Hit With Market Allocation Suit In Tenn.

By Lisa Coryell (May 14, 2012, 6:23 PM EDT) -- Blue Cross Blue Shield of Tennessee was hit Thursday with an antitrust class action by a customer claiming the health insurance giant conspired with other BCBS plans nationwide to divide geographic markets, creating a monopoly that illegally inflated premiums for thousands of policyholders....

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