Blue Cross Loses Bid To Toss Monopsony Claims

Law360 (September 8, 2008, 12:00 AM EDT) -- A district court judge has refused to reconsider his decision not to toss a lawsuit accusing Blue Cross and Blue Shield of North Carolina of abusing its dominant position in the state's health insurance market.

Pushing the judge to rethink his oral order, Blue Cross argued in the U.S. District Court for the Western District of North Carolina last week that the plaintiffs had failed to voice any of the allegations necessary to assert their claims that the insurer created a monopsony — a market form...
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.