Settlement FAQs

should i join the bcbs settlement

by Heloise Wehner Published 2 years ago Updated 2 years ago
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As part of the settlement, the plans deny all allegations of wrongdoing. Anyone who was enrolled in a Blue Cross Blue Shield individual or group insurance plan between Feb. 7, 2008 and Oct. 16, 2020 may be eligible for money. Those enrolled in a self-funded account between Sept. 1, 2015 and Oct. 16, 2020 also may be eligible.

Full Answer

What is the settlement with Blue Cross Blue Shield?

A tentative settlement was reached with Blue Cross Blue Shield agreeing to pay settlement class members. This $1.9 billion settlement applies to individuals who have branded BCBS individual policies, some self-insured groups, fully insured groups and the employees of these companies.

How do I contact BCBS settlement?

The claim administrator can also be contacted by email at [email protected]. Q: Who are settlement class members? Answer: Both employers (i.e. plan sponsors), and employees (but not dependents) covered under group health plans, as well as individuals purchasing BCBS insurance directly, are class members if they purchased or were enrolled in:

How do I file a lawsuit against Blue Cross Blue Shield?

To do so, you must send a letter saying that it is your “Notice of Intention to Appear in In re: Blue Cross Blue Shield Antitrust Litigation.” Be sure to include your name, including the name of your business (if applicable), current mailing address, telephone number, and signature.

What does the $626 million settlement mean for BCBS?

The $626 million represents 23.47% of the settlement fund. On its website, BCBS said, "The settlement received final approval on August 9, 2022. Payments from the settlement will be made to Class Members who submitted valid claims only after any appeals – if filed – are resolved. Please check this website for updates."

What is the proposed settlement for Blue Cross Blue Shield?

How long does it take to fill out a claim form?

About this website

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What is happening with BCBS settlement?

The judge has awarded legal fees of $626 million, representing 23.47% of the settlement fund. A long-running $2.7 billion antitrust settlement against Blue Cross Blue Shield has been finalized in federal court. U.S. District Court Judge R.

Is the BCBS settlement Legitimate?

IS THE BLUE CROSS SETTLEMENT REAL? Yes, the Blue Cross Blue Shield Settlement is legit, and some involved may have even received postcards in the mail notifying them of the lawsuit.

What is the class action suit against Blue Cross?

It purports that that BCBS companies colluded to create territories within the US, an act that would be in violation of antitrust laws. The claim was that this resulted in individuals, insured group health plans, and self-funded plans paying higher premium and ASO costs than they would in a competitive market.

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.

Where is the unique ID on the BCBS settlement postcard?

If you received a postcard notice, your Unique ID is on the upper left corner of the inside of your postcard. If you received an email notice, the Unique ID was provided toward the top of the email body.

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].

How much did people get from Facebook settlement?

– Facebook's parent company – finally reached a settlement agreement worth a total of $90 million.

Is Facebook still sending checks?

Facebook is currently sending out settlement checks to its users, and these checks are close to $400.

How do I get my money from Facebook lawsuit?

The lawsuit is known as Facebook Internet Tracking Litigation. Meta denies that it violated any law but has agreed to the settlement to avoid the costs and risks associated with continuing the case. To receive a payment from the settlement, you need to submit a claim form by September 22, 2022.

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.

Why does Blue Cross Blue Shield keep calling me?

Robocall Scams Blue Cross Blue Shield Association has received reports that some individuals are receiving robocalls that falsely claim to be made by “Blue Cross Blue Shield.” These calls may seek to market insurance products or collect personal information from call recipients.

What is the class action guide?

If you received a class action notice in the mail, this simply means that your legal rights may be affected by a lawsuit that was recently filed or settled. Notices are sent to people whose rights could be affected by a class action.

Blue Cross Blue Shield Settlement Update Winter 2022 - Certificate ...

