Blue Cross Blue Shield Settlement Payout Date: When Will You Get Paid?

If you’re waiting for your Blue Cross Blue Shield settlement payout, there’s good news. The long appeal process is finally over, and according to official updates, all appeals have been resolved. This means the payout process is moving forward. If you’ve submitted a valid claim, make sure your details are up to date with the settlement administrator to avoid delays.

Class members who submit accurate claim forms will receive claim determination notices on a rolling basis. The payouts are expected to be distributed in early 2025. You can check your claim status by following the steps mentioned below.

What Is the Blue Cross Blue Shield Settlement About?

The BCBS settlement is related to an antitrust lawsuit. The company was accused of making agreements that limited competition among themselves. While BCBS didn’t admit to any wrongdoing, they agreed to settle the case by paying $2.67 billion to class members.

This lawsuit was filed by individuals and businesses that bought or received BCBS health insurance between February 7, 2008, and October 16, 2020. Those who submitted claim forms before the deadline on November 5, 2021, are eligible for a payout. However, the distribution was delayed due to lengthy appeals.

The court approved the settlement on August 9, 2022. The Eleventh Circuit Court of Appeals upheld the settlement on October 25, 2023, and rejected an appeal on January 26, 2024. The Supreme Court of the United States later dismissed the final appeal, allowing the payout process to proceed.

How Much Will You Receive from the BCBS Settlement?

The total settlement amount is $2.67 billion. However, after deducting attorneys’ fees, administrative costs, and other expenses, around $1.9 billion will be distributed among eligible claimants.

The funds will be divided into two categories:

CategorySettlement Amount
Individuals, Insured Groups, and Employees$1.78 billion
Self-Funded Accounts and Employees$120 million

Your payout will depend on factors such as your insurance policy type, coverage period, and claim validity. Keep in mind that if your portion is $5 or less, no payment will be issued. You can receive the payout through direct deposit or a mailed check. Those who opted for a physical check should expect a longer wait due to mailing times.

Who Is Eligible for the BCBS Settlement Payout?

To qualify for a payout, you must meet the following criteria:

  • You purchased or received insurance from BCBS companies during the class period.
  • You were covered by a BCBS insurance or administrative services plan between February 7, 2008, and October 16, 2020.
  • For self-funded accounts, the eligibility period is from September 1, 2015, to October 16, 2020.
  • You submitted a valid claim form before the deadline on November 5, 2021.
  • You did not opt out of the settlement class.

For more information about class action settlements, you might also want to read about the Verizon Class Action Settlement and its eligibility requirements.

How to Check Your BCBS Settlement Claim Status

You can track your claim status online in just a few steps:

  1. Visit the official settlement website: BCBS Settlement Website.
  2. Look for the option that says “I WOULD LIKE TO” in the menu.
  3. Click on “Check MY Claim Status”.
  4. Enter your Unique ID and Claim Number.
  5. Click Submit to view your claim status.

What to Do If You Haven’t Received Your Payout?

If your payout hasn’t arrived, there could be several reasons for the delay. Some common issues include:

  • Incorrect or outdated mailing address, phone number, or email
  • Missing supporting documents
  • Bank processing delays
  • Longer mailing times for physical checks

To update your details or resolve issues, contact the settlement administrator through one of the following methods:

  • Phone: (888) 681-1142
  • Email: info@BCBSsettlement.com
  • Mail:
    Blue Cross Blue Shield Settlement
    c/o JND Legal Administration
    PO Box 91390
    Seattle, WA 98111

If you’re also part of the Credit One Bank Settlement 2025, make sure to check its payout details as well.

FAQs on Blue Cross Blue Shield Settlement

1. When will BCBS settlement payouts be sent?

Payouts are expected to be distributed in early 2025. You’ll receive a claim determination notice before that.

2. How can I check if my claim is valid?

You can check your claim status on the official BCBS settlement website by entering your Unique ID and Claim Number.

3. What if my payment method is incorrect?

If your direct deposit or mailing details are incorrect, update them with the settlement administrator as soon as possible.

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