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Health Insurance Regulation

Blog Post
8/21/2012
Posted by Carmen Balber
Senator Jon Tester announced his support for legislation to give state insurance commissioners the authority to say no when insurance companies propose excessive and unjustified premium increases. Tester endorsed a bill sponsored by Senator Dianne Feinstein of CA, (S 137), to require oversight and approval of health insurance premiums. 35 states...
News Story
7/31/2012
Posted by Mark Reback
(CBS News) LOS ANGELES - You've probably never seen a rebate check from your health insurance company. But, for the first time, many consumers and businesses will be getting checks over the next few weeks. There's a little known part of the health care reform law that requires insurance companies to spend 80 percent of their premiums on...
News Story
7/4/2012
Posted by Mark Reback
California Insurance Commissioner Dave Jones denied Blue Shield of California's plan to close several of its health policies to new customers, saying it violated state rules designed to protect consumers from large rate increases. Regulators routinely scrutinize efforts by health insurers to stop enrollment on some policies because the pool...
Blog Post
7/3/2012
Posted by Judy Dugan
One of the best consumer protections of the health reform law was a requirement that health insurance companies spend at least 80% to 85% of your premiums on actual health care, leaving 15% to 20% for overhead and those multimillion-dollar executive salaries. If companies don't meet this efficiency level, the they have to pay back some of...
News Release
7/3/2012
Posted by Jerry Flanagan
Commissioner Dave Jones Sides With Consumers, Echoes Concerns Raised by Consumer Watchdog in Lawsuit Over the So-Called “Death Spiral”   Santa Monica, CA – Consumer Watchdog praised Insurance Commissioner Dave Jones' announcement today opposing Blue Shield's plan to close 23 health insurance policies, and echoing...
News Story
6/29/2012
Posted by Mark Reback
Proponents of greater state regulation of premiums fail to gather enough signatures to put it before voters in the presidential election. They still hope to get it on the November 2014 ballot. A proposed voter initiative to require greater regulation of health insurance premiums in California has failed to qualify for the November ballot,...
News Release
6/28/2012
Posted by Jamie Court
Washington, DC & Santa Monica, CA – Today’s decision by the United States Supreme Court to uphold the Affordable Care Act and its mandate that individuals purchase health insurance makes rate regulation the next essential phase of health reform, said Consumer Watchdog today. Consumer Watchdog praised the court for requiring...
News Release
6/28/2012
Posted by Jamie Court
Santa Monica, CA – The ballot measure to require health insurance companies to get approval before raising their rates narrowly missed qualifying for November’s ballot by Thursday’s deadline, receiving 109% of the signatures necessary to qualify on a random sample verification rather than the required 110%. Elections officials...
News Story
6/28/2012
Posted by Mark Reback
An initiative that seeks to regulate health insurance rates will not qualify for the November ballot, but proponents say California voters will have a say on the measure in 2014. "We're disappointed, but we're also hopeful that the extra time will make the cause even greater," said Jamie Court, president of the initiative'...
News Story
6/27/2012
Posted by Mark Reback
There's still one potential November ballot measure pending - one that would subject health insurance rates to state regulation - and with only hours before the qualification deadline, its fate is up in the air. Santa Monica-based Consumer Watchdog, a veteran of several high-profile ballot measure battles, and sponsored the...