(April 2021) – Josh Kerstein, Class Action Capital
There is currently a Blue Cross Blue Shield Subscriber Class Action Settlement in the amount of $2.67 billion. The plaintiffs allege the defendants (various Blue Cross Blue Shield entities across the USA and Puerto Rico) agreed not to compete with one another when selling health insurance and with the administration of commercial health benefit products, as well as agreeing to other means of limiting competition regarding the sale of health insurance and the administration of commercial health benefit products. The settling defendants deny all allegations of wrongdoing. The court has not decided who is right or wrong, but plaintiffs and settlement defendants agreed to a $2,670,000,000 settlement to avoid the risk and cost of further litigation.
There also is ongoing litigation for provider plaintiffs (this includes hospitals, physicians, surgery centers, chiropractors, and other health care providers) alleging BCBS reached an explicit agreement to divide the United States into "service areas" and then to allocate those geographic markets among themselves, free of competition. Further, the provider plaintiffs challenge the agreements reached by BCBS to fix prices for services rendered by health care providers through the Blue Card Program. While the provider litigation is still ongoing, there is potential for a future settlement that hospitals and other health care providers who contract with BCBS should be aware of, as this case may present a substantial recovery opportunity at a later date.
Class Action Capital specializes in the research, data collection and filing of complex class action settlement claims and has helped more than a thousand health care facilities with recovery efforts from other settlements. If your facility uses or used BCBS or one of their entities for your health insurance or the administration of your health plan, you may be eligible for a refund. While no one is required to work with any third-party service in order to file a claim, Class Action Capital operates on a contingency fee basis with no upfront cost or filing charges and may be able to assist with the filing of your claim.
If you would like to learn more about their services and this settlement, please contact Joshua Kerstein at josh@classactioncapital.com or by calling (914) 200-0066.