Newsroom | News Releases

  • Share to Linked in
  • Share to Facebook

Blue Cross and Blue Shield Companies Reach an Agreement in Subscriber Multi-District Litigation

ALBUQUERQUE, New Mexico — The Blue Cross Blue Shield Association and Blue Cross and Blue Shield companies have 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, Blue Cross and Blue Shield of New Mexico 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. 

###

About Blue Cross and Blue Shield of New Mexico
Blue Cross and Blue Shield of New Mexico is one of the largest commercial health insurers in New Mexico with more than 630,000 New Mexicans carrying a Blue Cross and Blue Shield card. Since 1940, BCBSNM has been committed to promoting the health and wellness of its members and communities through accessible, cost-effective, quality health care. BCBSNM is a Division of Health Care Service Corporation, the country’s largest customer-owned health insurer. Health Care Service Corporation is a Mutual Legal Reserve Company and an Independent Licensee of the Blue Cross and Blue Shield Association.

Media Contact

Laurie Volkin
Laurie_Volkin@bcbsnm.com
505.414.5928



A Division of Health Care Service Corporation, a Mutual Legal Reserve Company, an Independent Licensee of the Blue Cross and Blue Shield Association

© Copyright Health Care Service Corporation. All Rights Reserved.