August 30, 2010 | Posted by Jamie Court
When Anthem Blue Cross announced its controversial premium increases in
California recently, the insurer claimed, "a carrier must be able to
receive actuarially sound rates." So it is remarkable that "progressive" San Francisco State Senator Mark
Leno, a single payer health care advocate, recently introduced eleventh
hour legislation codifying Anthem Blue Cross's "actuarially sound"
defense of premium increases in law.
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August 25, 2010 | Posted by Judy Dugan
At the shoe store, 40% off qualifies as at least pretty good. So why
does regulators' approval of new, lower rates by Blue Cross of
California not feel like victory? There are lots of reasons, but first is that the revised Blue Cross rate
hikes are still in double digits, averaging 14% and as high as 20%,
while average wages are still falling. And Blue Cross could announce
another rate hike whenever it pleases, just as many insurers continue to do.
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August 19, 2010 | Posted by Judy Dugan
Wouldn't it be great if we could all deduct our federal income and
investment taxes from next year's income? And if we could also deduct that
stress-reducing trip to a spa in Bora Bora? And if the government
would just take our word for it? Fantasy for us, but the health
insurance industry think that's what federal health reform ought to
allow, on a corporate scale.
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August 17, 2010 | Posted by Judy Dugan
The worst definitely didn't happen in Seattle. The National
Association of Insurance Commissioners deferred the
worst insurance industry demands for weakening the implementation of
health care reform. For a body so closely linked to...
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August 17, 2010 | Posted by Jamie Court
It took my wife an hour and half to make the two mile commute home Monday, after the secret service closed some of LA's busiest streets at rush hour to shuttle the president from his Beverly Hills hotel to a fundraiser for Congress...
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