Full Answer
Is the Blue Cross Blue Shield settlement legitimate?
Did you stop to wonder if it's legitimate? It is, but it’s not any kind of windfall to get too excited about. The proposed settlement resolves claims that Blue Cross Blue Shield companies conspired to limit competition, in turn boosting costs for policyholders. A judge still needs to approve the settlement.
What happens if you get scammed by Blue Cross Blue Shield?
Fraudulent debts in your name could take time to reverse and negatively affect your credit score, hurting your ability to get loans in the future. With the product fraud scam, callers are trying to get your Blue Cross Blue Shield contract number in an effort to get reimbursed from your insurance for a product that may not be effective.
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.
Why do I keep getting calls about Blue Cross Blue Shield?
With the product fraud scam, callers are trying to get your Blue Cross Blue Shield contract number in an effort to get reimbursed from your insurance for a product that may not be effective. They will even have a doctor sign off on prescriptions for you, even though he’s never met you.
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What is the Blue Cross Blue Shield case?
The case was filed by a group of individuals and companies who purchased or received health insurance from a Blue Cross Blue Shield company and claim that the defendants—Blue Cross Blue Shield Association and a slew of individual Blue plans—agreed not to compete with each other in selling health insurance and administrative services. According to the lawsuit, the defendants’ alleged anticompetitive conduct caused subscribers and enrollees to pay more for insurance or administrative services than they otherwise would have paid.
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.
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.
How much is the net settlement fund?
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.
Is the Blue Cross Blue Shield settlement a scam?
First off, the settlement is not a scam. It’s the result of a class action antitrust lawsuit called In re: Blue Cross Blue Shield Antitrust Litigation MDL 2406 and you can find the court-approved website for it here.
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 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.
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 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.
How much does a body scan cost?
Companies like Klarismo offer whole body scans for about $250.
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 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 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.
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:
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 to call Blue Cross Blue Shield?
Call the insurer directly. If you’re slightly uncomfortable with the questions the caller is asking, you can hang up and continue the call by dia ling the insurer directly. On the back of your Blue Cross Blue Shield card is the company phone number. Some states even have a fraud number on the card. Don’t dial any numbers given to you by the caller.
How to stop scammers from calling you?
End the phone call. If you do get one of these calls or you’re ever unsure of who’s on the phone, “just hang up,” said Crowell. It’s the quickest way to end contact with these silver-tongued scammers. Otherwise, their sly skills just might keep you on the line, and that’s when the problems begin.
How to file a complaint against a state?
Contact Your Attorney General. You can often file a complaint online through your state’s Attorney General website.
What to do if you feel you've become a victim?
File a police report . If you feel you’ve become a victim, let law enforcement know.
Is healthcare a scam?
Healthcare is low-hanging fruit for many scammers. In addition to being on the hook for out-of-pocket expenses or having your credit scammed, The National Health Care Anti-Fraud Association (NHCAA) estimates that healthcare fraud can cause financial losses in the tens of billions of dollars each year, which “inevitably translates into higher premiums and out-of-pocket expenses for consumers, as well as reduced benefits or coverage.”
Can you give your zip code to Blue Cross Blue Shield?
Protect your information. Make it a rule to never give your personal information over the phone or over email. “Blue Cross Blue Shield would never call our members up and ask for their personal information,” said Crowell. They might ask you for your zip code, but they’re not going to ask you for your member number or Social Security number.
Is Crowell a scammer?
Currently, Crowell is investigating scammer calls peddling topical creams. “It’s usually for a pain cream or a scar cream,” said Crowell. “After they get your approval, you will receive one of these creams in the mail with the prescription. The scammers will usually ask if you want automated prescription refills.
Is The Settlement Legit?
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. Payments will not be sent out until the settlement receives final approval and any appeals are re…
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…