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Rate hikes

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 Release
2/17/2016
Posted by Carmen Balber
Santa Monica, CA -- Responding to multiple challenges to its excessive homeowners insurance rates brought by Consumer Watchdog over the last two years, Allstate has agreed to reduce its homeowners rates by 12.6% overall, effective February 1, 2016. Policyholders will save nearly $72.5 million as a result, with the average annual savings estimated...
News Release
11/16/2015
Posted by Carmen Balber
San Francisco, CA – State Farm’s request for a 6.9% increase in its homeowners insurance premiums goes to trial this morning in San Francisco. Consumer Watchdog, one of two organizations bringing the legal challenge before the California Department of Insurance, says the company’s rates are already too high, and should be reduced...
News Story
10/29/2015
Posted by Mark Reback
Anthem Blue Cross of California has agreed to pay $8.3 million to settle a pair of class action lawsuits challenging mid-year changes it made to customers’ deductibles in 2011, a consumer advocacy group announced Tuesday. The health insurer has also agreed not to make similar changes in the future, unless new laws or regulations specifically...
News Release
10/28/2015
Posted by Eddie B
Santa Monica, CA – Anthem’s announcement of increased third quarter profits is the latest in a string of hefty health insurer profit reports that illustrate why consumers need protections against unreasonable and unjustified rate hikes, Consumer Watchdog said today. The advocacy group announced that it has endorsed legislation by Sen....
News Release
10/15/2015
Posted by Carmen Balber
Santa Monica, CA – For the sixth time this year, California insurance regulators have found an Aetna rate hike to be unreasonable. Such health insurance price-gouging will continue until state regulators have the power to reject unjustified health insurance price spikes, Consumer Watchdog said today. California Department of Insurance...
News Story
8/1/2015
Posted by Mark Reback
Ventura County residents buying health insurance in the Covered California marketplace will have more choices but could pay slightly more in premiums while also facing, in some instances, rising out-of-pocket costs. Since Covered California started selling insurance in late 2013, only three insurance plans sold coverage through the marketplace in...
News Story
7/31/2015
Posted by Mark Reback
MENLO PARK -- Nearly 70 percent of California's previously uninsured adults have gained health insurance coverage under the Affordable Care Act -- and most of them say their health care needs are being met, according to the latest survey of the Kaiser Family Foundation.     But the survey released Thursday by the Menlo Park-based...
News Release
7/27/2015
Posted by Carmen Balber
Santa Monica, CA – Consumers should review new health insurance policies closely for “hidden premiums,” including narrow provider networks, high deductibles and climbing cost-sharing that can result in major unexpected medical bills, Consumer Watchdog said today. Health insurance rates released by Covered California today...
Video
7/27/2015
Posted by Mark Reback
Consumers should review new health insurance policies closely for “hidden premiums,” including narrow provider networks, high deductibles and climbing cost-sharing that can result in major unexpected medical bills, Consumer Watchdog said today. Health insurance rates released by Covered California today increased an average 4 percent...