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Blue Cross Blue Shield to issue $2.67 billion in settlement payments: See if you're eligible
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Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure. Blue Cross Blue Shield is set to begin distributing payments tied to a $2.67 billion healthcare settlement from a 2013 class-action lawsuit alleging that its health insurance plans violated antitrust laws. The case involved more than 30 Blue Cross Blue Shield-affiliated companies that were accused of dividing markets and stifling competition. Who is eligible to be paid, and how much will they receive? Here are the latest details. Blue Cross Blue Shield denied claims that it limited competition, and, as a result, caused health insurance premiums to rise. In fact, there was no verdict in the case; a settlement was finally reached after years of legal wrangling. All appeals have been resolved, and the settlement is final. The company says payments to valid claimants will begin in May 2026. If you were covered by a Blue Cross or Blue Shield health insurance policy between 2008 and 2020 โ and filed a settlement claim prior to Nov. 5, 2021 โ you may be eligible to receive a settlement payment. The deadline to file a claim has passed. The $2.67 billion settlement fund, now estimated at $1.9 billion after attorneys' fees and administrative costs, will be paid to some 6 million policyholders who filed claims. Payouts are expected to be about $333 per claim, according to USA Today. However, any claimant expected to receive $5 or less will not receive a payment. Blue Cross Blue Shield says it is currently reviewing claims and sending emails and postcards to those who filed claims. If you are contacted, follow the directions included in the notice. If you agree with the information provided, there is nothing further to do. If you wish to dispute premium amounts paid or any other details, you will be provided with a website link to upload supporting documentation. You may also mail in the documentation for your dispute. You will be provided a claim number to reference in your correspondence. If you are looking for more information on the Blue Cross Blue Shield settlement, you can call 888-681-1142 or email info@BCBSsettlement.com. The mailing address is: Blue Cross Blue Shield Settlement, c/o JND Legal Administration, PO Box 91390, Seattle, WA 98111. Capital One 360 Savings account holders may be eligible to receive back payment from the bank, along with a higher savings interest rate. Here's how to know if you qualify. Learn how the new real estate laws ushered in by the $418 million National Association of Realtors settlement could change the process of buying and selling a home. Around 70 million retirees receive Social Security checks each month, but with recent staff cuts, many are worried about delays. Learn when to expect your check. Bodily injury liability insurance is an essential type of auto insurance. Learn how it works, what it costs, and how much you need. You may indeed have the right to a refund, but it will be for certain penalties charged for tax returns filed during the pandemic. From top rewards at U.S. supermarkets to major offers for first-year cardmembers, the Blue Cash Preferred from Amex can add a lot of value to your wallet.
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