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Blog Post
10/19/2010
Posted by Judy Dugan
In years past, a profit result like United HealthCare's 26% increase in the third quarter would spike the stock price. Not so on Tuesday, because investors are worried that insurance companies' profit rocket will slow down next year as health reform requirements kick in. That, in a nutshell, is why the insurance industry is spending tens of...
Blog Post
10/15/2010
Posted by Jamie Court
Death and taxes may be inevitable in life, but in politics what's inevitable is that you will have to face public opinion and the Constitution. President Obama is rightfully having to confront both over the worst flip-flop of his presidency: his endorsement of mandatory health insurance purchases. As the New York Times reports, courts are...
News Release
10/13/2010
CONTACT CONTACT: Doug Heller, 310-392-0522, ext. 309
$1.2 Million In Insurance Industry Donations In Past Two Weeks to Chamber PAC Running Ads Against Dave Jones Santa Monica, CA – For the second time in two weeks, insurance industry giants have made major contributions to a political action committee campaigning to defeat insurance commissioner candidate Dave Jones and elect Mike Villines,...
Blog Post
10/13/2010
Posted by Carmen Balber
A central consumer protection in the health reform bill is set to take effect Jan 1: Health insurers will have to spend at least 80 cents of every dollar we pay in premiums on actual medical care. That means less money goes to executive salaries and paper-pushers whose only job is to deny you benefits, and more to pay the bills when you get sick....
Blog Post
10/11/2010
Posted by Judy Dugan
The passage of a law means nothing to the lobbying industry. It only means refocusing on regulators, and if that fails, changing the law that was passed. Lobbyists for health insurance brokers are in the middle stage: demanding that the White House protect their big sales commissions--up to 20s on each policy-- by crippling a key part of the law....
News Release
10/8/2010
CONTACT CONTACT: Carmen Balber, 202-629-3043; or Jamie Court, 310-392-0522, ext 327
Woman Left With $450K in Medical Bills Joins Call for President to Enforce New Consumer Protections Washington, DC -- Consumer Watchdog called on President Obama to reject waivers requested by junk health insurance plans, including one that left Dana Christensen with $450,000 in medical debt, that would allow them to evade minimum benefit...
Blog Post
10/5/2010
Posted by Carmen Balber
70 million Americans who get health insurance through their employer cannot take their insurance company to court when the insurer doesn't provide the benefits it promised, even if the insurer's decision to delay or deny life-saving treatment results in an employee's death. Now the federal health reform law requires every American to prove they...
Blog Post
10/4/2010
Posted by Jerry Flanagan
Californians, including those stricken by autism, and their parents and caregivers, expect regulators to enforce the law, not to side with insurance companies seeking to boost their profits by denying patients the care they need. Governor Schwarzenegger, however, a longtime and vocal supporter of the Special Olympics and developmentally disabled...
News Release
10/1/2010
CONTACT Doug Heller, 310-392-0708
Leno/Schwarzenegger Bill Uses Insurance Industry's Chosen Language For Evaluating Premium Hikes Santa Monica, CA – Health insurance companies pursuing rate hikes in California received a boost yesterday with the signing of SB 1163 by Senator Mark Leno (San Francisco).  The bill, amended in the final days of the 2010 legislative...