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News Release
1/22/2014
CONTACT 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
11/21/2013
CONTACT Jamie Court & Carmen Balber
Santa Monica, CA – Leaders of California's health insurance marketplace today voted to block a reprieve on health insurance cancellations proposed by President Obama last week and to allow health insurance companies to hike rates on 50% of cancelled Californians. The move shows the need for regulation of health insurance prices in...
News Release
11/14/2013
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...
News Release
8/27/2013
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...
News Release
7/25/2013
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...
News Release
6/19/2013
CONTACT Harvey Rosenfield & Carmen Balber
Santa Monica, CA – Californians spent less per year on auto insurance in 2010 than they did in 1989, a rate reduction that no other state in the nation achieved according to a new Consumer Federation of America analysis of insurance industry data. California voters approved Proposition 103 in 1988 to regulate auto insurance rates and the...
News Release
5/23/2013
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...
News Release
4/4/2013
CONTACT Carmen Balber & Jamie Court
Santa Monica, CA – The former CEO of Wellpoint, Angela Braly, was paid $20 million after resigning under pressure last year, news that broke the day after the insurer’s California subsidiary, Anthem Blue Cross, was taken to task for raising rates unreasonably for thousands of California small businesses.   The development...
News Release
4/2/2013
CONTACT Doug Heller & Carmen Balber
Santa Monica, CA –Anthem Blue Cross is again imposing an unreasonable rate increase on its small business customers, and California Insurance Commissioner Dave Jones announced today that the company will not budge on this excessive rate hike. Working with an independent actuary, the nonprofit, nonpartisan Consumer Watchdog analyzed the data...
News Release
3/7/2013
CONTACT Carmen Balber
Washington, DC and Santa Monica, CA – Blue Shield of California will impose an unreasonable rate hike as high as 19.9% on 268,000 Californians because the state’s insurance commissioner does not have the power to reject unjustified health insurance premiums. Senator Dianne Feinstein and Representative Jan Schakowsky introduced...