Class action lawsuit for blue cross blue shield

Anyone who was covered by certain Blue Cross Blue Shield health insurance from between February 2008 and October 2020 could be eligible to be part of a $2.7 billion settlement as part of a class-action lawsuit.The lawsuit claims that Blue Cross violated antitrust laws by reducing competition in their areas, allowing for higher rates on some plans.However, Blue Cross denies allegations of wrongdoing, claiming its actions resulted in lower health care costs and greater access to customers and has agreed to a settlement. Here’s what you should know:IS THE BLUE CROSS SETTLEMENT REAL?Yes, the Blue Cross Blue Shield Settlement is legit, and some involved may have even received postcards in the mail notifying them of the lawsuit.WHAT IS A CLASS-ACTION LAWSUIT?Within a class-action lawsuit, one or more people or businesses sue on behalf of others who may have similar claims, otherwise known as “class members.” The class members themselves do not have to file an individual lawsuit to participate, but can opt-out of the lawsuit if needed.HOW DO I KNOW IF I CAN CLAIM PART IN THE BLUE CROSS SETTLEMENT?Individuals, insured groups or self-funded accounts that purchased or were enrolled in a Blue Cross Blue Shield health insurance or administrative services plan between February 2008 and October 2020 could be included.However, the settlement class period is different among accounts.For individuals and insured groups, the settlement class period is between Feb. 7, 2008, through Oct. 16, 2020. For self-funded accounts, the settlement class period is between Self-Funded Accounts is from Sept. 1, 2015, through Oct. 16, 2020.It’s important to note that dependents, beneficiaries and nonemployees are not eligible for a payment.HOW MUCH MONEY WILL I GET FROM THE BLUE CROSS SETTLEMENT?It depends.Although Blue Cross does not give a specific number claimants could receive, it does say the amount would be based on Number of claims filedPremiums paid during class periodWhether the insurance was fully insured or self-funded HOW AND WHEN DO I FILE A CLAIM?Anyone looking to file a claim can do so through Blue Shield's Online Claim Form here, or send a copy of the claim form to:Blue Cross Blue Shield Settlementc/o JND Legal AdministrationPO Box 91390Seattle, WA 98111All claims, whether online or by mail, need to be filed by Nov. 5, 2021.WHAT HAPPENS IF I DO NOTHING?Anyone who does not file a claim won’t receive a payment and will be bound by the settlement. It also gives up the right to sue or continue to sue Blue Cross for the claims in the case.WHEN IS THE NEXT HEARING?The next hearing will be Oct. 20, 2021, and claimants will be able to speak to the court about the fairness of the settlement.

Anyone who was covered by certain Blue Cross Blue Shield health insurance from between February 2008 and October 2020 could be eligible to be part of a $2.7 billion settlement as part of a class-action lawsuit.

The lawsuit claims that Blue Cross violated antitrust laws by reducing competition in their areas, allowing for higher rates on some plans.

However, Blue Cross denies allegations of wrongdoing, claiming its actions resulted in lower health care costs and greater access to customers and has agreed to a settlement.

Here’s what you should know:

IS THE BLUE CROSS SETTLEMENT REAL?

Yes, the Blue Cross Blue Shield Settlement is legit, and some involved may have even received postcards in the mail notifying them of the lawsuit.

WHAT IS A CLASS-ACTION LAWSUIT?

Within a class-action lawsuit, one or more people or businesses sue on behalf of others who may have similar claims, otherwise known as “class members.” The class members themselves do not have to file an individual lawsuit to participate, but can opt-out of the lawsuit if needed.

HOW DO I KNOW IF I CAN CLAIM PART IN THE BLUE CROSS SETTLEMENT?

Individuals, insured groups or self-funded accounts that purchased or were enrolled in a Blue Cross Blue Shield health insurance or administrative services plan between February 2008 and October 2020 could be included.

However, the settlement class period is different among accounts.

For individuals and insured groups, the settlement class period is between Feb. 7, 2008, through Oct. 16, 2020. For self-funded accounts, the settlement class period is between Self-Funded Accounts is from Sept. 1, 2015, through Oct. 16, 2020.

It’s important to note that dependents, beneficiaries and nonemployees are not eligible for a payment.

HOW MUCH MONEY WILL I GET FROM THE BLUE CROSS SETTLEMENT?

It depends.

Although Blue Cross does not give a specific number claimants could receive, it does say the amount would be based on

• Number of claims filed
• Premiums paid during class period
• Whether the insurance was fully insured or self-funded

HOW AND WHEN DO I FILE A CLAIM?

Anyone looking to file a claim can do so through Blue Shield's Online Claim Form here, or send a copy of the claim form to:

Blue Cross Blue Shield Settlement

c/o JND Legal Administration

PO Box 91390

Seattle, WA 98111

All claims, whether online or by mail, need to be filed by Nov. 5, 2021.

WHAT HAPPENS IF I DO NOTHING?

Anyone who does not file a claim won’t receive a payment and will be bound by the settlement. It also gives up the right to sue or continue to sue Blue Cross for the claims in the case.

WHEN IS THE NEXT HEARING?

The next hearing will be Oct. 20, 2021, and claimants will be able to speak to the court about the fairness of the settlement.

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