Article: Blue Cross Blue Shield of Missouri Provides Update on Settlement Agreement.

ST. LOUIS, Oct. 28 /PRNewswire/ -- Blue Cross and Blue Shield of Missouri, the Missouri Department of Insurance and the Missouri Attorney General, representing the state as well as the interests of over 90 consumer groups, presented their support today of the proposed settlement agreement at a public hearing before Cole County Circuit Judge Thomas Brown. Blue Cross and Blue Shield of Missouri is parent company of RightCHOICE Managed Care, Inc. (NYSE: RIT).

The settlement agreement is intended to resolve outstanding litigation on regulatory issues and would create Missouri's largest health care foundation, the Missouri Foundation for Health, and result in ...

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