Ford Motor Co. sued Blue Cross Blue Shield of Michigan Mutual Insurance Co. alleging that the insurer violated antitrust law by conspiring to inflate the cost of health services.
In a complaint filed Wednesday, Ford alleged that BCBS MI and the Blue Cross Blue Shield Association violated Section 1 of the Sherman Act by dividing territory and fixing prices, which resulted in overcharging Ford for commercial health insurance products it purchased from certain BCBS entities.
The entities, including BCBS MI, agreed with each other to refrain from competing against each other and all other BCBS licensees when providing insurance products ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.