Are you looking for blue cross blue shield settlement legit? Then, in that case, your search ends here. We are here with the latest updates of this company, and it’s legit. In recent times, there have been many complaints on this company, that it is just taking the money from people in the name of insurance and hiding their contact details. But, how far is this true?
This insurance company from the United States is well in the beginning. But from mid of 2020, it is trying to play with the people, as said by many reports. Also, they have increased high rates on most of the plans. As consumers approached the law, it has agreed to do a settlement in which it will be paying all the consumers the amount they paid to the company. So, now the point is to know whether this settlement is legit or not?
What is blue cross blue shield settlement?
Blue cross blue shield is an organization that has connectivity with some of the best hospitals in the United States, and it claims that it provides some health insurance for the ones who save money in the company. This company came into existence back in 2002 to give health insurance to all the people and make profits.
But, in recent times, customers are complaining that it is not giving or doing any insurance, and they were scared of the money they saved in the organization. When they complained about this to the court, its lawsuit suggested the company do a settlement for all its customers. As a result, it is making a payment of $2.7 billion for all the consumers who joined the organization between 2008 and 2020.
Let us see more details about the company before we see the blue cross blue shield settlement legit.
Specifications
- Website link: bcbssettlement com
- Contact number: 8886302583
- Contact address: 225 North Michigan Ave, Chicago, IL 60601
- Email address: Not found anywhere on the website.
- Category: It comes under the category of health care insurance provider.
Before we proceed further, it is essential to know whether you are eligible for this settlement or not correct! After that, we will see the blue cross blue shield settlement legit.
Who are eligible for this settlement?
After the lawsuit and the class members have filed against the blue cross-organization, the company has released criteria and told who is eligible for this settlement. Let us see the requirements now.
If you are a consumer of this company who has joined between February 2008 and October 2020, you can be happy. Congratulations! You are well eligible for this company’s settlement. When this settlement happens, you will get all your money back, whichever you invested in the company.
Along with your money, you will be getting insurance money also, back to your bank account. But, no one can that easily say how much money we will be getting. So, it may depend on a few factors like how many premiums you paid and your maturity years. The more they are, the more money you may get.
To claim this settlement, you need to visit their official website, where you can find a section, namely ‘claim for upcoming settlement’. Give all your details once you click on that tab. Now, if you are eligible, they will add you to their class members list.
Is blue cross blue shield settlement legit?
There are lots of doubts in the minds of people regarding the settlement. Moreover, they are thinking about how far this is legit. Because it is the first time, that organization has agreed to the settlement.
But one thing that may give us confidence is that it has been attending all the court hearings and agreed to all the conditions. Anything that has involved the national court can be legit, right! So, we may trust this.
Another point is that many class members have also received the eligibility letter via a postcard or email. It indicates the settlement is going to happen in reality.
Conclusion
If you ask in short about blue cross blue shield settlement legit, we can say that it is legal as it involves the national court itself. Also, there is a final hearing on 21st October 2021.
Are you still having any doubts, mention us in the comment section. Also, stay tuned for more updates on this.