CONTACT Carmen Balber
SANTA MONICA, CA – Health insurance giant WellPoint this week threatened “double-digit plus” rate hikes next year, but won’t get away with unjustified increases if voters approve a California ballot measure to increase health insurance rate transparency and accountability this November, said Consumer Watchdog Campaign....
Host: Warren Olney, WHICH WAY LA? KCRW 89.9 FM
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Under Obamacare, almost everybody has to have health insurance by next Monday or pay a penalty. For those who aren't covered by their employers or aren't poor enough to qualify for a federal subsidy, rates are 53% higher than they were last year. People who kept their old...
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 Carmen Balber & Jamie Court
Santa Monica, CA – Consumer Watchdog today applauded President Obama’s move to delay cancellations of health insurance plans for millions of Americans, one week after the nonprofit group called for a moratorium, but expressed concern that consumers will still face steep rate hikes in January. Consumer Watchdog called on the President...
CONTACT Carmen Balber
Santa Monica, CA – The Field Poll released a survey today finding that 50% of California voters have difficulty affording health care, and 73% say insurance costs are the most difficult to afford. California voters will soon have the chance to make health insurance more affordable by requiring insurance companies to publicly justify and get...
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 Lee Fang, THE NATION
As part of what advocates call the “next step” of the Affordable Care Act, California voters will consider an initiative next year that will empower regulators and consumer advocates to challenge health insurance premium rate hikes.
Though healthcare reform, better known these days as Obamacare, gives the government the ability to...
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.