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You may have received a postcard in the mail regarding a BCBS Settlement. The reason this was sent is that there is a class action lawsuit alleging that Blue Cross Blue Shield Plans across the country violated antitrust laws by entering into an agreement where they agreed not to compete with each other in selling health insurance. Since the Local #542 Health Fund was administered by a Blue Cross Blue Shield health plan between February 2008 and October 2020, you may be a Class Member.
To be part of the potential $120 million settlement fund created for Self-Funded Accounts and their members you need to mail the postcard which much be postmarked by November 5, 2021 or apply online at: www.BCBSsettlement.com
Below is what the member needs to do to submit a claim for the BCBS Class Action Settlement. They need to be submitted no later than November 5, 2021: