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New Study Shows Too Many Insured Patients Are Not Covered, Rate Regulation Needed to Protect California Policyholders from Crushing Medical Debt
Posted by Jamie Court
Santa Monica, CA – A Kaiser Family Foundation/New York Times survey showing that one-in-five working-age Americans ran into serious financial difficulties trying to pay medical bills despite being insured is yet more evidence that California needs health insurance rate regulation, Consumer Watchdog said today. In the survey, 62% of those who...
Posted by Mark Reback
Consumer advocates condemn them as the worst form of health insurance: “mini-med” plans that limit payouts to as low as $2,000 a year, leaving often unsuspecting customers to fend for themselves if they develop a costly and serious disease. So drafters of the new health-care law made eliminating mini-meds a top priority. By 2014,...
Posted by Carmen Balber
At the end of the day Tuesday, HHS quietly announced that the administration will allow junk health insurance company Mega Life and Health, in Maine, to evade rules under the federal health reform law that require insurance companies to spend 80% of premiums on actual patient care, instead of profits and overhead. The limited-benefit insurance...