Blue Cross Blue Shield Set to Begin Paying Out $2.67 Billion Settlement Claims Next Month
Blue Cross Blue Shield is set to begin distributing payments from a $2.67 billion class action settlement next month, following the resolution of all appeals. The settlement, stemming from a lawsuit alleging antitrust violations, will distribute approximately $1.9 billion to claimants after legal and administrative fees. Eligibility depends on being covered by certain Blue Cross Blue Shield plans between 2008 and 2020 and filing a claim by November 2021.
Topics: antitrust class action insurance payouts settlement