Top News

Neighborhood drug stores demand $1.5B, accuse Walgreens, Prime Therapeutics, Blue Cross of conspiracy

Jonathan Bilyk Sep. 25, 2017, 6:22pm

As his earlier similar lawsuit faces the threat of dismissal, a Palos Heights lawyer has lodged another antitrust action demanding Walgreens, Prime Therapeutics and the parent company of Blue Cross Blue Shield shell out $1.5 billion for allegedly conspiring to drive small “mom-and-pop” neighborhood drug stores out of business by cutting off their access to reimbursement under Medicaid, Medicare and Blue Cross.

Appeals panel upholds dismissal of class action challenge of how Blue Cross parent corp uses profits

Scott Holland Oct. 12, 2016, 6:25pm

A state appeals panel has ruled in favor of the parent company of Blue Cross Blue Shield of Illinois, finding a Cook County judge was correct in dismissing a class action lawsuit arguing the health insurer should have spent more of its $10 billion in “cash surplus” for the betterment of its members.