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Blog Post
8/19/2010
Posted by Judy Dugan
Wouldn't it be great if we could all deduct our federal income and investment taxes from next year's income? And if we could also deduct that stress-reducing trip to a spa in Bora Bora? And if the government would just take our word for it? Fantasy for us, but the health insurance industry think that's what federal health reform ought to allow, on...
Blog Post
8/17/2010
Posted by Jamie Court
It took my wife an hour and half to make the two mile commute home Monday, after the secret service closed some of LA's busiest streets at rush hour to shuttle the president from his Beverly Hills hotel to a fundraiser for Congress hosted by the producer of West Wing. As the White House tweeted about Potus meeting the Hollywood West Wingers, LA's...
Blog Post
8/16/2010
Posted by Carmen Balber
Secretary Kathleen Sebelius announced today that HHS awarded $46 million in grant funds to 45 states and DC to "help states crack down on unreasonable health insurance premium hikes." But are all 46 of those insurance departments really planning significant improvements in rate regulation? How much new protection will consumers gain from...
News Release
8/16/2010
CONTACT CONTACT: Judy Dugan, 213-280-0175, cell, or judy@consumerwatchdog.org
Insurance Commissioners and Obama Administration Must Resist More Weakening of Curbs on Industry Overhead and Profit, Says Consumer Watchdog Seattle, WA --The nation’s state insurance commissioners are making far-reaching decisions in Seattle this week on whether health insurance companies will spend more on health care, less on their own...
Blog Post
8/14/2010
Posted by Judy Dugan
It's livelier Saturday at the National Association of Insurance Commissioners meeting in Seattle. Most refreshing was a medium-sized street demonstration, with forays into meeting rooms, by young and old demonstrators protesting lobbyist influence on health care reform. They handed out "lobbyist disinfectant packs," including soap and...
Blog Post
8/13/2010
Posted by Judy Dugan
(Seattle)--The big buzz today at a meeting of the National Association of Insurance Regulators was that President Obama would speak to the thousand-plus people gathered here--and then that he wouldn't. Maybe he didn't want to get involved in a down-to-the wire battle over whether insurance companies will have to grow more efficient and spend more...
News Release
8/13/2010
CONTACT CONTACT: Carmen Balber, (202) 629-3043; or Judy Dugan, (213) 280-0175 (cell)
Washington, DC – Consumer Watchdog called on the Obama Administration to adopt new regulations requiring broad financial disclosures by health insurance companies to help insulate Americans from double-digit rate increases. Insurers should provide details of shadowy multibillion-dollar transfers to out-of-state affiliates and parent...
Blog Post
8/12/2010
Posted by Khan Shoieb
Chairmen of the Senate and House committees with jurisdiction over health care reform sent a letter to Secretary Sebelius on Tuesday clarifying their intent on a particularly controversial provision in the health care law, resolving a long dispute and throwing a wrench into the insurance industry's lobbying efforts. As the NAIC works on crafting...
Blog Post
8/12/2010
Posted by Khan Shoieb
Consumer Watchdog and the Center for Media and Democracy have sent a letter to Secretary Kathleen Sebelius calling on her and the administration to investigate the recent dramatic decreases in medical loss ratios by major health care insurers in anticipation of health care reform implementation. The insurers, led by Cigna and its 2nd quarter 6.4%...
Blog Post
8/12/2010
Posted by Judy Dugan
It's going to be consumer advocates vs. a large scrum of health insurance company lobbyist in Seattle for the next several days at the summer meeting of the National Association of Insurance Commissioners. In advance of that, we've asked for an investigation of what insurers are up to. The NAIC is writing proposed regulations to govern important...