Happy New Year everyone! With the turn of a new page, we are happy to be here for everyone with settlement updates and insights. It’s been over two months since the claim filing deadline passed in the Blue Cross Blue Shield Antitrust Settlement and we want to let folks know what’s going on with the claims process (hint: CCC officially uploaded our client data for the alternative ...

Latest news on Blue Cross Blue Shield settlement payments - Erie Times-News

The tentative $2.67 billion settlement was reached in October 2020 with more than 35 Blue Cross Blue Shield health insurance plans, including Highmark.

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Are you eligible for money in the BCBS settlement? The deadline ... - MSN

Usually, 2 Wants To Know tells you to beware of your emails in your inbox. This time, we want you to check for an email from Blue Cross Blue Shield (BCBS). It could be your last reminder to get ...

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Blue Cross Blue Shield Settlement Payout Overview: Who: Plaintiffs who opted out of a prior $2.67 billion settlement filed a new class action lawsuit against Blue Cross Blue Shield. Why: Plaintiffs argue the settlement agreement does not properly compensate them for the alleged antitrust violations Blue Cross Blue Shield committed. Where: The class action lawsuit was filed in Florida federal ...

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 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.

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.

What is classaction.org?

ClassAction.org is a group of online professionals (designers, developers and writers) with years of experience in the legal industry.

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.

Why is the Court approving the settlement notice?

The Court authorized the Notice because Class Members have a right to know about the proposed Settlement of certain claims against Settling Defendants in this class action lawsuit and about Class Members' options before the Court decides whether to approve the Settlement. If the Court approves the Settlement, and after objections ...

How many members of large, geographically dispersed, self-funded national Employers are eligible for the second blue?

The Second Blue Bid provision of the Settlement Agreement was designed to enable 33 million Members of large, geographically dispersed, self-funded national Employers to have the opportunity to receive a Second Blue Bid.

What is a class action lawsuit?

In a class action lawsuit, one or more people or businesses called class representatives sue on behalf of others who have similar claims. All of the people or businesses who have similar claims together are a “class” or “class members” if the class is certified by the Court. Individual class members do not have to file a lawsuit to participate in ...

Is Blue Cross Blue Shield a class member?

If you were covered by certain Blue Cross Blue Shield health insurance or administrative services plans between February 2008 and October 2020, you may be a Class Member. The Court certified two Settlement Classes in this case, a Damages Class and an Injunctive Relief Class. You may be included in both Settlement Classes.

Can you sue a settlement defendant?

This means that you cannot sue, continue to sue, or be part of any other lawsuit against Settling Defendants that makes claims based on the facts and legal theories involved in this case or any of the business practices the Settling Defendants adopt pursuant to the Settlement Agreement.

Did the court decide in favor of the plaintiffs or settlement defendants?

The Court did not decide in favor of the Plaintiffs or Settling Defendants. Instead, both sides have agreed to the Settlement. Both sides want to avoid the risk and cost of further litigation. The Plaintiffs and their attorneys think the Settlement is best for the Settlement Classes. 5.

Do you have to file a lawsuit to join a class action?

Individual class members do not have to file a lawsuit to participate in the class action settlement or be bound by the judgment in the class action. One court resolves the issues for everyone in the class, except for those who exclude themselves from the class. 4. Why is there a Settlement?

When did the BCBS settlement come into effect?

After eight years of litigation, the Blue Cross Blue Shield Association companies reached an agreement on October 30, 2020, pertaining to their alleged national anti-competitive policies.

How much did the Blue Cross Blue Shield settlement cost?

A tentative settlement was reached with Blue Cross Blue Shield agreeing to pay settlement class members. This $1.9 billion settlement applies to individuals who have branded BCBS individual policies, some self-insured groups, fully insured groups and the employees of these companies.

What is the Blue Cross Blue Shield agreement?

After eight years of litigation, the Blue Cross Blue Shield Association companies reached an agreement on October 30, 2020, pertaining to their alleged national anti-competitive policies. The legal dispute claimed a violation of antitrust law by splitting insurance markets to avoid competition among its member companies.

