Blue Cross Blue Shield to issue $2.67 billion settlement payments: See if you’re eligible
A massive $2.67 billion healthcare settlement is about to distribute payments to claimants. The legal dispute has been brewing since 2013, when a class-action lawsuit claimed that Blue Cross Blue Shield health insurance plans violated antitrust laws.
The case involved more than 30 Blue Cross Blue Shield-affiliated companies that were accused of dividing markets and stifling competition.
Who is eligible to be paid, and how much will they receive?
Here are the latest details.
Blue Cross Blue Shield settlement payments are set to begin
Blue Cross Blue Shield denied claims that it limited competition, and, as a result, caused health insurance premiums to rise. In fact, there was no verdict in the case; a settlement was finally reached after years of legal wrangling.
All appeals have been resolved, and the settlement is final.
The company says payments to valid claimants will begin in May 2026.
Who will be paid in the Blue Cross Blue Shield settlement?
If you were covered by a Blue Cross or Blue Shield health insurance policy between 2008 and 2020 — and filed a settlement claim prior to Nov. 5, 2021 — you may be eligible to receive a settlement payment.
The deadline to file a claim has passed.
How much are the settlement payments?
The $2.67 billion settlement fund, now estimated at $1.9 billion after attorneys’ fees and administrative costs, will be paid to some 6 million policyholders who filed claims. Payouts are expected to be about $333 per claim, according to USA Today. However, any claimant expected to receive $5 or less will not receive a payment.
Blue Cross Blue Shield says it is currently reviewing claims and sending emails and postcards to those who filed claims.
If you are contacted, follow the directions included in the notice. If you agree with the information provided, there is nothing further to do. If you wish to dispute premium amounts paid or any other details, you will be provided with a website link to upload supporting documentation.
You may also mail in the documentation for your dispute. You will be provided a claim number to reference in your correspondence.
If you have questions
If you are looking for more information on the Blue Cross Blue Shield settlement, you can call 888-681-1142 or email info@BCBSsettlement.com. The mailing address is: Blue Cross Blue Shield Settlement, c/o JND Legal Administration, PO Box 91390, Seattle, WA 98111.