Antitrust Suit Alleges Collusion Handed La. To Blue Cross

Law360, New York (November 14, 2012, 7:19 PM EST) -- The latest in a series of antitrust lawsuits filed against Blue Cross Blue Shield Association came Tuesday in the form of a federal class action alleging the health insurance provider violated antitrust laws by monopolizing Louisiana's health insurance industry, resulting in higher costs to the state's consumers.

The lawsuit was filed by Galactic Funk Touring Inc. — described as a New Orleans-based corporation that purchased a small-group Blue Cross Blue Shield health insurance policy from Blue Cross Blue Shield of Louisiana since 2008 — and New...
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.