Home › Premium Regulation

Premium Regulation

News Story
2/11/2012
Posted by Mark Reback
SAN DIEGO -- U.S. Sen. Dianne Feinstein expressed disappointment Saturday in the compromise the Obama administration announced this week on its birth control coverage mandate, but said the decision "can be lived with." "I regret the fact that the president felt he had to do it, but he had to do it," she told reporters after...
Video
2/9/2012
Posted by Mark Reback
Patients facing 15% rate hikes March 1st took their complaints to Blue Shield yesterday, and signed a ballot petition outside the insurer's San Francisco headquarters to make health insurance companies publicly justify rates before they take effect.  Blue Shield is sitting on $3.1 billion in excess surplus - 1400% the minimum surplus...
News Release
2/8/2012
Posted by Jamie Court
CONSUMER WATCHDOG CAMPAIGN NEWS RELEASE: San Francisco, CA -- Blue Shield has $3.1 billion in excess surplus, 1400% more than the state requires, but still plans to raise rates on more than 200,000 policyholders by as much as 14.9%, said Blue Shield policyholders and consumer advocates in a protest outside the company's offices today. They...
News Story
2/8/2012
Posted by Mark Reback
  Consumer Watchdog is making Blue Shield the poster child for health insurance reform in California.   Representatives from Consumer Watchdog [1] and other groups today launched a ballot measure campaign [2] to regulate health insurance rates in California with an event outside the San Francisco...
News Story
2/8/2012
Posted by Mark Reback
Click here to listen to the audio of this news broadcast. Should health insurance providers have to get the state's approval before hitting their customers with rate increases? KGO's Kristin Hanes caught up with some clients picketing outside Blue Shield's headquarters in downtown San Francisco who say yes, they should, and speaks...
News Story
2/8/2012
Posted by Mark Reback
Advocacy group Consumer Watchdog set out to take on health insurers in California with a ballot initiative to regulate rates, but it may face ramped-up opposition from the personal lines sector as well. The initiative's formal language conflicts with another proposition, already cleared for the Nov. 6 general election ballot, to allow for...
Blog Post
2/7/2012
Posted by Jamie Court
Shouldn't the CEOs of health insurance companies like Blue Shield have to sign under penalty of perjury that their rate hikes are justified? If the first online signature gathering for a ballot petition is successful, Californians will vote on that proposition in November, and are almost sure to approve. One year ago I stood at the Blue...
News Story
2/7/2012
Posted by Mark Reback
OCEAN PARK BLVD — Think the cost of your health insurance is too high? Santa Monica-based Consumer Watchdog does. The nonprofit, which advocates on behalf of taxpayers, has launched an online petition to put insurance reform on the ballot by the next statewide election. The proposed ballot measure would require insurance companies...
News Story
2/6/2012
Posted by Mark Reback
John Norwood is one of California’s best known legislative advocates for the insurance and financial services sectors. Norwood, principal of Norwood & Associates, has garnered recognition for his political work dating back to the early 1980s, including political battles to amend the state’s insurance rate regulations, and...
News Story
2/6/2012
Posted by Mark Reback
Sen. Dianne Feinstein, a San Francisco Democrat, has joined forces with those seeking approval of an initiative that would allow California to regulate health insurance rates. California is one of 17 states that does not regulate health insurance rates, which have been a hot topic among Democrats since passage in March 2010 of the Patient...