Full Answer
What is the class action 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.”
How do I contact Blue Cross Blue Shield settlement?
The Claims Administrator sent emails using the Blue Cross Blue Shield logos from [email protected]. The Claims Administrator also sent postcards containing Blue Cross Blue Shield logos with the return address “Blue Cross Blue Shield Settlement, c/o JND Legal Administration, P.O. Box 91390, Seattle, WA 98111”.
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.
Why is it still not known how much the settlement will pay?
Four months later, it's still not known how much or when claimants will receive any money. The reason, at least in part, is because the U.S. District Court overseeing the settlement ordered on Feb. 4 that a supplemental notice be issued to self-funded entity accounts in order to clarify their opt-out rights.
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.
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.
How much are the Facebook settlement checks?
Barring any further appeals, $397 settlement checks will go out within the next 60 days to nearly 1.6 million users in Illinois who submitted claims.
How can I check on my Facebook settlement check?
According to the settlement website FAQ, it will take two weeks to finish mailing the checks and processing electronic payments. If you're unsure about your part in the settlement, you can call the Settlement Administrator at 1-844-799-2417.
What happened to the Facebook settlement in Illinois?
Facebook agreed to pay $650 million to end the litigation, with the money to be split among Illinois Facebook users who filed claims by a certain deadline, minus costs and $97.5 million in attorneys' fees.
How do I get $400 from Facebook?
You must have filed a claim form by November 23, 2020 to receive a payout. If you do not remember whether you filed, or if you think there has been a mistake, you can contact one of the following: Settlement Administrator: 1-844-799-2417. Edelson PC, lawyer appointment to the case: 1-866-354-3015.
What is going on with the Facebook settlement?
The lawsuit — known as "Facebook Internet Tracking Litigation" — accuses Facebook of "improperly obtaining and collecting data" through non-Facebook websites that displayed a Facebook "Like" button. Facebook has denied any wrongdoing, but is still choosing to settle the matter without going to trial.
What is happening with the Facebook lawsuit in Illinois?
Some Facebook users are receiving $397 checks over data privacy violations—and these tech companies could be next. This month, 1.4 million Illinois residents received checks up to $397, thanks to a class action lawsuit settled against Facebook.
THE ANSWER
In October 2020, Blue Cross Blue Shield reached a $2.67 billion settlement in class-action antitrust lawsuit. A judge has not given final approval to the settlement.
WHAT WE FOUND
This settlement stemmed from an Alabama class-action antitrust lawsuit titled In re: Blue Cross Blue Shield Antitrust Litigation MDL 2406.
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 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 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.