Is the Blue Cross Blue Shield settlement agreement a scam?
In 2021, Snopes readers reported receiving postcards in the mail alerting them to a settlement agreement regarding Blue Cross Blue Shield insurance, with many wondering whether the postcards were to be believed or if it was a scam. The settlement is real, as Bloomberg Law explains.
Are you eligible to be part of the Blue Cross settlement?
Those covered by Blue Cross Blue Shield between February 2008 and October 2020 could be eligible to be part of the settlement. AL.com described the case, which originated in Alabama, as “one of the largest health care settlements in U.S. history.” AL.com further reported:
Who is covered by the Blue Cross/Blue Shield Act?
The settlement covers individuals and insured groups (and their employees) who purchased or were enrolled in a Blue Cross or Blue Shield health insurance or administrative services plan between February 7, 2008 and October 16, 2020.
How do I file a claim with Blue Cross Blue Shield?
To make a claim and receive a payment, you must file a claim form online or by mail postmarked by November 5, 2021. Claims may be submitted online or by mail to: Blue Cross Blue Shield Settlement c/o JND Legal Administration PO Box 91390 Seattle, WA 98111
Is the Blue Cross Blue Shield settlement real?
The tentative $2.67 billion settlement was reached in October 2020 after more than 35 Blue Cross Blue Shield health insurance plans, including Highmark, were sued for allegedly violating antitrust laws, according to https://www.bcbssettlement.com, the settlement's official website.
What is this Blue Cross Blue Shield settlement about?
The settlement resolves claims that the insurers violated antitrust laws by entering into an agreement not to compete with each other and to limit competition among themselves in selling health insurance, according to the BCBS settlement website. BCBS has denied all allegations of wrongdoing.
What is BCBS settlement email?
[email protected] settlement website is www.bcbssettlement.com. The toll-free settlement hotline is 1-888-681-1142. The email address is [email protected].
When can I expect my Facebook settlement check?
When will your settlement check arrive? Facebook class action update: “The Settlement Administrator began sending settlement payments to class members on May 9, 2022. It will take about two weeks to finish mailing the checks and processing the electronic payments.
What does it mean when a settlement is in review?
Settlement Review means the evaluation by the Settlement Facility, under Basic Review or Comprehensive Review, of each Unresolved Asbestos Claim or Post-Confirmation Asbestos Liability submitted to the Settlement Facility under the processes and procedures established by the CRP to determine whether a Settlement Offer ...
Where is the unique ID on the BCBS settlement postcard?
You will need a Unique ID code from the settlement to file a claim. If you received a postcard notice, the Unique ID is the 10-digit code of letters and numbers in the upper left corner of the inside of the postcard.
Did Blue Cross have a settlement with Memorial Hermann?
Memorial Hermann hospital at the Texas Medical Center on July 24, 2019. The Memorial Hermann health system and Blue Cross Blue Shield of Texas on Friday announced that the two parties have reached a contract agreement, allowing nearly 200,000 patients to continue care at Memorial Hermann hospitals.
Is ClassAction org legit?
ClassAction.org is a group of online professionals who are committed to exposing corporate wrongdoing and giving consumers the tools they need to fight back. We've been reporting on the legal space for nearly a decade and have built relationships with class action and mass tort attorneys across the country.
How much is the Blue Cross Blue Shield settlement?
A $2.67 billion settlement was reached on Oct. 16, 2020. According to the Blue Cross Blue Shield Settlement Website, “The Court has not decided who is right or wrong. Instead, Plaintiffs and Settling Defendants have agreed to a Settlement to avoid the risk and cost of further litigation.”.
What was the settlement agreement for Blue Cross Blue Shield?
The settlement agreement includes changes to the Blue Cross business model designed to enhance the market for health insurance, including eliminating a cap on revenue that BCBS affiliates could earn selling other health insurance plans.
How many options are there for a class action lawsuit?
Members of the class covered in the lawsuit have four options. They can file a claim as part of the settlement, opt out of the settlement and maintain the ability to file a separate lawsuit, object to the settlement in a letter to the court or do nothing and receive no payment. Those who wish to object must postmark their letters by July 28, 2021.
Is Snopes a scam?
Snopes readers have reported receiving postcards in the mail alerting them to the settlement. In 2021, Snopes readers reported receiving postcards in the mail alerting them to a settlement agreement regarding Blue Cross Blue Shield insurance, with many wondering whether the postcards were to be believed or if it was a scam.
What is a settlement with Blue Cross Blue Shield?
Class Representatives (“Plaintiffs”) reached a Settlement on October 16, 2020 with the Blue Cross Blue Shield Association (“BCBSA”) and Settling Individual Blue Plans. BCBSA and Settling Individual Blue Plans are called “Settling Defendants.”. Plaintiffs allege that Settling Defendants violated antitrust laws by entering into an agreement not ...
What is this Settlement about?
This settlement, arising from a class action antitrust lawsuit called In re: Blue Cross Blue Shield Antitrust Litigation MDL 2406, N.D. Ala. Master File No. 2:13-cv-20000-RDP (the “Settlement”), was reached on behalf of individuals and companies that purchased or received health insurance provided or administered by a Blue Cross Blue Shield company. Class Representatives (“Plaintiffs”) reached a Settlement on October 16, 2020 with the Blue Cross Blue Shield Association (“BCBSA”) and Settling Individual Blue Plans. BCBSA and Settling Individual Blue Plans are called “Settling Defendants.”
How do I participate in the Settlement?
