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News Release
1/8/2013
Posted by Doug Heller
Santa Monica, CA – Anthem Blue Cross plans to go ahead with a 10.6% average annual health insurance rate hike on small business owners, despite the fact that an examination by California Insurance Commissioner Dave Jones found the rate increase to be unreasonable and unsupportable, the Insurance Commissioner announced today. An initiative...
News Release
12/5/2012
Posted by Carmen Balber
Washington, DC – The nonprofit Commonwealth Fund reported today that insurance companies had boosted profits instead of passing on savings to consumers under provisions of the health reform law that require at least 80% of consumer premiums go to medical care instead of overhead. The report recommends rate regulation and additional measures...
News Story
9/14/2012
Posted by Mark Reback
Consumer advocates are questioning the fairness of requiring Americans to buy health coverage under the Affordable Care Act if the government can't control the rates insurance companies charge. To keep prices in check, the health reform law instituted a procedure known as rate review, by which state insurance departments evaluate carriers...
Blog Post
1/13/2012
Posted by Carmen Balber
Federal health insurance regulators announced yesterday that the health insurance company Trustmark is trying to impose unreasonable rate hikes - that will mean multiple premium increases this year adding up to over 27% for some patients - on nearly 10,000 thousand people in 5 states. The federal health reform law requires review of premium...
News Story
1/13/2012
Posted by Mark Reback
WASHINGTON – The U. S. Department of Health and Human Services announced Thursday that an independent review of proposed health insurance rate increases by Trustmark Life Insurance Company affecting members in five states are “unreasonable.” According to HHS, the rate increases proposed would affect nearly 10,000 members...
Blog Post
12/20/2011
Posted by Carmen Balber
Health reform advocates are still sorting out the implications of the shocker of an announcement that came out of the Dept. of Health and Human Services this Friday. In a move that could be a blessing for some consumers and a curse for others, HHS punted to the states the most anxiously-anticipated rule in the federal health reform law: the...
News Story
12/15/2011
Posted by Mark Reback
WASHINGTON, D.C. -- As many as 2 million Floridians could see lower health insurance premiums or get rebates next year now that the Obama administration has denied Florida's request to waive new cost-cutting rules for the state's insurance providers. Under last year's health care reform law, insurers must spend at least 80 cents of...
News Release
12/15/2011
Posted by Carmen Balber
Washington, D.C. -- Consumer Watchdog today applauded the Obama Administration’s decision to reject a bid by politicians in the state of Florida to evade a key consumer protection rule in the health reform law that requires insurance companies to reduce bloated bureaucracies and excessive profits to spend more on actual health care....
News Story
11/22/2011
Posted by Mark Reback
FRANKLIN COUNTY, Tuesday, Nov. 22 - The U.S. Department of Health and Human Services said that Everence Insurance of Pennsylvania is charging small businesses unreasonably high premium increases according to the first federal rate review under the Affordable Care Act. "We hope that by publicizing the excessive premium hikes, we will...
News Release
11/21/2011
Posted by Carmen Balber
Washington, DC – The Department of Health and Human Services deemed a health insurance rate hike unreasonable under the federal health reform law for the first time today, and called on a Pennsylvania health insurer, Everence, to reverse the 12% increase and refund excess premiums to policyholders.     However, neither federal...