Medical Savings Insurance Co., an Oklahoma-based company, said it has filed an antitrust lawsuit against several Florida hospitals accusing the hospitals of conducting an illegal boycott of the insurance company and conspiring to inflate prices. The lawsuit in U.S. District Court in Fort Myers, Fla., names nine defendants: Cape Coral Medical Center; HCA and HCA Health Services of Florida; Lee Memorial Health System and its Lee Memorial Hospital; Martin Memorial Health Systems and its Martin Memorial Medical Center; the Florida Hospital Association and the Florida Hospital Association Management Corp. In a news release, Medical Savings Insurance said it was boycotted by the hospitals because it refused to tolerate high prices, which exceeded 300% of the actual cost to the provider. At deadline, telephone calls to the insurer, the hospital association and Lee Memorial had not been returned. -- by Patrick Reilly
Okla. insurer sues Fla. hospitals over pricing
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