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BlueCross BlueShield Settlement Moves Forward

Physicians and their practices might be eligible for part of a multibillion-dollar settlement involving Blue Cross Blue Shield (BCBS).

A US District Court in Alabama has given preliminary approval to a landmark BCBS antitrust settlement. The settlement calls for BCBS to pay $2.8 billion into a fund designated for settlement class members, including physicians, group practices, and health care facilities who meet certain criteria.

The decision moves the settlement toward the final fairness hearing scheduled for July 29.

Physicians and physician groups who want to make a claim and meet settlement criteria can file a claim by July 29. Additional information can be found here.

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