DOJ Settles Antitrust Suit Over $26M Blue Cross Deal

Law360, Los Angeles (November 8, 2011, 8:11 PM EST) -- The U.S. Department of Justice on Tuesday announced an antitrust settlement requiring insurer New West Health Services Inc. to sell most of its business, the same day it sued Blue Cross and Blue Shield of Montana Inc. for paying $26 million for New West customers.

The lawsuit filed in Montana federal court accuses health insurers Blue Cross and New West, along with five area hospitals that co-own New West, of committing civil antitrust violations by agreeing in August to shift the hospitals’ 11,000 workers — about...
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