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null Statement in response to agreement of class-action lawsuit
Statement in response to agreement of class-action lawsuit
For Immediate Release: 2020-10-30
Rochester, NY –
Today, the Blue Cross Blue Shield Association and Blue Cross and Blue Shield companies reached an agreement to settle a legal dispute challenging elements of licensing agreements. We reject claims plaintiffs made in the lawsuit. However, to reach a settlement, we have agreed to make some operational changes and provide payment to members of the class involved in the case. Settling now is the right action at the right time because it allows us to remain focused on the goal we have had for more than 90 years: improving access to quality healthcare for all Americans and the health of our local communities.
Regardless of today’s settlement, Excellus BlueCross BlueShield remains a strong organization and our exceptional services and capabilities will not change. We will continue to lead the industry with healthcare solutions designed to improve the health of our members.
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Excellus BlueCross BlueShield, an independent licensee of the Blue Cross Blue Shield Association, is a nonprofit health plan with 1.5 million upstate New York members. The company's mission is to help people live healthier and more secure lives through access to high-quality, affordable health care. Its products and services include cost-saving prescription drug discounts, wellness tracking tools and access to telemedicine. With more than 3,500 employees, the company is committed to attracting and retaining a diverse workforce to foster innovation and better serve its members. It also encourages employees to engage in their communities by providing paid volunteer time off as one of many benefits. To learn more, visit ExcellusBCBS.com.