Aetna Solicits Blue Cross Exec Pay Docs In $2B Antitrust Suit

Law360, New York (June 13, 2012, 2:14 PM EDT) -- Aetna Inc., seeking to prove Blue Cross Blue Shield of Michigan conspired to keep competitors off its home turf, asked a court Tuesday to order disclosure of Blue Cross executive compensation packages it said could undercut the company’s claim to have a benevolent social mission.

Connecticut-based Aetna wants $2 billion in damages from Blue Cross, which is accused of harming rivals by inking deals with half of Michigan’s hospitals under which Blue Cross is always charged less or the same as other insurers.

“The evidence will...
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