Federal Court Approves BCBSA $2.67 Billion Settlement, Acknowledges Importance of ERISA Fiduciary Duties
On August 9, 2022, a federal court approved the proposed $2.67 billion settlement in a recent antitrust class action lawsuit filed against the Blue Cross Blue Shield Association (“BCBSA”). (See our previous client alert discussing the proposed settlement here.) The approval order means that employers who submitted valid claims are one significant step closer to […]