Highmark Fires Back In UPMC Antitrust Dispute

Law360, New York (October 30, 2012, 10:13 PM EDT) -- Highmark Inc. argued Friday that a proposed class action accusing it of conspiring with the University of Pittsburgh Medical Center to inflate insurance rates cannot survive because of a 90-year-old U.S. Supreme Court finding that damages cannot be awarded in a dispute over allegedly anti-competitive rates if a regulatory agency already approved those rates.

In a motion to dismiss filed in Pennsylvania federal court, the health insurer responded to an Oct. 9 amended complaint seeking monetary damages for allegedly inflated health insurance rates, citing the Supreme...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.