What is the Blue Cross Blue Shield class action lawsuit about?
Asked by: Wilfrid DuBuque DVM | Last update: September 20, 2025Score: 4.4/5 (50 votes)
What is going on with Blue Cross Blue Shield settlement?
Blue Cross denied wrongdoing but agreed to the settlement in 2020 to resolve claims that it overcharged commercial and individual subscribers. U.S. District Judge R. David Proctor in Birmingham approved the settlement and fee award, and the U.S. Supreme Court finally pushed aside lingering objections in June.
Why is Blue Cross Blue Shield in a lawsuit?
The lawsuit alleged a range of antitrust violations by BCBS, including price fixing and allocating markets using exclusive service areas.
What settlements are going on right now?
- $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 years does the BCBS settlement cover?
The claims period covered by the settlement is from July 24, 2008 – October 4, 2024. Since the plaintiffs' estimates of the burden on providers showed that the financial impact was as much as 3.5x greater on health systems and facilities, 92% of the award fund has been earmarked for health systems and facilities.
Blue Cross Blue Shield settlement - legit or scam? Why you received notice? What's official website?
How much can I expect from 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.
How many people filed claims for the BCBS settlement?
As part of the settlement, the plans deny all allegations of wrongdoing. About six million people, including many in northwestern Pennsylvania, filed claims by the November 2021 deadline.
How do I check the status of my BCBS settlement?
If you have questions about the settlement, including whether you may be a member of the class and eligible for a payment, please use one of three resources to find out more: The settlement website is www.bcbssettlement.com. The toll-free settlement hotline is 1-888-681-1142.
Can you really get money from a class action lawsuit?
If your class action lawsuit is successful, you will receive a portion of the settlement or court award. Plaintiffs are paid by a lump-sum payment or a structured settlement. Smaller payouts are usually dispersed as a single payment.
How much will each person get from Equifax settlement?
"Settlement Benefit: Payment for Unreimbursed Out-of-Pocket Losses: If you spent money to deal with fraud or identity theft that was fairly traceable to the Data Breach, or to protect yourself from future harm, then you can submit a claim for reimbursement up to $20,000 (including your claim for Time Spent).
What happened in the Blue Cross Blue Shield scandal?
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.
How to check BCBS claim status?
Use our interactive tool to find your local Blue Cross and Blue Shield company's website and access your account. On their website, you'll be able to look up your health plan, review a claim and more. Enter the first three letters of the Identification Number from your member ID card.
Is the BCBS settlement legit?
Resolving a 12-year anti-trust lawsuit, Blue Cross Blue Shield (BCBS) has agreed to a settlement amount of $2.8 billion, the largest ever for a health care anti-trust case.
How long does it take to get paid in a class action lawsuit?
In some instances, it'll only take weeks or months to receive a payment. This is especially true if the case is settled and approved by a court before going to trial. If a case goes to trial, it can take weeks, months, or even years before participants receive a payment.
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 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 are the risks of joining a class action lawsuit?
Joining a class action lawsuit can reduce individual control over case decisions and may result in smaller compensation than an individual suit. Additionally, class actions are often lengthy, with potential restrictions on pursuing future individual claims for the same issue.
How much do lawyers take from a class action settlement?
The courts often determine how much lawyers will get in fees from a successful class action lawsuit. This figure is usually around 25% to 35% of the total settlement amount awarded to the class of plaintiffs. However, the fees can be higher if the case is unusually complex.
Does a class action lawsuit count as income?
Generally, settlement funds and damages received from a lawsuit are taxable income according to the IRS.
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.
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 does it take BCBS to pay a claim?
Around 99 percent of all claims BlueCross receives are processed within 30 days. It's important to note that these are not arbitrary decisions. We compare the service you requested or received against these criteria: the details of your health plan, which you can find in your “evidence of coverage”
What is going on with the Blue Cross Blue Shield lawsuit?
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.
How do I check the status of my BCBS NC claim?
A: You can check the status of a claim by logging on to My Member Services at bcbsnc.com. With My Member Services, you can access the following information regarding a submitted claim: Processing status. Date received.
How many people are involved in a class action lawsuit?
Some class sizes can reach millions. While there is no exact number needed for a class action lawsuit, it is difficult to form a class to receive certification with less than 20 members. A class with at least a few dozen members is preferred and will likely be certified and move forward.