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California suit claims WellPoint depressed prices

March 9, 2007

WellPoint Inc.’s California subsidiary drove down prices to “artificial levels substantially below market value” for doctors caring for workers’ compensation patients, according to a lawsuit filed by physicians today in a state court in Los Angeles.

The suit seeks class-action status and triple damages from WellPoint Health Networks and Blue Cross of California, which are owned by Indianapolis-based WellPoint, as well as a now-dissolved insurance fund.

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