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Rate hikes

Article
5/1/2014
Posted by Samuel Chu
My name is Jennifer Tracy, and I am the Executive Director of the San Diego Hunger Coalition (SDHC).  SDHC was founded in 2007 with the mission to reduce hunger and food insecurity in San Diego.  Between 2007 and 2011, the number of households relying on the help of CalFresh (formerly known as food stamps) to put food on their tables has...
News Release
1/22/2014
Posted by Carmen Balber
Santa Monica, CA – Blue Shield Life and Health is imposing an unreasonable rate increase on over 80,000 Californians with individual health insurance policies, an average of 9.8% that adds up to a 22.8% increase for the year. California Insurance Commissioner Dave Jones announced today that the company would not budge on its excessive rate...
News Release
7/25/2013
Posted by Mark Reback
Washington DC -- Health insurance giant WellPoint today announced a 24% profit increase in the 2nd quarter of 2013, as compared to last year, and the company's stock hit an all-time high of $90 per share on Wednesday. WellPoint reported it earned $800.1 million, or $2.64 per share, in the three months that ended June 30th, which is up about 24...
News Story
3/27/2013
Posted by Mark Reback
While most of us face uncertainty with the rollout of healthcare reform, some insurance companies in California have been feeling their oats lately. Here's how they're responding to Insurance Commissioner Dave Jones' warnings that their latest rate increases are unreasonable: Stuff it, Dave. That essentially was the response of Blue...
News Story
3/24/2013
Posted by Mark Reback
"There you go again." That famous phrase was uttered in a debate by presidential candidate Ronald Reagan in response to his perceptions of incumbent Jimmy Carter's mischaracterizations. More than 30 years later, it can just as easily be applied to the latest round of health insurance increases by California companies. Once again,...
News Release
2/1/2013
Posted by Daniel Palay
Santa Monica, CA – Another double-digit rate hike takes effect tomorrow for 730,000 Californians with Anthem Blue Cross health insurance. The increase of up to 26% is the third or fourth rate hike in just two years for many Anthem customers, who have seen prices explode and benefits shrink in the last few years, said Consumer Watchdog. An...
News Story
11/30/2012
Posted by Daniel Palay
California health insurers are proposing double-digit rate increases for hundreds of thousands of policyholders, drawing criticism that health insurers are padding their profits as the nation prepares to carry out the federal health care law. Anthem Blue Cross, the state's largest for-profit health insurer, wants to raise rates an...
Blog Post
4/23/2012
Posted by Consumer Watchdog Campaign
In just one week, ONE MILLION Californians will have their health care rates unceremoniously hiked by up to 20%.  For many of these Californians, this will represent the 2nd or 3rd hike in less than two years. With insurance companies turning record profits quarter in and quarter out, it's time to stand up and tell them that we are sick...