Blue Cross Blue Shield Antitrust Settlement for $2.7 Billion

The Blue Cross Blue Shield Association Reached a Settlement with Its Customers Who Accused BCBS of Violating the Sherman Antitrust Act.
The Settlement Will Result in $2.7B in Payments by BCBS and a Change in Their Association Policy No Longer Forbidding Competition Between BCBS Plans for Non-Branded Products.
The Story Behind the Story is that This Settlement Took 7 Years and the Federal Government Was NOT INVOLVED AT ALL. The Department of Justice Never Pursued BCBS Regarding Potential Antitrust Violations.
Why Not? What Other Anti-Competitive Practices Are the Health Insurance and Healthcare Industries Engaged In that the Government is NOT Pursuing?
Maybe We Don't Need New Regulations, We Just Need to Enforce the Ones That Already Exist.
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