Print Page   |   Sign In   |   Register
IAMU Informer
Blog Home All Blogs

Blue Cross Blue Shield Class Action Settlement

Posted By IAMU, Wednesday, April 28, 2021

Last October, the Blue Cross Blue Shield national system (including Wellmark of Iowa) reached a class action settlement in a lengthy antitrust lawsuit.  The net settlement fund is estimated to be approximately $1.9 billion and will be distributed to “Damages Class Members” who submit valid and timely claim forms.  Members of the Damages Class, which may include your organization and your employees have now begun to receive their official notifications from the settlement administrator by email and mail.  This will include notification of possible eligibility for a payment as a result of the settlement. 

We are unable to answer specific questions regarding the lawsuit, including who is eligible.  Certain documents indicate that “government accounts” are not eligible; however according to information on the website certain entities such as school districts and utilities may be eligible.  If you or your employees believe you may be a member of the damages class, resources are available through the company managing the class notice process – JND Legal Administration (www.BCBSsettlement.com or (888) 681-1142).

All of your employees that are covered under the Wellmark plan could receive information on this settlement either through USPS or email.  They are provided a link to file a claim as well as a unique ID number needed to file their claim if they wish to do so.  As stated in the information, they need to file their claim by November 5, 2021.  

You can advise employees to use the information shown above and in the settlement, to seek answers to their questions.  However if you would like to email your employees and need a consistent response for all employees, we have provided the sample wording below that you might want to use.

Dear (Employee Name)

If you have received an email or mailing regarding a Blue Cross Blue Shield Class Action Settlement, know that this is a legitimate lawsuit and if you received this email with a Unique ID # you do have a right to file a claim if you so choose.  The BCBS Settlement Website will provide you with more information and this link will take you direct to the FAQ:  https://www.bcbssettlement.com/faq    

Tags:  Blue Cross Blue Shield  Legal  Mark J. Becker  Wellmark 

PermalinkComments (0)
 
Membership Software Powered by YourMembership  ::  Legal