BCBS Settlement - Deadline 10/19/07

BCBS settling parties agree to pay out more than $131 million; October 19th is key deadline. Physicians who provided covered services to any patient enrolled in or covered by Blue Cross Blue Shield (BCBS) plans at any time between May 22, 1999, and May 31, 2007, may be entitled to a payout as part of a class action lawsuit settlement agreement.

The group of BCBS settling parties has agreed to distribute $131,209,507 (with accrued interest since June 30) among eligible physicians who file a claim form by Oct. 19. If you think you may be eligible and have not yet received a notice in the mail, visit http://www.hmosettlements.com to download the mailed notice, claim form and claim form instructions that were mailed to physicians on July 27. Be sure to submit a completed claim form by October 19. One form can be prepared for an entire practice. However, a list of every physician as well as the number of shares to which each physician is entitled should be attached.

If you have questions about the settlement you can contact the settlement administrator via the e-mail address listed at http://www.hmosettlements.com or by telephone at (877)893-2643. You may also obtain information regarding this and other settlements at http://www.ama-assn.org/go/settlements on the AMA Web site.

Article taken from AMA eVoice® August 16, 2007