Is there a Blue Cross Blue Shield settlement 2020?

Blue Cross and Blue Shield companies reached an agreement on October 30, 2020 to settle a legal dispute challenging elements of Blue Cross Blue Shield Association licensing agreements. In the settlement, BCBS agreed to make operational changes as well as to provide payment to members of the class involved in the case.

What is going on with the Blue Cross Blue Shield settlement?

The proposed settlement resolves claims that Blue Cross Blue Shield companies conspired to limit competition, in turn boosting costs for policyholders. If that happens, a $2.67 billion settlement fund will be established. Some of that money will go to BCBS subscribers, much of it will go to attorneys.

What is BCBS settlement email?

[email protected]
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. The email address is info@BCBSsettlement. …

How do I check the status of my BCBS settlement?

The best way to get information about claims is to log in to your member account. You can do that using our website or the Blue Cross mobile app. Keep in mind that due to requirements for protected health information, not everyone on a plan may be able to see all claims.

How do you get a settlement check?

Receive Your Settlement Check After your attorney clears all your liens, legal fees, and applicable case costs, the firm will write you a check for the remaining amount of your settlement. Your attorney will send you the check and forward it to the address he or she has on file for you.

How long does a settlement payment take?

A: The entire lawsuit process can take years, but it usually takes up to six weeks to receive your payment after the lawsuit.

Are federal employees eligible for BCBS settlement?

No, you do not need your subscriber or group ID to file a claim, and you should not reach out to your BCBS plan for that information. If you do not have that information, leave it blank and your claim will still be processed.

What is the highest paid lawsuit?

A List of The Biggest class action settlements

• Tobacco settlements for $206 billion.
• BP Gulf of Mexico oil spill $20 billion.
• Volkswagen emissions scandal $14.7 billion.
• Enron securities fraud $7.2 billion.
• WorldCom accounting scandal $6.1 billion.
• Fen-Phen diet drugs $3.8 billion.
• American Indian Trust $3.4 billion.

What does it mean when a claim is finalized?

been processed
Your claim status will be one of the following: Finalized: Claim has been processed. Pending: Claim is in process. Claim details are not available while your claim is pending. Adjustment pending: A change to the original claim is being processed.

Can I track a settlement check?

Hiring a personal injury attorney helps you track your settlement check. Since your lawyer receives the check for dispersing funds for liens and the legal contingency fee, your attorney is the one responsible for monitoring the processing of your settlement check.