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Holding Health Insurers Accountable

News Story
7/19/2016
Posted by Mark Reback
For the first time since launching three years ago, Covered California – the state’s health insurance marketplace– announced double-digit rate increases, averaging 13.2 percent for 2017. Tuesday’s announcement came as California consumers were encouraged to “shop around” for cheaper coverage under the federal...
News Story
7/19/2016
Posted by Mark Reback
Sacramento, CA -- Monthly premiums in California's health insurance exchange will increase by more than 13 percent on average next year, after two major insurers requested large rate increases, officials said Tuesday. The increases are significantly higher than the 4 percent hikes in each of the last two years. They come as many other states...
News Story
7/8/2016
Posted by Mark Reback
NEW YORK/WASHINGTON (Reuters) - Aetna Inc (AET.N) executives met with top Justice Department antitrust officials on Friday to convince the government that asset sales it proposed would address potential competitive problems that could threaten its deal to buy rival Humana Inc (HUM.N), according to a source familiar with the matter. Aetna's...
News Release
6/23/2016
Posted by Carmen Balber
Santa Monica, CA – The U.S. Department of Justice should heed today's recommendation by California Insurance Commissioner Dave Jones and reject the proposed $37 billion merger of health insurance giants Aetna and Humana, said Consumer Watchdog. Consumer Watchdog said approving the merger would mean higher costs, reduced benefits and...
News Release
6/22/2016
Posted by Jerry Flanagan
Santa Monica, CA -- Anthem, Inc.’s, affiliated health plans are expanding the ways in which their members can receive HIV/AIDS specialty medications and will no longer have a requirement that members obtain HIV/AIDS medications only by mail. Specifically, Anthem’s affiliated health plan members receiving HIV/AIDS specialty medications...
News Release
6/20/2016
Posted by Carmen Balber
Santa Monica, CA – The California Department of Managed Healthcare (DMHC) approved the merger of Aetna and Humana today, sanctioning unjustified rate increases and without requiring the insurer pass on any projected savings to consumers. Consumer Watchdog urged the U.S. Department of Justice, which has final merger approval authority, to...
News Story
6/20/2016
Posted by Mark Reback
Aetna and Humana are one step closer to merging after approval from the California Department of Managed Health Care (DMHC). The merger will affect about 1.5 million people currently enrolled in health plans through the two insurers. This is the third health insurance merger the department has approved. In March, the agency approved the proposed...
News Story
6/20/2016
Posted by Mark Reback
California's health plan regulator approved Aetna Inc.'s acquisition of Humana Inc. with conditions that boost scrutiny of proposed premium rate increases and require that the merged plan keep small group rate increases to a minimum. The Department of Managed Health Care negotiated commitments from Aetna to ensure the merged company would...
News Release
6/16/2016
Posted by Carmen Balber
Santa Monica, CA – The U.S. Department of Justice should adopt today's recommendation by California Insurance Commissioner Dave Jones and reject the proposed $50 billion merger of health insurance giants Anthem and Cigna, said Consumer Watchdog. Consumer Watchdog urged Commissioner Jones to reject the merger in testimony at a March...
News Story
6/16/2016
Posted by Mark Reback
California Insurance Commissioner Dave Jones urged federal officials to block the merger of health insurance giants Anthem Inc. and Cigna Corp., declaring the $54-billion deal anti-competitive and harmful to consumers. The state insurance department doesn’t have the authority to thwart the merger on its own, but Jones’ recommendation...