In 2022, Blue Cross Blue Shield (BCBS) reached a $2.67 billion settlement following a class-action antitrust lawsuit alleging that BCBS entities engaged in practices that limited competition and inflated premiums. Although BCBS did not admit to any wrongdoing, the settlement aimed to compensate affected individuals and businesses.
Settlement Distribution Timeline
The Court granted final approval to the settlement on August 9, 2022. Subsequent appeals delayed the distribution process, with the U.S. Supreme Court denying the final appeal on June 24, 2024. Following the resolution of all appeals, the Claims Administrator began emailing claim determination notices on a rolling basis.
Eligibility and Expected Payouts
Individuals and entities that had a BCBS health insurance plan between February 7, 2008, and October 16, 2020, and filed a claim by the November 5, 2021, deadline are eligible for a portion of the settlement. The average payout is estimated to be approximately $333 per claimant, though individual amounts may vary based on specific factors.
Staying Informed
To remain updated on the status of your claim:
- Monitor Communications: Regularly check your email for claim determination notices from the Claims Administrator.
- Official Resources: Visit the official BCBS settlement website at www.bcbssettlement.com for the latest information.
- Contact Information: For inquiries, reach out to the Claims Administrator via email at [email protected] or call the toll-free hotline at 1-888-681-1142.
Caution Against Scams
Be vigilant of fraudulent communications. Official correspondence will come directly from the Claims Administrator and will not request sensitive personal information. Rely solely on information provided through official channels to avoid potential scams.
FAQs:
1. How can I check the status of my BCBS settlement claim?
You can check your claim status by visiting the official settlement website and using your unique claim ID to log in. For further assistance, contact the Claims Administrator via email or phone.
2. What should I do if I haven’t received any communication about my claim?
Ensure that your contact information is up-to-date and monitor your email’s spam or junk folders. If you still haven’t received any notices, reach out to the Claims Administrator for clarification.
3. Are there any actions required from me to receive the settlement payment?
If you’ve already filed a claim and received a determination notice, no further action is typically required. However, if you need to dispute any information, follow the instructions provided in the notice within the specified timeframe.
