Settlement payments from a $2.67 billion class action lawsuit against Blue Cross Blue Shield are set to begin in May 2026, impacting millions of insured Americans. The lawsuit alleged that Blue Cross Blue Shield broke antitrust laws by limiting market competition.
Customers needed to file a claim by Nov. 5, 2021, to be eligible for a payment. Individuals and Insured Groups who were customers between Feb. 7, 2008 and Oct. 16, 2020 may qualify for compensation. Self-Funded Accounts who were customers between Sept. 1, 2015 and Oct. 16, 2020 may also be eligible.
Key facts:
- About six million claims were filed by the deadline.
- Payouts are expected to average around $333 per claim.
- Approximately $1.9 billion remains available for payout after deducting costs from the settlement fund.
The initial distribution of payments will begin in May 2026. The payments are meaningful for those who filed valid claims, but questions remain about the healthcare industry and how reduced competition can limit choices and elevate prices.
If the remaining funds were divided evenly, the average payout would be around $300 per claimant, though individual payments could vary. The exact amount each eligible claimant will receive is not confirmed as it depends on various factors.
