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Blue Cross Blue Shield payout starts soon in $2.67 billion healthcare settlement. Will you get a check?
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Blue Cross Blue Shield payout starts soon in $2.67 billion healthcare settlement. Will you get a check?

Fast Company · May 7, 2026, 12:38 PM

Blue Cross Blue Shield is set to begin issuing nearly $2 billion in payouts to claimants in a long-running class action lawsuit. The payments are expected to begin this month and could see individuals receiving checks worth hundreds of dollars. Here’s what you need to know about the settlement and its massive payout. What is the settlement about? The settlement payout is the culmination of a nearly 14-year legal battle between Blue Cross Blue Shield and its subscribers. Blue Cross Blue Shield (BCBS) operates a federation of health insurance companies under its umbrella. As of 2026, there are 33 such BCBS-affiliated health insurers. Back in 2012, individuals who subscribed to policies from various BCBS health insurers sued Blue Cross Blue Shield, alleging that the company engaged in anti-competitive practices that led to higher health insurance premiums. Specifically, subscribers alleged that Blue Cross Blue Shield got BCBS insurers to agree not to offer their services in overlapping jurisdictions, limiting competition. And since more competition usually lowers prices, that kept premiums higher than they otherwise would have been. Given the number of lawsuits alleging this and related claims, the individual litigation received class-action status in 2013. By 2020, Blue Cross Blue Shield agreed to settle the claims for $2.67 billion, rather than incur additional legal costs and a potentially more costly outcome if the case went to trial. It’s important to note, however, that no verdict was ever rendered against Blue Cross Blue Shield, and the company has denied any wrongdoing. After 2020, several objections were made to the settlement, but following further court proceedings, the settlement was upheld. Now, nearly 14 years after the first legal actions were taken, Blue Cross Blue Shield is finally sending out billions in payments to affected parties. Who is included in the BCBS settlement? Despite agreeing to a $2.67 billion settlement, Blue Cross Blue Shield will pay

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