How long is BCBS settlement?

There have been tens of millions of people covered under BCBS plans during the settlement period and the settlement includes 13 years for fully-insured plans (2008-2020). During that time, trillions of dollars of insured premium were paid. Much will depend on the participation and claim filing rates of employers and individuals.

When do BCBS claims have to be posted?

Answer: After the claims period has closed (remember the deadline to file/postmark your claim is November 5, 2021), the settlement claims administrator will create a secure portal on the settlement website and post the year-by-year premiums and/or administrative fees (which form the basis of the claimant’s ultimate distribution) assigned to each claimant, based on data provided by the BCBS plan and any other information gather by the claim administrator through the claim process. While this figure will not represent the claimant’s settlement payment, it will identify the basis for calculating such payment. Claimants will be able to review the paid premium or fees used to calculate their award and can contest those figures and request a correction within 30 days of the secure portal posting.

What is a JND settlement agreement?

Answer: The settlement agreement requires that each BCBS plan provide the settlement claim administrator (JND Legal Administration) with billed premium and fee information and covered lives counts, as well contact information for class members, including a personal identifier (“unique ID”) that will be assigned to each potential claimant.

What is the settlement of a class action lawsuit?

In October of 2020, Blue Cross and Blue Shield (BCBS) companies reached an agreement to settle a class action lawsuit in a case brought by subscribers related to licensing agreements within the BCBS system. While the BCBS Companies rejected claims made by the plaintiffs in the case, they agreed to provide monetary payments to eligible individuals and employers and to make some operations changes across the Blue Cross and Blue Shield system. The parties agreed to a settlement to avoid the risk and cost of further litigation. The settlement terms will be reviewed by the Court on October 20, 2021 to determine if the settlement is fair, reasonable, and adequate.

What entities are eligible to file a claim?

Entities such as multiemployer welfare arrangements (MEWAs), Associations, and Taft Hartley Plans are also eligible to file a claim. BCBS Medical, dental, pharmacy, vision and stop-loss products are included. Enrollment only in a stand-alone vision or dental plan does not qualify for settlement consideration.

What is the phone number for settlement?

In addition, there is a settlement customer service line, (888) 681-1142, that employers or individuals may use to speak to a representative ...

Is a BCBS employee a class member?

Answer: Both employers (i.e. plan sponsors), and employees (but not dependents) covered under group health plans, as well as individuals purchasing BCBS insurance directly, are class members if they purchased or were enrolled in:

What happens if you do nothing in the settlement?

If you do nothing, you will remain a member of the Settlement Classes and be bound by the Settlement. However, if you had been entitled to share in the Settlement proceeds, you will not get a payment.

How did settlement defendants violate antitrust laws?

Plaintiffs allege that Settling Defendants violated antitrust laws by entering into an agreement not to compete and to limit competition among themselves in selling health insurance and administrative services for health insurance.

How will FI payments be distributed?

Payments will be distributed on a proportional basis across all FI Authorized Claimants based on their estimated premiums.

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 and on the Settlement Website. When required, sufficient documentation shall include an attestation signed under penalty of perjury when other documentation is no longer available.

When is the class period for a fully insured individual?

The class period for the fully insured Individuals and Insured Groups (and their employees) is from February 7, 2008, through October 16, 2020.

Where to file a claim for unemployment in 2021?

You must file a claim form online or by mail postmarked November 5, 2021. Claims may be submitted online at www.BCBSsettlement.com or by mail to:

Who is included in the Injunctive Relief Class?

Dependents, beneficiaries (including minors), and non-employees are included in the Injunctive Relief Class.

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.

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Is The Settlement Legit?

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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. The case was filed by a group of individuals and companies who purchased or received health insurance from a Bl…
See more on classaction.org

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…
See more on classaction.org

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 ...
See more on classaction.org

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…
See more on classaction.org

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…
See more on classaction.org

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