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UnitedHealthcare

News Story
11/28/2015
Posted by Mark Reback
WASHINGTON — The latest turmoil in health insurance marketplaces created by the Affordable Care Act has emboldened advocates on both sides of the political spectrum, providing ammunition to conservatives who want to shrink the federal role and liberals who want to expand it. UnitedHealth Group rattled federal officials when it announced last...
News Story
7/24/2015
Posted by Mark Reback
Two new health insurers are poised to join California's market for Obamacare coverage — industry giant UnitedHealth and a New York start-up named Oscar. Many consumers may welcome the new choices starting next year and the prospect that increased competition helps hold down premiums. The lack of more health plans to choose from has been...
News Story
3/21/2014
Posted by Mark Reback
In a move that could set an industry precedent, UnitedHealthcare settled a national class-action lawsuit by agreeing to allow patients with HIV or AIDS to opt out of a requirement to obtain medications by mail order. Those patients now can obtain their medications from in-network retail pharmacies, which will help protect their privacy, according...
News Story
3/20/2014
Posted by Mark Reback
Law360, Los Angeles (March 20, 2014, 4:23 PM ET) -- United Healthcare Insurance Co. has agreed to settle a proposed class action brought by consumers who suffer from HIV/AIDS and say the company’s plan forced them to obtain medications through a mail-order pharmacy in a discriminatory move, according to documents filed in California federal...
News Release
3/20/2014
Posted by Jerry Flanagan
Santa Monica, CA - United Healthcare, the nation’s largest health insurer, will allow patients with HIV or AIDS to “opt-out” of a requirement that they obtain their medications by mail-order under a national class action settlement announced today by Consumer Watchdog and Whatley Kallas, LLP.   Due to the complex nature of...
News Story
2/3/2014
Posted by Mark Reback
Health insurance companies in California spent $13.8 million to defeat a state ballot initiative that would require them to get approval for rate hikes, according to the non-profit Consumer Watchdog Campaign. The ballot measure would require insurers to publicly justify rate increases under the penalty of perjury, ban excessive rate hikes, allow...
News Release
1/31/2014
Posted by Carmen Balber
Santa Monica, CA – Anthem Blue Cross and its parent company WellPoint have given $12.9 million to defeat a California ballot initiative that would require health insurance companies to get approval for rate hikes, like the increase of up to 25% Anthem proposes for over 306,000 Californians on April 1. If approved on this November’s...
News Story
1/31/2014
Posted by Mark Reback
Up to 306,000 Californians with older, individual Anthem health insurance policies — unchanged by Obamacare — are subject to the rate increases. Thousands of Anthem Blue Cross individual customers with older insurance policies untouched by Obamacare are getting some jarring news: Their premiums are going up as much as 25%. These...
News Story
1/29/2014
Posted by Mark Reback
In my 20 years as a practicing oncologist, I have seen way too many of my vulnerable patients fall victim to our current health care system, which has become quite deleterious and very mischievous. In 2011, there were close to 2.5 million medical-related bankruptcies in the United States. Shockingly, 75 percent of these involved patients who...
News Release
7/24/2013
Posted by Mark Reback
Washington DC -- Health insurance giant WellPoint today announced a 24% profit increase in the 2nd quarter of 2013, as compared to last year, and the company's stock hit an all-time high of $90 per share on Wednesday. WellPoint reported it earned $800.1 million, or $2.64 per share, in the three months that ended June 30th, which is up about 24...