According to the KXAN, this litigation has resulted in one of the largest antitrust settlements in the U.S. health care industry.

Nearly six years later, checks from a $2.67 billion settlement fund related to Blue Cross Blue Shield health insurance will be distributed to affected subscribers in 2026. In October 2020, Blue Cross ...

Blue Cross Blue Shield will distribute $2.67 billion to about 6 million subscribers following a 2013 antitrust lawsuit. The lawsuit alleged that BC/BS plans illegally agreed not to compete with each ...

12:18 p.m. June 30, 2025: An earlier version of this story incorrectly said Michael Johnson was a former vice president of Blue Shield of California. He was a former director. Last year, regulators ...

A few years ago, Blue Cross Blue Shield reached a $2.6 billion settlement with its subscribers after a lawsuit alleging that the company broke antitrust laws. Now, eligible customers who filed a claim ...

Add Yahoo as a preferred source to see more of our stories on Google. Blue Shield of California accrued a surplus of more than $4 billion over the decades as it benefited from its former tax-exempt ...