What happened in the Blue Cross Blue Shield scandal?

Asked by: Jace Pouros  |  Last update: October 12, 2025
Score: 5/5 (25 votes)

The lawsuit alleged that BCBS member companies violated antitrust laws by agreeing to allocate markets via exclusive service areas and fixing prices paid to health care providers through the organization's BlueCard Program.

What happened with the Blue Cross Blue Shield lawsuit?

After more than a decade of litigation, the national Blue Cross Blue Shield Association (BCBSA) agreed to a proposed class action settlement that would distribute $2.8 billion to impacted hospitals and providers and require substantial changes in the way the health insurers conduct business.

What happened to Blue Cross Blue Shield?

Antitrust settlement

In 2022, the group of 34 companies that make up the BCBS Association settled an antitrust investigation by allowing competition among member companies under non-Blue names while retaining regional exclusivity for regional licenses.

What is the expected payout for the BCBS settlement?

The Net Settlement Fund is estimated to be approximately $1.9 billion. This is after deducting attorneys' fees, administration expenses and other costs from the $2.67 billion Settlement Fund.

Did Blue Cross Blue Shield have a security breach?

Anthem Blue Cross Blue Shield announced that approximately 78.8 million former and current policyholders nationwide had personal information stolen in a cyberattack of the company's IT system.

What's behind the Blue Cross Blue Shield dispute with Piedmont Healthcare

21 related questions found

What is the most famous security breach?

The 18 biggest data breaches of the 21st century
  • 1. Yahoo. Date: August 2013. ...
  • Aadhaar [tie with Alibaba] Date: January 2018. ...
  • Alibaba [tie with Aadhaar] Date: November 2019. ...
  • LinkedIn. Date: June 2021. ...
  • Sina Weibo. Date: March 2020. ...
  • 6. Facebook. Date: April 2019. ...
  • Marriott International (Starwood) Date: September 2018. ...
  • 8. Yahoo.

What is a good settlement offer?

A reasonable settlement offer is one that includes medical expenses, lost wages, pain and suffering, and property damage. While it varies from case to case, an experienced personal injury lawyers can help you find a reasonable amount for your case.

How soon will I get my settlement check?

Injured victims usually have to wait 30 to 60 days to receive their settlement check. This is mostly due to factors like the defendant's insurance policy, the type of personal injury case, and more. The fastest way to receive your check is to have an attorney handle the process for you.

How long will the BCBS settlement be in review?

Settlement Status

The Court granted final approval to the Settlement on August 9, 2022. On January 26, 2024, the Eleventh Circuit Court of Appeals denied an appeal of their October 25, 2023 decision affirming approval of the Settlement Agreement.

Who is buying out Blue Cross Blue Shield?

Elevance Health's $2.5 billion acquisition of Blue Cross and Blue Shield of Louisiana (BCBSLA) is on pause yet again amid concerns about the impact on competition.

What is the difference between Blue Cross Blue Shield and Blue Cross?

Historically speaking Blue Cross and Blue Shield were two separate entities with the Cross side representing the facilities (hospitals), and the Shield side representing providers(MD,PT,OT,ST OBGYN etc) after the initial mergers in the early 30s-60s.

What settlements are going on right now?

Open Class Action Settlements
  • $150M Chevy Bolt battery defect class action settlement. Settlement. ...
  • $2.5M Professional Finance Co. data breach class action settlement. ...
  • $1.6M Nonstop Administration and Insurance Services data breach class action settlement. Settlement. ...
  • Subaru windshield defect class action settlement.

What does it mean when your settlement is in review?

Settlement Claim Review means the process by which SSA determines, among other things, whether a person is a Class Member, the person has not excluded himself or herself from the Class and this Settlement Agreement pursuant to the opt-out procedures provided by this Settlement Agreement, and whether and to what extent ...

What is the settlement between Blue Cross Blue Shield plans and their subscribers?

Blue Cross separately agreed in 2020 to pay $2.7 billion to resolve related antitrust claims from commercial and individual subscribers. The U.S. Supreme Court upheld that settlement in June.

Can my attorney cash my settlement check?

No, your lawyer will not cash your settlement check.

How is settlement money divided?

After the presiding judge reviews the settlement offer in a class-action lawsuit and determines that it is fair and adequate compensation, the settlement amount is divided. Depending on their participation in the class action lawsuit, the lead plaintiff receives their percentage first.

Can you track a settlement check?

Now that all legal fees, related costs, and debts are cleared, your settlement check is mailed to you for the remaining amount. It's advisable to ask your attorney if they can provide you with a tracking number so that you can track your settlement check online, as it moves through the mail system.

How much money should I ask for in a settlement?

Ask for more than what you think you'll get

There's no precise formula, but it's generally recommended that personal injury plaintiffs ask for about 75% to 100% more than what they hope to receive. In other words, if you think your lawsuit might be worth $10,000, ask for $17,500 to $20,000.

How much settlement should I get?

The rough 'rule of thumb' that we generally use to determine the value of the average settlement agreement payout (in respect of compensation for termination of employment) is two to three months' gross salary (in addition to your notice pay, holiday pay etc., as outlined above).

How to find out if someone got a settlement?

The best way to determine if someone received a settlement or not is to file a records request with the court via the clerk's office.

What is the mother of all breaches?

Data breaches have unfortunately become somewhat normal to hear about and we consistently see reports of new breaches across a range of industries and platforms. However, researchers are conclusively calling this the 'Mother of All Breaches' due to the sheer volume of data contained in the files.

Who is the girl in security breach?

She's a Fazbear Entertainment LLC employee featured in 'Five Nights at Freddy's: Security Breach'. As the franchise's first playable female protagonist, Vanessa, or Vanny, is a follower of the digital virus Glitchtrap, akin to William Afton.