(tn.gov/Peg Broadcasting News)
BlueCross BlueShield of Tennessee (BCBST) individual policy holders and customers who purchased healthcare coverage in 2018 through the Federally Facilitated Marketplace (FFM) will receive rebate checks from BCBST starting in May 2021.
The disbursement of payments comes after an April 2020 ruling by the U.S. Supreme Court that the U.S. Department of Health and Human Services (HHS) failed to make full Affordable Care Act risk corridor program payments to carriers like BCBST and others.
As a result, approximately 100,000 BCBST individual policyholders who had coverage in 2018 will receive an additional rebate averaging $250, though specific amounts will vary. Rebate payments will be mailed by May 30, 2021.
These payments are only for Tennesseans who purchased medical coverage in the individual market in 2018 either directly or through healthcare.gov and not for those consumers who receive their BCBST insurance coverage through other means such as their employer.