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HMO/PPO Abuse

News Story
8/12/2010
Posted by Consumer Watchdog
WASHINGTON, DC -- As Americans struggle with double-digit hikes in their health insurance bills, millions are coming up against a hard reality: The state regulators who are supposed to protect them can often do little to control what insurers are charging. In many states, it is the insurance industry that largely controls the regulatory process,...
News Release
8/12/2010
Posted by Consumer Watchdog
Insurers' Actions Mirror Credit Card Companies' Interest Rate Increases Ahead of New Consumer Rights   Washington, DC —Consumer Watchdog and the Center for Media and Democracy today asked the Obama administration to investigate how the major for-profit health insurance companies are reducing their proportion of spending on health care...
Blog Post
8/11/2010
Posted by Consumer Watchdog
There are days when the idea of private health insurance companies running health reform are more ludicrous than others. Today, we find that health insurance CEOs are raking in ever-higher compensation--up to $110 million a year for one retiring CEO. This is obviously where a lot of our ever-rising premium dollars are going. The lead on the LA...
News Story
8/11/2010
Posted by Consumer Watchdog
Within a few years, 6 million uninsured California residents will finally get medical coverage as part of the newly passed federal health care reforms. But what will they pay? And who will regulate premiums as insurers angle for customers? Right now, Sacramento has little control over health care rates, largely because industry lobbyists have...
News Story
8/9/2010
Posted by Consumer Watchdog
Click here to listen to the audio of this news segment. California — New rules designed to make it tougher for health insurers to cancel policies in California take effect next week. The regulations from the state's insurance commissioner support new federal laws. Insurers have argued they have the right to terminate a policy if a person...
News Story
8/7/2010
Posted by Consumer Watchdog
CHICAGO, IL -- Illinois regulators will ask lawmakers for the authority to approve or deny health insurance rate increases, saying residents need protection from skyrocketing costs that aren't justified. Currently there is nothing the state can do to stop rate increases, no matter how excessive, a situation that leaves thousands of residents...
News Story
8/3/2010
Posted by Consumer Watchdog
WASHINGTON-When Anthem Blue Cross tried to raise health insurance premiums in California by 39 percent this year, the move became a rallying point for proponents of health care reform legislation, and the landmark bill won final passage soon after. So what will the health care reform bill actually do about double-digit premium hikes? The answer to...
News Release
8/3/2010
Posted by Consumer Watchdog
$1 Million Grant Would Bolster Industry-favored Schwarzenegger Plan, Help Kill Actual Regulation of Insurance Companies Washington, DC -- Consumer Watchdog today asked Health and Human Services Secretary Kathleen Sebelius to reject Gov. Arnold Schwarzenegger’s request for a $1 million grant under the new health reform law. The grants are...
News Story
7/30/2010
Posted by Consumer Watchdog
As an Aug. 31 deadline nears, state lawmakers haggle over how difficult it should be for companies to significantly raise premiums. Insurance analysts say they expect Gov. Arnold Schwarzenegger and state lawmakers to move quickly — the Legislature is scheduled to adjourn Aug. 31, and all pending legislation that doesn't pass by then will...
News Release
7/30/2010
Posted by Consumer Watchdog
If Californians Have to Buy Health Insurance, Insurers Have to Be Regulated, Says Watchdog’s Letter to Gov. Santa Monica, CA -- Consumer Watchdog has called on Gov. Arnold Schwarzenegger to withdraw weak pseudo-reforms of the health insurance industry that would bar strong regulation of health insurers. Schwarzenegger sent his proposals this...