Blue Cross Blue Shield Settlement Payout: The BCBSA, i.e., Blue Cross Blue Shield Association, is an American health insurance company that was accused of hatching a secret conspiracy to unnecessarily increase insurance premiums. Due to the conspiracy, people had to pay higher premiums. After a long legal battle, a settlement of 2.67 billion dollars has now been reached.
This settlement is for those consumers who had bought an insurance policy from ‘BCBSA’ for which they had to pay a higher premium. As this settlement has received final approval from the court, now its payment will be sent very soon. Payment will be received only by those consumers who had submitted their claim form on or before that date.
Blue Cross Blue Shield Subscribers Settlement Payout
A class action case was filed against BCBSA for allegedly increasing insurance premiums and restricting competition in 2012-13, after which it received a preliminary approval on 20 October 2020, in which the association agreed to a settlement of $2.67 billion. For this, the claim form was started in the beginning of 2021, which was available till 5 November 2021.
It got final approval from the court on 11 October 2021, after which there were many appeals, which were resolved in the years 2022 and 2023. The processes like claim verification, disbursement eligibility, payment calculation, etc., have been completed in 2024, and a claim determination notice is being sent in 2025 to explain why payout will not be received under settlement.
| Lawsuit Focus | Alleged overcharging and limiting insurance competition |
| Total Settlement Amount | $2.67 billion |
| Amount Reserved for Payouts | Approx. $1.9 billion |
| Eligibility Period | Insurance purchased between 2008 and 2020 |
| Eligible Parties | Fully insured and self-funded customers |
| Claim Form Submission | Required to have been submitted before the deadline |
| Payout Range | Between $300 and $1,000 per person |
| Payment Methods | Direct deposit, PayPal, Venmo, Zelle, Digital Wallet, Prepaid Card, Check |
| Number of Potential Recipients | Around 6 million |
| Claim Status Check | Available via bcbssettlement.com using Unique ID and Claim Number |
Who will get the payout?
The Blue Cross Blue Shield Subscribers Settlement is only going to benefit those who purchased insurance coverage from BCBSA between February 7, 2008, and October 16, 2020. There are two categories of those receiving the settlement payout: first, fully insured customers, and second, self-funded customers.
The first category includes those whose insurance premium was completely determined by the BCBSA, and the second category includes those whose insurance premium was completely determined by the BCBSA. Additionally, it is mandatory that you have submitted the claim form. It is mandatory that the insurance not come under Medicaid or Medicare.
Important Dates
The important dates for the Blue Cross Blue Shield Subscribers settlement are tabulated below. Go through the tabulated data to check the details about it.
| Lawsuit Filed | 2012–2013 |
| Settlement Proposed | October 30, 2020 |
| Preliminary Approval by Court | November 30, 2020 |
| Claim Filing Started | Early 2021 |
| Claim Filing Deadline | November 5, 2021 |
| Final Approval Hearing | October 20, 2021 |
| Objection/Appeal Resolution Period | 2022–2023 |
| Claims Review and Calculation | 2024 |
| Claim Determination Notices Sent | Early 2025 (Ongoing) |
| Payouts Expected to Begin | August 2025 |
How much will you get?
The total amount of the settlement is $2.67 billion, of which approximately $770 million is kept aside for lawyers and case processing. It has been decided that a settlement amounting to $1.9 billion will be used to pay the claims.
The claim amount is based on the insurance premium paid by each individual. If you paid higher premiums, you will get a higher amount, and if you have paid lower premiums, you are going to get a lower amount.
The payout under this settlement can be between $300 and $350 per person, although for some people it can go as high as $1,000. The payment is going to be received via direct deposit, digital payment options such as PayPal, Venmo, Zelle, Prepaid Digital Mastercard, and Digital Wallet, and paper check.
When will the payout begin?
No information has been made public by the settlement administration regarding when the payout will start. According to media sources, the payment release may happen in the first or second week of August 2025. The number of payments is approximately 6 million, so it is possible that it will take approximately 2 weeks for everyone to receive the payment.
If the payout is started in the second week of August 2025, then it is possible that all the claimants will get their settlement amount by 17th September 2025. One thing you should know is that the settlement amount will be received via the opted payment gateway only by those whose claim form has been accepted in the settlement administration.
How to check the claim form status?
To check whether your online claim form for the settlement is accepted or not, please follow the step-by-step instructions.
- Go to the official website of the Blue Cross Blue Shield Subscribers Settlement at bcbssettlement.com.
- In the header menu bar, you will see an option that says ‘CHECK MY CLAIM STATUS.’ Under the option I WOULD LIKE TO, tap on it.
- Lastly, you have to fill in Unique ID and Claim Number and then hit the Submit button.
After going through the step-by-step instructions above, you will successfully have checked whether your claim form is accepted by the settlement administration or not.
Blue Cross Blue Shield Subscribers Settlement: FAQs
My claim form was not accepted; what should I do now?
If your claim is rejected, check the rejection reason in the email. You can file a dispute by visiting https://bcbssettlement.com/ within the given time.
Can I fill the BCBS Subscriber Settlement claim form now?
No, the last date for the claim form was 5th November 2021. New claims are not being accepted now.
