Ford Motor Co. is suing Blue Cross Blue Shield in federal court, alleging a price-fixing conspiracy that it says resulted in the automaker being overcharged for health insurance in Michigan and other states.

The lawsuit was filed Wednesday in US District Court in Detroit against the Blue Cross Blue Shield Association as well as Blue Cross Blue Shield of Michigan.

FILE -- The exterior of a Blue Cross Blue Shield of Michigan office building in Detroit.

Ford claims in the suit that various Blue Cross insurers divided up territory and fixed prices in ways that reduced competition and violated antitrust laws, leading to “astronomical profits” and “extraordinary salaries” for Blues executives.

The automaker’s claims relate to a $2.7 billion antitrust settlement last year in the US District Court in Alabama between several companies and the Blue Cross Blue Shield Association and several Blues plans.

By badas

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