Local News
Blue Cross settles with Texas, $4.5M will go to help indigent kids
01:53 PM CST on Thursday, December 20, 2007
Blue Cross Blue Shield of Texas reached a $4.5 million settlement with the Texas Attorney General’s Office related to a decade-old acquisition dispute, the attorney general said Thursday.
Under the $4.5 million settlement, which will be distributed among three children’s hospitals and eight charity health care clinics throughout the state, all funds must directly benefit indigent patients.
An estimated $500,000 will go to the Dell Children’s Medical Center of Central Texas.
Attorney General Greg Abbott was expected to announce a larger award for Children’s Medical Center Dallas at 2 p.m.
“It’s actually been completed in a very amicable manner,” said Margaret Jarvis, spokeswoman for Blue Cross Blue Shield of Texas. “It brings to resolution an acquisition dispute that actually started more than a decade ago.”
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