To make a claim and receive a payment, you must file a claim form online or by mail postmarked by November 5, 2021. Claims may be submitted online or by mail to:
How did settlement defendants violate antitrust laws?
Plaintiffs allege that Settling Defendants violated antitrust laws by entering into an agreement not to compete with each other and to limit competition among themselves in selling health insurance and administrative services for health insurance. Settling Defendants deny all allegations of wrongdoing and assert that their conduct results in lower healthcare costs and greater access to care for their customers. The Court has not decided who is right or wrong. Instead, Plaintiffs and Settling Defendants have agreed to a Settlement to avoid the risk and cost of further litigation.
Who decides whether to approve a settlement?
The Court in charge of this case still has to decide whether to approve the Settlement. Payments will be made if the Court approves the Settlement and after any appeals are resolved. Please be patient.
What happens if you select the alternative option?
If you select the Alternative Option, you must submit relevant data or records showing a higher contribution percentage. Otherwise the Default Option will be used. Instructions for submitting your claim are on the claim form, available here. When required, sufficient documentation shall include an attestation signed under penalty of perjury when other documentation is no longer available.
How to file Bcbssettlement.com Claim?
The easiest way to file the claim is to use the online portal of Bcbssettlement.com. Everything related to the form is self-explanatory and if you are an average internet user, then you won’t face any problem. On the other hand, even the interface is neat and user-friendly.
What to do if you have any doubts about authenticity?
If you have any doubt about the authenticity, then always dial up the support team and they will help you make the right choice. We have covered all of the important aspects regarding this lawsuit in this post. By any chance, if there is still anything bothering you, then leave a comment below and we will do our best to assist you.
Who is Eligible?
Anyone apart from government bodies that brought or received health policies from this firm is eligible for the compensa tion. People do need to verify their identity, fill in the personal details in order to submit the claim. There are two ways of submitting the form.
Is a lawsuit complicated?
Lawsuits are always complicated. You might be interested in contacting the underlying party independently to discuss your take or you might have a dilemma about a particular policy or a clause.
How did settlement defendants violate antitrust laws?
Plaintiffs allege that Settling Defendants violated antitrust laws by entering into an agreement not to compete with each other and to limit competition among themselves in selling health insurance and administrative services for health insurance. Settling Defendants deny all allegations of wrongdoing and assert that their conduct results in lower healthcare costs and greater access to care for their customers. The Court has not decided who is right or wrong. Instead, Plaintiffs and Settling Defendants have agreed to a Settlement to avoid the risk and cost of further litigation.
How much does a body scan cost?
Companies like Klarismo offer whole body scans for about $250.
How to avoid getting spam emails?
You can avoid getting these emails by creating a SPAM folder in your email account, and creating a filter at the server level to automatically send spam emails to your spam account.
What happens if you select the alternative option?
If you select the Alternative Option, you must submit relevant data or records showing a higher contribution percentage. Otherwise the Default Option will be used. Instructions for submitting your claim are on the claim form, available here. When required, sufficient documentation shall include an attestation signed under penalty of perjury when other documentation is no longer available.
Is the BCBS settlement legit?
Yes, I have received some kind of notice about Blue Cross Blue Shield Settlement (BC BS settlement) with the link to the website bcbc settlement dot com. It's a legit website because this website is registered by JND legal administration which is the legal class action administrator of this case.
Can scammers create fake websites?
However, it is possible that scammers could create a fake website and trap you by sending some weird letter with the link to another website then it might be a phishing attempt. So you should be very careful and check if it's an official website that you put in your browser.
Is BCBS a good health insurance company?
Historically BCBS has been an excellent health insurance company as a provider within the federal health insurance plans, my sole user experience.
What is the proposed settlement for Blue Cross Blue Shield?
The proposed settlement resolves claims that Blue Cross Blue Shield companies conspired to limit competition, in turn boosting costs for policyholders.
How long does it take to fill out a claim form?
Filling out the claim form takes only a few minutes. You will need your insurance subscriber information.
How much is the Blue Cross settlement?
If you purchased or were enrolled in a Blue Cross or Blue Shield health insurance or administrative services plan between 2008 and 2020, a $2.67 billion Settlement may affect your rights.
Is the class action lawsuit legitimate?
It's legitimate. Just a class action lawsuit.
Can you sue yourself in a class action lawsuit?
Generally with class action lawsuits youre waiving your right to sue them yourself.
How Much Can I Get from The Settlement?
- Those who submit valid claims are eligible to receive a cash payment from the approximately $1.9 billion net settlement fund. The amount of the payment will depend on, among other factors, the amount of premiums or administrative fees you paid and the number of valid claims that are file…
Who Is Covered by The Settlement?
- The settlement covers individuals and insured groups (and their employees) who purchased or were enrolled in a Blue Cross or Blue Shield health insurance or administrative services plan between February 7, 2008 and October 16, 2020. The settlement also covers self-funded accounts (and their employees) who purchased or were enrolled in a Blue Cross or Blue Shield health insu…
How Do I File A Claim?
- The easiest way to file a claim is to use the online portal on the settlement website, found here. You’ll need your unique ID from the email or postcard you received. (If you don’t have a unique ID, you can still file a claim using the same portal.) You can also download a copy of the claim form, found here, and mail it to the below address: All claim forms must be submitted online or postm…
Where Can I Find More Information?
- For more information, check out the settlement website, particularly the FAQ section. If you still can’t find what you’re looking for, you can reach out to the settlement administrator at [email protected] or call toll-free at (888) 681-1142. If you’re interested in getting class action news and updates, including information about settlements, sent straight to your inbox, si…