Deadline nears for deciding whether to partake in $2.8 billion Blue Cross Blue Shield settlement

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Deadline nears for deciding whether to partake in $2.8 billion Blue Cross Blue Shield settlement

In less than two weeks, healthcare providers face a deadline to decide whether to stay in a record-setting settlement stemming from a class-action lawsuit against Blue Cross Blue Shield (BCBS). The $2.8 billion settlement, a portion of which is available to any provider that furnished items or services to a Blues plan member between July 2008 and October 2024, was touted as the largest ever for a healthcare antitrust case. Providers that intend …