Ask Terry Questions Blue cross Blueshield settlement

Blue cross Blueshield settlement

By Terry Savage on May 06, 2021 | Insurance & Annuities

Good morning Terry,
My question is about Blue Cross Blue Shield settlement. Is it real? Scam Y/ N. Pros and cons for applying. I was sent a postcard with an ID code. My policy is thru my local union, currently has no knowledge of this litigation. I am currently retired.
I hope ,and goal is to enlighten other as well as me.
Thanks for your time

Terry Says

There is indeed a proposed, but not finalized, settlement of a huge national lawsuit against BlueCross/BlueShield.
And yes, you may have received a postcard asking you to register.
Here is the link to find out everything about the lawsuit and a possible payout:
https://www.bcbsil.com/newsroom/news-releases/2021/bsbs-settlement-update.html

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