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Blue Cross Blue Shield Antitrust Settlement

Settlement Structure: Claims Made

Active: Open

Case Summary:

Blue Cross Blue Shield Association and settling individual Blue plans have come to a $2.67 billion agreement to settle class actions alleging that Blue Cross Blue Shield companies agreed not to compete with each other and to limit competition among themselves in sales and administration of health insurance. The complaints alleged that the companies violated antitrust laws by their behavior in the US and Puerto Rico.

Docket Number:

MDL 2406, N.D. Ala. Master File No. 2:13-cv-20000-RDP

Company: Blue Cross Blue Shield Association

Filing Deadline: November 5, 2021

Class Period: February 7, 2008 to October 16, 2020

Objection Deadline: July 28, 2021

Exclusion Deadline: July 28, 2021

Final Approval Hearing: October 20, 2021

Proof of Purchase:

If you accept the Default Option for distribution, you do not need to provide any additional data or evidence when submitting your claim. If you want to request an alternative contribution percentage instead, you must provide data or evidence to support the information you provide in table on page 7 of the Claim Form. See the Claim Form for more information.

Eligibility:

You may be eligible if you belong to one of the two classes below.

The Damages Class is all individuals, insured groups (and their employees), and self-funded accounts (and their employees) who bought, were covered by, or were enrolled in Blue-brand commercial health benefit products sold, underwritten, insured, administered, or issued by any of the settling individual Blue plan during the class periods. Dependents, beneficiaries, and non-employees are not part of the Damages Class. The class periods are February 7, 2008 through October 16, 2020 for individuals and insured groups and September 1, 2015 through October 16, 2020 for self-funded accounts.

The Injunctive Relief Class is all individuals, insured groups, and self-funded accounts who bought, were covered by, or were enrolled in Blue-brand commercial health benefit products sold, underwritten, insured, administered, or issued by any of the settling individual Blue plan during the class periods. Dependents, beneficiaries, and non-employees are included in the Injunctive Relief Class.

Typical Settlement Amount:

Damages Class members will receive monetary payments, which will include roughly $1.9 billion from the net settlement fund. See the Distribution Plan in the Notice at https://www.bcbssettlement.com/admin/services/connectedapps.cms.extensions/1.0.0.0/asset?id=bac08427-3ee3-4547-85c7-cd8fac480acd&languageId=1033&inline=true.

The settling defendants also agree to make changes in the way they do business, which will benefit Injunctive Class members as well.

Total Settlement Amount: $2.67 billion

Class Representative Proposed Incentive Fee:

Unknown

Law Firms:
Boies Schiller and Flexner LLP
Hausfeld LLP

Claim Form: Blue Cross Blue Shield Antitrust Settlement Claim Form

Case Name: In re: Blue Cross Blue Shield Antitrust Litigation

Settlement Website: Blue Cross Blue Shield Antitrust Settlement Website

Claims Administrator:
JND Legal Administration

Claims Administrator Contact Information:

Blue Cross Blue Shield Settlement
c/o JND Legal Administration
P.O. Box 91390
Seattle, WA 98111
888-681-1142
info@BCBSsettlement.com

Tags: Anticompetitive Actions, Antitrust, Health Insurance, Insurance