The main purpose of antitrust laws in the United States is to encourage competition among businesses and help eliminate monopolies. The intent is to allow consumers the opportunity to decide which business or distributer best meets their needs. Otherwise, consumers may be left with limited options and may become victim to destructive business practices. Recently, the announcement of the $2.7 billion settlement between claimants and Blue Cross Blue Shield relates to antitrust laws and violations of fair competition. Policyholders who may be eligible to receive a piece of this class action lawsuit include those who were covered by Blue Cross Blue Shield plans from February 2008 to October 2020. Continue reading
Tag Archives: Healthcare
Lawsuit on the Menu
Restaurants, eateries, and bars in New York City are allegedly receiving less than fair or equal treatment by the New York State Liquor Authority (SLA). While one establishment received a liquor license suspension after 30 warnings or violations, the liquor license for another restaurant was revoked after only one violation. One of the restaurants that has been handed a liquor license suspension is fighting back, claiming the SLA conducted a hollow investigation and did not uphold the rules of due process. The restaurant is Cloister Café, located in the East Village. Continue reading
Whistleblower Finds Profit in Medicare Fraud
The degree of medical treatment a patient undergoes may determine the amount of Medicare reimbursement a medical facility will receive. Families may feel skeptical toward extensive healing of their loved ones; sometimes with good reason. While some treatments are overcompensated to help ensure a full recovery, others are simply unnecessary. Continue reading