Health insurance regulators review rates, and they may even find them unreasonable. But there is no law to force insurance companies to comply with a regulators recommendations. Proposition 45 would change that.
Yes on 45: Rate Challenges Have Saved Consumers $3.063 Billion Since 2002 On Auto, Home and Business Insurance Rates, Showing How Prop 45 Will Save Consumers Up To $1 Billion Annually On Health Insurance
CONTACT John M. Simpson & Carmen Balber
SANTA MONICA, CA – Public challenges to insurance rate requests have saved consumers $3.063 billion on auto, homeowners and medical malpractice policies over the last 12 years, demonstrating the potential savings under Prop 45 which applies the same limits on health insurance rates, Consumer Watchdog said today. Proposition 45 on the...
Consumer advocates and nurses launched a new “Yes on 45” street art campaign hitting San Francisco and Sacramento this week that exposes the health insurance companies spending $37.5 million to oppose Proposition 45. Thousands of posters will be plastered through wild-posting in the coming days in other cities across the state. Michael...
Yes on 45: Consumers Launch New Yes on 45 Street Art Campaign – Asks San Franciscans: “Health Insurance Rates Killing You?”
CONTACT Carmen Balber & Jamie Court
San Francisco, CA – Consumer advocates and nurses launched a new “Yes on 45” street art campaign hitting San Francisco and Sacramento this week that exposes the health insurance companies spending $37.5 million to oppose Proposition 45. Thousands of posters will be plastered through wild-posting in the coming days in other cities...
CONTACT Harvey Rosenfield & Carmen Balber
Santa Monica, CA -- Proposition 45, the health insurance reform initiative on the November ballot, is following the path taken by the 1988 insurance reform initiative on which it is based, Proposition 103. The landmark insurance reform overcame $63 million in insurance industry spending and the opposition of the entire California political...
CONTACT John M. Simpson
SANTA MONICA, CA – Consumer Watchdog today challenged the idea that widespread use of fully autonomous or driverless cars is imminent, and urged the state Insurance Commissioner to focus on immediate consumer concerns of auto safety and privacy. The nonpartisan, nonprofit public interest group also rejected insurance industry arguments that...
Allstate, CSAA and Liberty Mutual Overcharging Homeowners Insurance Customers; Consumer Watchdog Calls For Rate Reductions
CONTACT Pamela Pressley
Santa Monica, CA – Consumer Watchdog has petitioned Insurance Commissioner Dave Jones to hold public hearings on the excessive rates of three top homeowners insurers – Allstate, CSAA, and Liberty Mutual. Additionally, Consumer Watchdog petitioned the Commissioner to reject CSAA’s (Northern California Auto Club) request to hike...
CONTACT Pamela Pressley
Santa Monica, CA - A sweeping legal assault by Mercury Insurance and various insurance company lobbying groups on rate review regulations that have saved California consumers over $100 billion since the passage of Proposition 103 in 1988 was rejected by the Sacramento Superior Court in a decision filed on June 11th. The court decision upholds a...
CONTACT Pamela Pressley & Carmen Balber
Santa Monica, CA -- Public challenges to auto, home, medical malpractice and earthquake rate hikes proposed by insurance companies but proven excessive have resulted in more than $3 billion saved for consumers since 2002. A chart of the more than $3 billion saved in more than 80 challenges over the last twelve years by Consumer Watchdog is...
Consumer Watchdog Campaign: Consumer Watchdog Calls Health Insurance Industry-Funded Study “Insurance Fraud”
CONTACT Jamie Court & Carmen Balber
Santa Monica, CA -- The four big health insurance companies that control 94% of customers on California’s health care exchange paid $50,000 for a deceptive study, released today, designed to scare voters away from passing an initiative that will mean big savings for consumers, consumer advocates said today. The initiative will require health...