Association News

Another Settlement Payout for MCAG Participants

HASC members have full access to the class action settlement recovery service provided by Managed Care Advisory Group, or MCAG. MCAG represents over 1,400 hospitals and has recovered more than $200 million on behalf of health care organizations from previous settlements.  

While MCAG is monitoring several class action settlements, the following is a significant opportunity and the claim filing deadline of Nov. 5 is approaching fast:

  • The BCBS Subscriber Settlement has a $2.67B fund for employers who used Blue Cross Blue Shield for their benefit plans. It reimburses a portion of premiums paid by eligible Fully Insured Groups back to 2008, or administrative fees paid by eligible Self-Funded Accounts back to 2015. 

MCAG charges a contingent fee of 20 percent of any recoveries obtained for your organization. They do not create class actions — they continually search for class actions that have already settled and have funds available for their clients — allowing you to focus on your business.

Signing up for MCAG’s Service is easy:

1.  Visit MCAG’s website for HASC members.

2.  Enter in your business information, and that’s it!

With questions, please contact HASC Member Relations & Association Services Director Darryl Sanford.