$2.67 Billion Blue Cross Blue Shield Settlement – Here’s How to File Your Claim

The massive $2.67 billion Blue Cross Blue Shield (BCBS) antitrust settlement is finally moving into its payment phase in 2025. If you or your business had BCBS health coverage between 2008 and 2020, you might be entitled to a payout.

Wondering what happens next, how much you’ll get, or if you missed out? We’ve got you covered in this plain-English breakdown of one of the biggest class action settlements in health insurance history.

Background

Let’s start with why this settlement exists. The BCBS antitrust lawsuit accused Blue Cross Blue Shield companies of colluding to divide territories and avoid competing with each other.

That practice allegedly led to higher premiums and fewer choices for consumers. Instead of dragging it out in court, BCBS agreed to settle for $2.67 billion in 2020.

Aside from financial payouts, the settlement forces BCBS to make structural changes to how they operate. It’s a win for consumers—and a wake-up call for the insurance industry.

Summary

Here’s a quick snapshot of the key facts:

Aspect	Details
Settlement Amount	$2.67 Billion
Eligibility Period	Feb 7, 2008 – Oct 16, 2020
Claim Deadline	November 5, 2021 (Closed)
Eligible Parties	Individuals and businesses with BCBS insurance or services
Current Status	Payments processing in 2025
Average Payout	Around $333 (varies widely)
Official Website	www.bcbssettlement.com

If you filed your claim before the deadline, check your inbox—payout notices are going out!

Importance

Why does this matter? Millions of people may have paid higher premiums because of reduced competition among BCBS providers. This settlement gives some financial relief and sets a precedent for holding large health insurers accountable.

Even though $300-ish won’t change your life, it’s a symbolic win for fairness in healthcare pricing. Plus, for big companies, the payouts can be much more substantial.

Eligibility

If you or your company had a BCBS plan (either fully insured or self-funded) during the eligible window—February 7, 2008 to October 16, 2020—you’re likely included. Both current and former members qualify, as long as they submitted a claim by the deadline.

Types

Plan Type	Description
Fully Insured	BCBS collects premiums and pays claims. Most common.
Self-Funded (ASO)	Employer pays claims, BCBS manages services. Common for large companies.

Whether you were on an individual plan or handled coverage for a workforce, you could qualify.

Payouts

So how much will you actually get?

The average payout is estimated at $333, but this varies based on a few big factors:

• Length of coverage: The longer you were covered, the more you get.
• Plan type: Group plans and employer-sponsored plans usually involve bigger payments.
• Premiums paid: Higher contributions mean a larger share of the settlement.
• Number of claims: The more valid claims submitted, the smaller each slice of the pie.

Example

Coverage Example	Estimated Payout
1-year individual plan	$50–$100
5 years group plan (employee)	$300–$600
10 years group plan (employer)	$5,000–$20,000+

That’s a pretty wide range, and it’s all based on what you paid in and for how long.

Claim Process

Although the claim deadline passed in 2021, here’s what’s happening now if you did submit a valid claim:

1. Watch for Emails: Claim determination notices are going out now (as of April 2025).
2. Check the Details: You’ll see your coverage period, payout estimate, and more.
3. Confirm Payment Method: Choose between direct deposit, PayPal, or paper check.
4. Wait for Payment: Payments are rolling out gradually, so be patient and keep your contact info up to date.

Deadline

If you didn’t file by November 5, 2021, unfortunately, you’re out of luck for this one. But it’s a good reminder to stay alert for future class actions. Sign up for email alerts through platforms like Top Class Actions so you don’t miss the next big one.

This BCBS case isn’t just about refunds—it’s about leveling the playing field in health insurance. Whether you’re getting a few bucks or a big check, it’s a reminder that accountability matters.

FAQs