MADA INSURANCE & CLASS ACTION CAPITAL PARTNERSHIP PORTAL
MADA Insurance, a division of the Minnesota Automobile Dealers Association, 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 automobile dealerships across the country helping to recover meaningful refunds on their behalf from a number of recent class action settlements.
Many 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.
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.
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