Blue Cross and Blue Shield of Rhode Island is responding to a lawsuit claiming that it stymied Steward Health Care’s bid to acquire Landmark Medical Center in Woonsocket.
Steward is the Massachusetts-based, for-profit health care chain that tried to acquire Landmark, which has been in receivership for several years. Steward filed suit in Superior Court this week claiming Blue Cross thwarted those plans purposefully to maintain what Steward calls an unlawful monopoly on commercial insurance and hospital services.
The budget commission that’s running the city of Woonsocket has asked area lawmakers to introduce a bill that would authorize a $2.5 million dollar supplemental tax increase. It’s part of a plan to bail out the financially distressed community.
The average Woonsocket resident would pay an additional $150 in property taxes and $90 in vehicle taxes under terms of a supplemental tax bill introduced by two state lawmakers. The aim is to raise $2.5 million. It’s part of a larger plan to erase a $17 million deficit over the next five years.