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The U.S. Supreme Court declined to hear challenges to a $2.7 billion class action settlement with Blue Cross Blue Shield, which was accused of overcharging subscribers, and a related $667 million attorney fee award, Reuters reports. Blue Cross welcomed the decision, and lead class attorney David Boies hailed it as a significant victory for consumers, promising refunds and increased competition in the health insurance market.
1. PBMs inflate drug costs, prioritize profits over patients: Report
2. Blue Shield of California fires executive for falsifying medical credentials
3. SCOTUS upholds $2.7 billion Blue Cross class action settlement
4. American Airlines faces trial over ESG options in its 401(k) plan
6. UnitedHealth settles trade secrets lawsuit with former executives