Full Answer
Is the Blue Cross Blue Shield settlement legit?
Yes, the Blue Cross Blue Shield Settlement Is Legit Snopes readers have reported receiving postcards in the mail alerting them to the settlement.
How do I file a Blue Cross Blue Shield settlement claim?
Those who received an email or postcard have a unique ID with which to file their claim, but the website offers a way to file if you don't have a unique ID. You can also mail your claim to: Blue Cross Blue Shield Settlement, c/o JND Legal Administration, PO Box 91390, Seattle, WA 98111. But don't dawdle. The deadline for filing claims in Nov. 5.
Is bcbssettlement a scam or legit?
Bcbssettlement.com is a legitimate website. People that were affected by the inflated health policy prices will get the compensation if they follow the instructions. The website is extremely simple and almost everything about the whole situation is self-explanatory. Moreover, all the data is encrypted by them as well.
Why was bcbssettlement created?
As we mentioned before Bcbssettlement.com was created due to the Anti-trust lawsuit. The lawsuit was carried out on behalf of the individuals and companies that either purchased or received health policy from the Blue Cross Blue Shield firm.
Why did I get a BCBS settlement email?
Class members may receive notice by email or mail advising them of their rights under the settlement, including how and where they can submit a claim for a settlement payment. You may also see or hear advertising related to the settlement on TV, radio, in print, as well as online.
How much should I expect from BCBS settlement?
The exact number of claims was not available on the website but if, say, 1.5 million people filed valid claims, then the average payment would be $12.66. If 150,000 people filed claims, then the average payment would be $126.60.
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.
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 ...
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 to do if you didn't receive a settlement email?
If you didn't receive an email or postcard about the settlement and feel that you qualify, you can file a claim on the settlement's website , which I mentioned above.
When did Blue Cross Blue Shield settle?
The settlement was reached in October 2020 after the Blue Cross Blue Shield plans were sued for allegedly violating antitrust laws, according to https://www.bcbssettlement.com, the settlement's official website.
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.
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.
When is the Fairness Hearing 2021?
To get a good idea about the kind of amount one might receive, it is better to wait till the Fairness hearing which is scheduled on October 20th 2021. For any reason, if you believe the amount paid out is less, then you need to hire a lawyer to explore all of the possibilities.
Who decides the final compensation amount?
Once all the details are put in, the claims administrator will process the data and decide the final compensation amount. The process on their end is something you do not have to worry about. Nonetheless, make sure that you carefully read the agreement and if you do not agree with any clause, then talk with your attorney.
Is anti-competitive behaviour bad for the economy?
However, for the general population, monopoly will always likely turn into a nightmare and generally speaking, it is not good for the economy as well. Antitrust laws were created to prevent companies from exploiting the loophole of capitalism.
Can you confront someone who receives compensation?
Also, any entity that receive s the compensation gives up the right to confront them legally in this regard. If you are someone that should get a compensation from them, then continue reading to know about the eligibility criteria, documentation and other relevant things necessary to get the funds.
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.
What to do if you didn't receive a settlement email?
If you didn't receive an email or postcard about the settlement and feel that you qualify, you can file a claim on the settlement's website , which I mentioned above.
When did Blue Cross Blue Shield settle?
The settlement was reached in October 2020 after the Blue Cross Blue Shield plans were sued for allegedly violating antitrust laws, according to https://www.bcbssettlement.com, the settlement's official website.
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.
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 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.
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.
Crazy neighbors trying to discourage people from buying my house because they want it
Decided to sell my house about a year ago, neighbor made an offer but it was too low for me and I decided to fix up the house and put it on the market to get a higher price. I told them this, they stayed silent but was watching me constantly when I was fixing up the house.
I Walked into a chiro two days ago with minor lower back pain for a standard adjustment from I Dr. I wasn't familiar with, left in I wheelchair
I'll try to keep this brief and will elaborate if anyone is interested or can help. First of all I'm in Texas. As in the title above, I WALKED into a chiro I've been seeing for years for a small flare up in my lower back. I went to a new location and was treated by a Dr. That I had never met before and who clearly doesn't care about his patients.
Got charged for Surgery I never got
About 2 months ago I opted to get LASIK surgery and was super excited to get the procedure. I went in for the consultation and was told to come in the very next day and I could get the surgery done. Following the instructions of the nurse I took Friday off and canceled all my contract work for the next couple of days .
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 filed…
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 …
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 postma…
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…