
How much Blue Cross settlement?
– A $2.67 billion settlement to resolve antitrust charges against health insurer Blue Cross Blue Shield will result in payments to some consumers of Premera and Regence health plans in Washington. The settlement signed in U.S. District Court for the Northern District of Alabama affects the 36 Blue Cross Blue Shield insurers nationwide.
Why is BCBS being sued?
The lawsuit claims that Blue Cross violated antitrust laws by reducing competition in their areas, allowing for higher rates on some plans. However, Blue Cross denies allegations of wrongdoing, claiming its actions resulted in lower health care costs and greater access to customers and has agreed to a settlement. Here’s what you should know:
Does Blue Cross Blue Shield over Viagra?
This allows us to help CPAP patients with different insurance carriers in all 50 states, instead of being limited to one service area..It means they have medication coverage A drug list, is a list of drugs available to Blue Cross and Blue Shield of Illinois (BCBSIL) members.Sponsored and administered by: The Blue Cross and Blue Shield does federal blue cross blue shield cover viagra Association and participating Blue Cross and Blue Shield Plans.Visit your primary care physician 2020 Blue ...
Does Blue Cross Blue Shield cover the IUD?
My insurance does cover it fully ($400). I am opting for the copper IUD, which my Blue Cross insurance will cover. It depends on your plan. I have Blue Cross / Anthem and I was told that the cost of inserting the IUD is covered 100%, but Mirena itself isn't covered until I've met my $1000 deductible.

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.
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.
Do employers need to inform employees about the compensation?
The classified members of the Blue cross blue shield lawsuit are expected to receive a formal notice as an owner/employer. Once you get this notification, possibly, some other employees of your company may also get this notification. However, as an employer, you are not responsible legally to notify your workers about the settlement.
How will Employees receive their compensation?
Workers of an organization covered under the health plans will receive a settlement notification once the compensation would be finalized. Along with the notification via email or mail, there could be an option for a direct claim.
How much information should be shared with employees?
A common question may be raised: If an owner of the organization receives the compensation amount, how much it is necessary for the employer to notify his workers? Referring to FAQs # 35, detailed on the settlement website, NO.
How much settlement amount each plaintiff would get?
The important question boggling everyone’s mind – The amount each plaintiff would get depends on the number of plaintiffs filing the claim to join the suit as class action members. Although, for a comprehensive idea, the following are some of the calculations that are shared to refer:
Do you need to hire a firm or attorney for legal representation?
If you are influenced by many resolved cases of a law firm or an attorney, then you must be aware that these firms often charge the case with a no-upfront cost which means they deliver contingency-based service. Some firms also ask for the advance payments from the expected settlement amount for which they represent you.
Tips for filing a financial compensation claim
Once you have received a formal notification in your email, it must be a unique ID in your email that you should look for. While sometimes it is not always necessary to have a personalized ID but if it has it will definitely make claiming easier.
References of the Blue cross blue shield lawsuit
Blue Cross Blue Shield lawsuit formal settlement resources can be checked from the following links. The links include Frequently Asked Questions, Important reference documents, and a link for filing the claim.
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.
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 will FI payments be distributed?
Payments will be distributed on a proportional basis across all FI Authorized Claimants based on their estimated premiums.
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:
What is a self funded health plan?
A Self-Funded Health Benefit Plan is any Commercial Health Benefit Product other than Commercial Health Insurance, including administrative services only (“ASO”) contracts or accounts, administrative services contracts, or accounts (“ASC”), and jointly administered administrative services contracts or accounts . For associational entities (e.g., trade associations, unions, etc.), the Self-Funded Account includes any member entity which was covered by, enrolled in, or included in the associational entity’s Blue Branded Commercial Health Benefit Product. A Self-Funded Account that purchased a Blue-Branded Self-Funded Health Benefit Plan and Blue-Branded stop-loss coverage remains a Self-Funded Account.
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.
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 ...
What is the purpose of a claims administrator?
The Claims Administrator is required to keep this information confidential and use it only for the purposes of effectuating a notice plan, administering and calculating claims, distributing Settlement funds, and otherwise carrying out the work necessary to administer the Settlement.
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.
How much is the BCBS settlement?
The settlement amount is $2.67 billion. This is a significant settlement and has garnered the attention of many employers, individuals and attorneys.
Does Saginaw Bay Underwriters have a settlement letter?
Saginaw Bay Underwriters has drafted a sample letter for clients to share with their employees about the settlement. Please reach out to your risk advisor if you have questions or if you did not receive a copy of the sample letter for employees.

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 ...
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…