CONTACT Samuel Chu
Santa Monica, CA – California’s largest health insurance companies have hired a Democratic party “insider”, former executive director of the Democratic Party, Kathy Bowler, to try to stop Consumer Watchdog’s November ballot measure to limit excessive health insurance rate hikes, ahead of the March California...
CONTACT 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...
By Staff Writers, CALIFORNIA HEALTHLINE
A consumer advocacy group is criticizing premium rates in California's health insurance exchange for being too high, the Los Angeles Times reports (Terhune , Los Angeles Times, 6/12).
The exchange -- named Covered California -- primarily will serve individuals and small businesses.
Supporters hope the exchange will function...
By Chad Terhune, LOS ANGELES TIMES
President Obama singled out California last week for getting better-than-expected rates in its rollout of the health insurance overhaul for millions of consumers.
Yet some Obamacare supporters say those premiums are still too high, and they are continuing to push for a California ballot measure to regulate health insurance rates.
By Jim Sanders, SACRAMENTO BEE
California's newly created health exchange announced the bottom line on its insurance policies and rates Thursday, bringing sharper focus to family impacts of next year's health care overhaul.
Thirteen companies were selected to sell policies for the individual market through Covered California, a state-owned marketplace for comparing...
CONTACT Jamie Court
Santa Monica, CA -- Consumer Watchdog responded today to the news that the state’s three largest health insurance companies -- Blue Cross, Blue Shield and Kaiser -- would continue to dominate the health insurance market in the California health exchange with concerns that patients will continue to pay excessive premiums because of decreased...
By Lisa Aliferis, THE CALIFORNIA REPORT
California Insurance Commissioner Dave Jones has irritated the insurance industry and surprised public-policy analysts by hiring Consumer Watchdog, a vocal insurance industry critic, to assist in reviewing health insurance rate increases, the Los Angeles Times reports.
In a one-year contract worth up to $88,000, Consumer Watchdog will supplement...
By Michael Hiltzik, LOS ANGELES TIMES
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...
By Larry N. Gerston, SACRAMENTO BEE
"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.
By Chad Terhune, LOS ANGELES TIMES
The commissioner's enlistment of Consumer Watchdog to help review health rates raises eyebrows.
Callifornia Insurance Commissioner Dave Jones lashed out Tuesday at another double-digit rate hike for thousands of small businesses getting their health insurance from industry giant Anthem Blue Cross.
But this time Jones got some help from a...