12:18 p.m. June 30, 2025: An earlier version of this story incorrectly said Michael Johnson was a former vice president of Blue Shield of California. He was a former director. Last year, regulators ...

Blue Cross Blue Shield settled a $2.6 billion class action lawsuit alleging the company violated antitrust laws. Around six million customers who filed claims before the November 2021 deadline are ...

Blue Cross Blue Shield will soon begin paying out $2.67 billion to customers follow a years-long lawsuit alleging that the health insurance giant broke antitrust laws. The litigation began in 2013, ...

Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a decade, ...

Two-and-a-half years after Blue Cross Blue Shield reached a $2.67 billion settlement with its subscribers, funds finally are expected to be distributed to about six million people. Perhaps. An update ...

The goal of the restructuring is to cut back on bureaucracy to better serve Blue Shield’s members, said Kristina Leslie, the chair of the company’s board, in a statement. Blue Shield has been more ...