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Blue Shield of California

Video
3/19/2015
Posted by Consumer Watchdog Admin
State officials have stripped Blue Shield of California of its tax-exempt status, an exemption the nonprofit health insurer has held since its founding in 1939. The decision could put Blue Shield on the hook for tens of millions of dollars in state taxes each year.
News Story
3/19/2015
Posted by Mark Reback
Health insurance giant Blue Shield of California and state tax authorities both came under fire for not disclosing seven months ago a landmark decision taking away the insurer's tax-exempt status, which had been in place since 1939. The Times first reported Wednesday that the California Franchise Tax Board had quietly revoked Blue Shield's...
Blog Post
3/18/2015
Posted by Jamie Court
Remember, months ago, when we called out nonprofit Blue Shield for spending policyholder money to buy a luxury skybox at San Francisco 49ers games? State tax collectors have finally revoked the nonprofit health insurance company’s tax exemption following years of our criticism about its lavish perks, excessive executive pay, padded bank...
News Story
3/18/2015
Posted by Mark Reback
Authorities have revoked the tax-exempt status of nonprofit Blue Shield of California, potentially putting it on the hook for tens of millions of dollars in state taxes each year. The move by the California Franchise Tax Board comes as the state's third-largest health insurer faces fresh criticism over its rate hikes, executive pay and $4.2...
News Story
3/18/2015
Posted by Mark Reback
The state Franchise Tax Board has stripped Blue Shield of California of its tax-exempt status, a move that could make the 76-year-old San Francisco health insurer responsible for paying millions in state income taxes. Officials from the tax board would not explain why they took the action in August, but critics have long accused the insurer, until...
News Story
3/18/2015
Posted by Mark Reback
On the Blue Shield of California Web page called “What Does Being a Not-for-Profit Mean to Us?” the health insurer provides an answer: Operationally, it means we don’t answer to Wall Street – we don’t need to generate returns to shareholders. Philosophically, being a not-for-profit means we’re guided by our...
News Story
12/23/2014
Posted by Mark Reback
A United States consumer group is calling for Californians to boycott a US$80 million computer system underpinned by software supplied by Auckland firm Orion Health. Orion Health announced the California Integrated Data Exchange (Cal Index) had gone live on Monday, saying it was a major project for the company that would allow the medical records...
News Story
12/22/2014
Posted by Mark Reback
Last week, Consumer Watchdog urged California residents to boycott a new database being created by Anthem Blue Cross and Blue Shield of California until patient privacy questions are addressed, the Los Angeles Times reports (Terhune, Los Angeles Times, 12/16). Background on Cal INDEX Database In August, Anthem and Blue Shield of California -- two...
News Story
11/19/2014
Posted by Mark Reback
Anthem Blue Cross and Blue Shield of California violated state law by misleading consumers about the size of their provider networks, according to a report by the state Department of Managed Health Care, the San Jose Mercury News reports (Seipel, San Jose Mercury News, 11/18). Background Complaints of narrow networks have led to lawsuits filed...
Courtroom Case
11/12/2014
Posted by Laura Antonini
McCarthy, et al. v. California Physicians’ Service d/b/a Blue Shield of California, Los Angeles Superior Court Case No. BC558549 Consumer Watchdog has filed a class-action lawsuit on behalf of hundreds of thousands of California consumers against Blue Shield for misrepresenting its physician and hospital networks in order to boost sales...