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Action on Medical Care

News Story
4/22/2010
Posted by Consumer Watchdog
(Click here to listen to the audio broadcast of this program.)  In March, President Obama signed health care reform into law. But skyrocketing insurance premiums are still a concern. For now, regulation of rates is left chiefly to the states. On Tuesday, Senate Democrats proposed a plan for the Federal government to step in when states...
Blog Post
4/20/2010
Posted by Consumer Watchdog
Wall Street was moderately pleased today that the first-quarter profits of United Healthcare, the biggest health care company in the U.S., jumped 21 percent in the first quarter. By definition, that means the rest of us shouldn't be, because every dollar spent on overhead--including profit--is a dollar less spent on making us healthier. That's the...
Blog Post
4/20/2010
Posted by Consumer Watchdog
Did you hear the one about the actuary and the federal regulator who walked into the bar? No? Neither has anyone else. Which is why attention to the health reform law is dropping off the cliff now that all the "death panel" jokes are forgotten. Yet what's happening now, as reams of specific rules and regulations are written to make the...
News Release
4/20/2010
Posted by Consumer Watchdog
Feinstein Bill Would Close 'Enormous Hole' In Health Reform But Must Be Amended to Cut Industry Influence, Said Consumer Watchdog Washington, D.C. -- A health reform fix-it bill by Senator Dianne Feinstein that was debated in a Senate committee this morning aims at closing what Feinstein called an "enormous loophole" in the new federal...
News Story
4/18/2010
Posted by Consumer Watchdog
The idea was simple enough: Make sure that health insurers spend the vast majority of their revenue on patient care, instead of using it for things such as advertising, profits and executive pay. To that end, the new health-care law says an insurer must give money back to consumers if it devotes less than 80 percent of premiums to paying medical...
News Release
4/15/2010
Posted by Consumer Watchdog
U.S. Senate Report Finds That Insurers Re-Label Overhead, Administrative Costs as “Medical Care” to Meet New Law’s Requirement to Cut Overhead Washington, D.C. -- In advance of rules being written by the Obama Administration, health insurers are new health reform law by simply re-labeling administrative costs as "medical...
News Story
4/13/2010
Posted by Consumer Watchdog
Consumer Watchdog has identified at least 10 problem areas “in the new federal law that, if not addressed, will be exploited by health insurers and drug companies looking to charge more for less health care.” From what I can tell, the list is pretty good, and makes me wonder why the organization wasn’t calling on Congress to fix...
News Story
4/12/2010
Posted by Consumer Watchdog
Local bankruptcy attorney Eron Epstein said he’s somewhat desensitized after handling thousands of cases, but those involving people who are facing crushing medical debt still are “heart-wrenching.” “It’s bad enough just to get sick,” he said. “The last thing I would want to be worrying about was money....
News Story
4/12/2010
Posted by Consumer Watchdog
Click here to listen to this segment. On Tuesday, Kathleen Sebelius, Secretary of the Department of Health and Human Services issued a fraud alert related to the passage of the health insurance reform bill. Since President Barack Obama signed off on the bill last month, scam artists have increasingly tried to capitalize on public confusion over...
News Story
4/12/2010
Posted by Consumer Watchdog
The new law doesn't prevent rate increases such as Anthem Blue Cross' double-digit hike last year. 'It is a very big loophole,' says Sen. Dianne Feinstein, who is pushing regulatory legislation. Washington, D.C. -- Public outrage over double-digit rate hikes for health insurance may have helped push President Obama's health overhaul across the...