Horizon Blue Cross Blue Shield of New Jersey agreed to pay $100 million to resolve allegations in a newly unsealed lawsuit initiated by whistleblowers that accused the insurer of ripping off New Jersey taxpayers.
The settlement with the New Jersey attorney general reveals a long-running legal dispute that was unfolding in a sealed court case between the state and Horizon, even as rising expenses in the state employee health plan pushed up costs for taxpayers.
A former state official raised alarms years ago about how New Jersey’s largest health insurer, which covers about 3.7 million