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Health Insurance Regulation

News Story
3/7/2013
Posted by Mark Reback
Law360, Los Angeles -- A California judge on Wednesday tentatively trimmed two putative class actions accusing Blue Cross of California of using “bait and switch” strategies to unilaterally increase annual deductibles and premiums midyear, ruling in part that the Consumer Legal Remedies Act doesn't apply to buying health insurance...
News Story
3/6/2013
Posted by Mark Reback
Some Anthem Blue Cross policyholders are pressing a court fight over the company's midyear changes in annual deductibles and other limits on out-of-pocket medical costs. Dave Jacobson, a film production supervisor in Santa Monica, is one of the plaintiffs who filed suit against Anthem over the changes in 2011. Jacobson, who bought his Anthem...
Blog Post
2/28/2013
Posted by Jamie Court
A pro-consumer candidate to the Federal Trade Commission, who had the backing of the entire public interest community, really wanted the job. But this candidate didn’t want allies to go public for fear of alienating the White House. What happened?  Today POTUS hosed us and gave the keys to the FTC to corporate attorney Edith Ramirez....
News Story
2/20/2013
Posted by Mark Reback
OLDWICK, N.J. -- Businesses may increasingly turn to self-insurance, and their use of captives for medical stop-loss insurance may grow as a result of the U.S. health care reform law, some industry experts predict. Bill Boone, national alternative health care solutions leader at Marsh Inc., said reform removed the lifetime limit and annual per...
News Release
2/19/2013
Posted by Jerry Flanagan
Santa Monica, CA -- In response to consumer complaints and a class action lawsuit on behalf of HIV/AIDS patients in California, Anthem Blue Cross has agreed to suspend a program that would have barred patients from purchasing certain specialty medications at local pharmacies.  Under the program, patients would have been required to obtain...
News Story
2/19/2013
Posted by Mark Reback
STERLING, VA – Perched by a computer monitor wedged between shelves of cough drops and the pharmacy in a bustling Walmart,  Mohamed Khader taps out answers to questions such as how often he eats vegetables, whether anyone in his family has diabetes and his age. While shopping at the Alexandria, Va., Walmart location, Aleisha Butler,...
News Release
2/14/2013
Posted by Carmen Balber
Santa Monica, CA – The California Department of Insurance announced today that a 17.9% average health insurance rate increase paid by 630,000 Anthem Blue Cross customers on February 1st has been reduced to 13.9%. Anthem should never have charged its customers the double-digit increase, said the nonprofit Consumer Watchdog, but regulators in...
News Story
1/31/2013
Posted by Mark Reback
As California consumers prepare for health insurance rate hikes to take effect on Friday, a consumer watchdog group wants to remind them of a ballot initiative that would give the state the authority to publicly review health insurance rate increases and reject those that are excessive. Consumer Watchdog's reminder comes as 730,000...
News Story
1/31/2013
Posted by Mark Reback
Initiative would allow state to oversee health plans As about 730,000 California health insurance consumers' rates rise an average 17.5 percent today, a consumer group is renewing its support for a ballot initiative to rein in costs. The group, Consumer Watchdog, called the hikes announced last year outrageous, but representatives from Anthem...
News Release
1/25/2013
Posted by Carmen Balber
Washington DC -- Health insurance giant Wellpoint today announced a 38% profit increase in the 4th quarter of 2012, as compared to last year, for a total $2.7 billion in net profits for 2012. The insurance company continues to pad its profits even as the growth of health care costs remains at record-low levels and the company is forcing double-...