News & Media
BCBSA Settlement Update and Important Dates
Physicians who provided health care services to patients insured by Blue Cross Blue Shield (BCBS) plans may be eligible to submit a claim for a share of the $2.8 billion settlement reached in November 2024. This settlement, which is the largest antitrust settlement in the history of the U.S. health care sector, is the result of a class action lawsuit against BCBS initiated over ten years ago by physicians, hospitals, large health systems, and provider organizations. Plaintiffs alleged that BCBS violated the Sherman Antitrust Act of 1890 by colluding to limit competition and lower reimbursement.
Important Dates and Deadlines