Blue Cross Blue Shield Settlement Updates

May 13, 2021

You and/or your employees may be receiving information about a Blue Cross Blue Shield Class Action Settlement soon. 

You may be eligible to submit a claim if you are an INDIVIDUAL, INSURED GROUP (and their employees) or a SELF-FUNDED ACCOUNT that purchased or was enrolled in a Blue Cross or Blue Shield from February 7, 2008 through October 16, 2020.  This includes groups (and their employees) purchasing coverage through an Association Plan that utilizes one of these insurance companies.  

The Net Settlement Fund is estimated to be approximately $1.9 billion after attorney fees, administration expenses and other costs are deducted from the total $2.67 billion Settlement Fund. 

We can not estimate how much you might be eligible to receive as it will be based on the number of claimants and several other factors.  If the total payment for any claimant is equal or less than $5.00, no payment will be made. 

To learn more, please visit the official Settlement Website:  http://bcbssettlement.com  

THE INSIDER LEGISLATIVE UPDATES BROADCAST
Click the play button below for a broadcast where Colleen Patterson, Director, Employer Services and Compliance, and Christine Guzzardo, J.D., Senior Employer Services Specialist, ERISA, discuss the latest updates on the Blue Cross Blue Shield Settlement. 

Below is also some additional contact information for your reference.  

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Susan L. Combs, founder and CEO of Combs & Company, is a visionary leader transforming the insurance industry with innovation, integrity, and a commitment to educating and empowering every client.

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