Ford Motor Co. Sues Blue Cross Blue Shield in Antitrust Case Over ‘Astronomical’ Profit

Ford Motor Co. Sues Blue Cross Blue Shield in Antitrust Case Over ‘Astronomical’ Profit
Ford logo at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany, on Sept. 10, 2019. Wolfgang Rattay/Reuters
Reuters
Updated:

Ford Motor Co. is suing Blue Cross Blue Shield Association in U.S. court, accusing it of a price-fixing conspiracy that caused the automaker to pay inflated costs for health insurance products for its employees.

The lawsuit Ford filed in Detroit federal court on May 31 accused the insurer and its regional Michigan branch of unlawfully dividing up parts of the country in a scheme to reduce competition with each other in order to drive “astronomical profits.”