Blue Cross & Blue Shield $2.8 Billion Settlement – Important Updates & What to Do Next!

By Nicole | Staff Writer

Feb 04, 2025 @ 9:15 PM MST

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We finally have an update on the historic Blue Cross & Blue Shield Anti-Trust Settlement!

A calendar with scrabble tiles spelling the words health insurance surrounded by blue pills

There appears to be a light at the end of the tunnel for members of the Blue Cross & Blue Shield Settlement! This historic settlement is the largest of its kind to date and resolves a 12-year-long lawsuit claiming the insurance onlinepany violated anti-trust laws.

Affected class members include individuals, insured groups, and self-funded accounts from early 2008 through late 2020. While Blue Cross & Blue Shield has denied any wrongdoing, they have agreed to a settlement amount of a staggering 2.8 BILLION dollars. 🤯

If you were potentially a class member, you would have received a postcard in the mail and/or an e-mail with details of this settlement and how to opt in several years ago. It’s unclear exactly how many class members are included in this settlement, but estimates put it around the 6 million mark.

Don’t miss this important update…

A female dr wearing gloves checking a woman's face

If you previously submitted a claim back in 2021, be sure to check your inbox including your spam folder for an e-mail with the title: ‘Blue Cross Blue Shield Settlement – Claim Notice’. Within this e-mail, you will find a link to verify that the amount you paid in premiums or that your employer paid in administrative fees (ASO) is correct. You can also dispute what they have on record at this time and provide supporting documentation. You’ll also have the option to submit your e-mail to request an electronic debit card and be included in the first round of payments when distribution occurs.

Note that the amounts you see after clicking the link are not your payout from the settlement, as the final amount will be determined once all of the class members have verified or disputed these records. The deadline to dispute is 30 days from when the e-mail was sent. However, not everyone will receive this e-mail at the same time as they are being sent out on a rolling basis starting this past January, so you may need to look at any e-mails you received within the last month.

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About the writer:

Nicole has 7 years of blogging experience. While her primary background has been in the restaurant and hospitality industry, she is a self-taught couponer with over 10 years of hands-on experience and a desire to share her knowledge to help others save.