Blue Cross Blue Shield will begin sending $2.6B worth of checks to subscribers. Who is eligible?
Blue Cross Blue Shield will begin sending $2.6B worth of checks to subscribers. Who is eligible?
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Settlement notices will be sent on a ‘rolling basis,’ the company claims. Here’s what to know about the lawsuit, and how to find out if you’re eligible for a payment:. The insurance company was hit with a class action lawsuit alleging it broke antitrust laws by limiting market competition. The lawsuit argued this drove up premiums and reduced options for consumers while creating fixed prices for healthcare services.
![[Claimants could recieve just over $300]](https://static.independent.co.uk/2025/01/29/14/29132940-8a3a473a-8e3c-4502-9298-0161db6759c6.jpg)
But the defendants — Blue Cross Blue Shield Association and Blue Cross and Blue Shield companies — deny all wrongdoing. A court hasn’t decided whether either party is right or wrong — instead, they settled. Now, the Blue Cross Blue Shield Association and the companies have established a $2.67 billion settlement fund that will be paid out to customers who filed a claim. The settlement agreement was finalized in October.
If you’re a subscriber and haven’t already filed a claim in the class action lawsuit, you’re out of luck. The deadline has already passed. If you are one of the six million people who filed a claim ahead of the November 2021 deadline, check your email. Claim determination notices are being sent on a “rolling basis,” according to the claim website. You could receive just over $300 after more than $600 million in attorneys’ fees are deducted from the total fund, USA Today reports.
