Chester County Hospital, West Chester, Pa., is seeking $60 million in damages and the breakup of Independence Blue Cross in an antitrust lawsuit against the region’s largest insurer. In a lawsuit filed yesterday in U.S. District Court in Philadelphia, the 216-bed hospital alleges that Independence abused its dominant market power by forcing the hospital to accept “artificially low and unconscionable payment rates” well below its costs. Responding to the lawsuit, Independence issued a written statement expressing disappointment that the hospital, in the early stages of a five-year contract with the insurer, would take its problems with a voluntary contract “to the courts and the media in the hope of sweetening terms.”
Pa. hospital files antitrust suit against Blues plan
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