Physical Address

304 North Cardinal St.
Dorchester Center, MA 02124

blue-cross-counters-ford-motors-co’s-antitrust-lawsuit-citing-timing

Blue Cross Counters Ford Motor Co’s Antitrust Lawsuit, Citing Timing

Ford Motors filed a complaint against Blue Cross Blue Shield Association and its Michigan subsidiary, accusing them of engaging in a scheme to inflate the amount the manufacturer was paying for insurance premiums and other commercial health insurance services.

The Blue Cross defendants contended Ford had not shown evidence that the insurers prevented any other companies from offering insurance products in two court documents filed on Thursday.

Additionally, the insurers claimed that Ford’s claims, which were submitted in May to the federal court in Detroit, fell fully or largely outside of the permitted window for filing an antitrust complaint.

The multibillion-dollar antitrust dispute against Blue Cross that has been in court since 2012 is the source of Ford’s complaint. Ford was one of several significant American corporations that decided not to participate in a $2.7 billion settlement in 2020 in a federal court in Alabama.

Read Next: Ford and Partners Select Canada for $900 Million Battery Materials Facility

Health Insurance Lawsuit

blue-cross-counters-ford-motors-co’s-antitrust-lawsuit-citing-timing
Ford Motors filed a complaint against Blue Cross Blue Shield Association and its Michigan subsidiary, accusing them of engaging in a scheme to inflate the amount the manufacturer was paying for insurance premiums and other commercial health insurance services.

A U.S. appeals court is currently reviewing the deal. There is an ongoing class action against healthcare providers.

On Friday, a Ford spokeswoman declined to comment.

The Blue Cross Blue Shield Association declined to comment, and a request for comment was not immediately answered by its Michigan affiliate.

The automaker was denied “the opportunity to purchase health insurance products and services from a lower cost competitor and/or at a price set by the free market.” according to Ford’s complaint, which claimed that Blue Cross organizations had planned to limit competition.

Ford claimed that since 2009, it has paid more than $500 million in premiums for specific Blue Cross products. Ford is suing for triple damages in addition to other damages.

The Michigan Blue Cross affiliate defended its status as the sole licensee for the Blue Cross brand in the state in its filing.

The affiliate’s legal representatives asserted that Ford had not demonstrated the Michigan licensee’s dominant position in the nation’s insurance market.

Read Next: Ford and Other Automakers Propel Gas-Electric Hybrids in the US

Source: Reuters

Leave a Reply

Your email address will not be published. Required fields are marked *