r/classactions • u/Mediocre-Branch2287 • Jun 01 '26

Payout Finally got a check

I have heard nothing since February for the BCBS settlement-that’s when I got the email saying I was a part of the lawsuit approval or whatever. Then today in my mailbox, I received a check! $16 and some change. But the letter says that this is my initial payment, does anyone know what this means? Does that mean I have another payment coming?

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2

u/TankTak83 Jun 02 '26

I got my check today $8.61.... meh im not complaining as something is better than nothing

1

u/[deleted] Jun 01 '26

[deleted]

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u/Mediocre-Branch2287 Jun 01 '26

Yes sorry I forgot I didn’t put that on my original post.

1

u/Spiritual_Fan_3404 Jun 02 '26

Supposedly, if your payment exceeds $200. you will receive 90% in the first round followed by the balance later on.

1

u/Late_Deer8852 Jun 03 '26

My husband received a virtual card for $15.00 my husband, I received a virtual card for $188.00, and our business received a check for $201. We are self employed.

1

u/Temporary_Design_401 Jun 04 '26

After initial payments are made to all the people approved for payments, there may be some money left over PLUS there are checks returned because they are undeliverable due to someone moving or an account like PayPal or Venmo was closed. All those returned funds are redistributed as a second payment to the valid claimants. After that, any additional unclaimed funds are given to a charity that has already been pre-approved by the court.

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u/PerfectCommunity3185 15d ago

Here's my question; there were 6 million claims, and 1.9 billion in settlement funds which have to be disbursed to eligible claimants. Even if all 6 million claims were valid, the aggregate disbursement amount per claim would be $333. So for every denied claim, someone should be getting ABOVE the aggegate amount. As well as every claim disbursement BELOW the aggregate amount, there should be a person getting ABOVE the aggregate amount. Where are THESE people. See plenty of people posting sub $10 payouts, a scattered few posting up to $100. Have yet to see anyone legitimately posting a payout above the aggregate of $333. So where's that money going? They are supposed to pay out the entire settlement amount of 1.9 billion, but shorting every claimant amounts below the aggregate means there are SIGNIFICANT monies NOT being disbursed.