APS AND CLASS ACTION CAPITAL PARTNERSHIP PORTAL
APS has partnered with Class Action Capital, a market leader in class action settlement claim management. Class Action Capital is already successfully working with a very large number of hospitals, healthcare facilities and state hospital associations across the country helping to recover meaningful refunds on their behalf from a number of recent class action settlements.
Many healthcare companies do not have the time, resources or relevant data available in order to file a settlement claim and Class Action Capital will work with you in order to submit a fully comprehensive claim recovery, while minimizing the use of your time, internal resources and the risk of mistake if you were to take on claims management on your own.
Blue Cross Blue Shield National Antitrust Settlement –
There is currently a Blue Cross Blue Shield Subscriber Class Action Settlement in the amount of $2.67 billion. The plaintiffs allege the Defendants (various Blue Cross Blue Shield entities across the USA and Puerto Rico) agreed not to compete with one another when selling health insurance and with the administration of commercial health benefit products as well as agreeing to other means of limiting competition regarding the sale of health insurance and the administration of commercial health benefit products. The settling defendants deny all allegations of wrongdoing and the court has not decided who is right or wrong, but plaintiffs and settlement defendants agreed to a $2,670,000,000 settlement to avoid the risk and cost of any further litigation.
Who are the defendants?
The defendants include all thirty-six Blue Cross and Blue Shield insurers in the United States and its territories.
Who is eligible to collect under the settlement?
All individual members (excluding dependents and beneficiaries), insured groups (including employees, but excluding non-employee matters), and self-funded accounts (including employees but excluding non-employee members) that purchased, were covered by, or were enrolled in a Blue-Branded Commercial Health Benefit Product sold, underwritten, insured, administered, or insured by any Settling Individual Blue Plan. from February 7, 2008 through October 2020, except for Self-Funded Accounts for whom the class period is September 1, 2015 through October 2020.
Healthcare Subscribers Class
Insured group: A health benefit plan, group account, or employer, including all individual members, sponsors, administrators, and fiduciaries thereof, that purchased, ascribe to, or is covered by commercial health insurance. The class period is February 7, 2008 through October 2020.
Self-Funded account: Any account, employer, health benefit plan, ERISA plan, non-ERISA plan, or group, including all sponsors, administrators, fiduciaries, and individual members thereof, that purchases, is covered by, participates in, or is enrolled in a Self-Funded Health Benefit Plan. The class period is September 1, 2015 through October 2020.
Individual member: A person covered by individual commercial health insurance.
The deadline to file a claim is November 5, 2021.
Healthcare Providers Class
There is also ongoing litigation for Provider Plaintiffs (which includes hospitals, physicians, surgery centers, chiropractors, and other healthcare providers) that allege the Blues reached explicit agreement to divide the United States into “Service Areas” and then to allocate those geographic markets among themselves, free of competition among themselves. Further, the Provider Plaintiffs challenge the agreements reached by the Blues to fix prices for services rendered by healthcare providers through the Blue Card Program. While the Provider Litigation is still ongoing, it is a potential future settlement that hospitals and other providers who contract with BCBS should be aware of as this case may present a substantial recovery opportunity at a later date.
Payment Card Interchange Fee Settlement –
On September 18, 2018 an agreement was reached on behalf of all merchants who accepted VISA and/or MasterCard branded credit or debit cards between January 1, 2004 through January 25, 2019. The settlement fund will be between $5.54 – $6.24 billion depending on the number of class members who exclude themselves from the settlement. On January 24, 2019, the court preliminarily approved the new settlement and in the coming months known class members are expected to be mailed notices about their legal rights, including their right to exclude themselves from participating in this settlement. Information about the settlement will also be published in a variety of media outlets. The tentative deadline for members to exclude themselves is July 23, 2019 with a fairness hearing tentatively scheduled for November 7, 2019.
While claim forms are not available yet and potential claimants do not need to sign up with a third-party service in order to participate in any monetary relief, the difficulty may be understanding what information will be provided by the defendants, how that applies to your organization, as well as what additional information can be provided to the court administrator to ensure a complete claim. No-cost assistance will be available from the court administrator and class counsel during the claim filing period. If the Court grants the settlement final approval and any appeals are resolved, the Court will approve a claim process and establish a claim deadline. Updates about the settlement can be found on the official court authorized settlement website at: https://www.paymentcardsettlement.com