Blue Cross Accused Of Monopoly In Calif. Class Action

Law360, New York (April 1, 2013, 1:59 PM EDT) -- Anthem Blue Cross was hit with a putative class action in California state court Friday, accusing it of engaging in a scheme to monopolize the state’s health insurance market and using its market power to overcharge its customers.

According to plaintiff Judy Sheridan, an Anthem Blue Cross customer, the company — a subsidiary of WellPoint Inc. — has engaged in a conspiracy with the 37 other companies that make up the nationwide Blue Cross and Blue Shield Association. The companies have agreed not to compete with...
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