Blue Cross Blue Shield of Michigan under the Hospital Costs Settlement now agrees to pay $30 million to settle a class action lawsuit that alleged them on various clauses. The clauses say that they violated some of the contracts in terms of anti-laws and rising prices for medical care at certain hospitals in Michigan.
\nIf you have paid for the medical services at the Michigan Hospital between Jan\u20191, 2006 and June 3, 2014, you will be entitled to the settlement charges.
\nIn October 2010, the Department of Justice and the State of Michigan took legal action against this matter and had claimed that the insurer had the market power in 17 different markets in Michigan. In the same month, a class action lawsuit was also made over the anti-competitive provisions.
\nHowever, the Plaintiffs have alleged that the most favored provisions have inflated the overall prices at certain Michigan hospitals. However, Blue Cross denies any wrongdoing. But they have agreed to settle the class action lawsuit in order to avoid the overall inconvenience and litigation. Therefore, according to an estimate, the claims of Hospital Costs Settlement will recover more than 25% of the overcharges that are paid by them.
\nThe whole BCBSM settlement had its approval on April 17, 2018.
\nMoreover, class Members who would like to opt out from this settlement must do it no later than September\u201916, 2018.<\/p>\n
This settlement includes all the consumers who have purchased healthcare services between Jan\u20191, 2006 and June 3, 2014.
\nThe class members include- Individuals who have paid the Michigan care hospitals in the form of co-insurance, co-pay or deductibles; Ones who have paid them for their insureds, and self-insured entities who have received services from these hospitals.<\/p>\n
The class members who are eligible will get a minimum payment of $15 or more, depending on the number of their purchases.<\/p>\n
If you want the claim, you will have to provide the records of the amount paid for all the hospital visits.<\/p>\n
Click here<\/a> to file a claim.<\/p>\nSettlement Website<\/strong><\/h2>\n