The $2.67 billion Blue Cross Blue Shield antitrust settlement could mean money for you. Learn who’s eligible, how to claim your payout, and the final deadline.
Blue Cross Blue Shield $2.67 Billion Settlement Explained
Millions of Americans could be entitled to a cash payout following the historic $2.67 billion antitrust settlement reached with Blue Cross Blue Shield (BCBS). The lawsuit alleged that BCBS violated antitrust laws by limiting competition across its nationwide network. If you were insured under any BCBS health plan between 2008 and 2020, this massive class action settlement could mean money in your pocket.
Who Qualifies for the BCBS Settlement Payout?
You may be eligible for a portion of the Blue Cross Blue Shield settlement if you:
- Were enrolled in a Blue Cross Blue Shield individual or group health insurance policy
- Had coverage through an employer-provided BCBS plan
- Were covered at any time between February 7, 2008 and October 16, 2020
Both individuals and employers who purchased coverage may qualify. Even if you no longer have Blue Cross coverage, you could still be eligible if you had it during the covered time period.
How to Check Eligibility and File a Claim
Eligible individuals must have submitted a claim through the official settlement website: www.bcbssettlement.com. The claim deadline was November 5, 2021, but those who filed on time can still track their status and check the timeline for payment disbursement.
You can also contact the Settlement Administrator via the site for updates if you believe you qualified but haven’t received communication.
When Will Payouts Begin?
Settlement processing is ongoing, and payments are expected to begin mid-to-late 2025, pending final court approvals and resolution of appeals. Payout amounts vary based on how long you were enrolled and how many people filed valid claims.
What Makes This Settlement Historic
The Blue Cross Blue Shield $2.67 billion agreement is one of the largest health insurance antitrust settlements in U.S. history. It aims to promote more competition among providers and benefit current and future policyholders by preventing anti-competitive practices across state lines.
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