Regence BlueShield and Regence Members Agree to Arbitrated Settlement Of Two Class Actions

Mar 20, 2001, 00:00 ET from Regence BlueShield

    SEATTLE, March 20 /PRNewswire/ -- Regence BlueShield and the attorneys
 representing Regence's members are pleased to announce that they have reached
 a settlement of two class action lawsuits.
     The settlement resolves claims arising out of Washington's "every category
 of provider" law.  The settlement will allow Regence BlueShield members who
 paid for visits to chiropractors, massage therapists, naturopaths,
 acupuncturists, and nutritionists between 1996 and March 2000 to claim a piece
 of a $30,400,000 settlement amount arrived at through arbitration.
     Today, the attorneys for the Class members and for Regence BlueShield
 filed papers asking for court approval of the settlement.  Under a process
 requested by the parties, Regence BlueShield members who received treatment
 from an alternative provider and paid for that treatment out-of-pocket during
 the specified timeframe can make a claim.  If approved by the courts, notices
 and claim forms would be sent out to all subscribers 60 days after approval.
 Subscribers would then have 120 days to send in their claims.
     After the claims process, unclaimed funds will be used by
 Regence BlueShield to reduce health insurance premiums on all its policies
 subject to the every category law over a five-year period.
     For more information on this lawsuit and to obtain claim forms, visit or websites.

SOURCE Regence BlueShield