Judge gives green light to New West's divestiture
HELENA — A judge has given the go-ahead to break up Montana's third-largest health insurance company as part of an antitrust settlement.
U.S. District Judge Richard Cebull's Monday order sets the ground rules for the divestiture of New West Health Service's commercial insurance business.
Five of the hospitals that own the company want to switch their 11,000 employees' insurance coverage to Blue Cross and Blue Shield of Montana. Regulators say the deal would spell the end of New West's commercial business and drive out competition.
The settlement will allow the hospitals to switch insur...