Law360(July 14, 2025, 10:43 PM EDT)
Blue Cross Blue Shield asked an Alabama federal judge on Friday to approve a $2.8 billion antitrust settlement with hospitals and other healthcare providers over its territorial policies, arguing that recent objections to the deal’s release provision are meritless and the settlement preserves “key, procompetitive features” of the insurance system.
In a 27-page brief, the Blue Cross affiliates argued that objections to the settlement’s release provision are based on the objectors’ “strained reading of the release runs counter to its plain text.” The brief also notes that the release is similar to a release provision in Blue Cross’ other 10-figure settlement that the Eleventh Circuit affirmed.