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Blog Post
11/8/2012
By Carmen Balber
Lost in the ongoing election postmortem was this report yesterday from the Congressional Budget Office that a bill being pushed by the insurance industry and its salespeople to eliminate one of the strongest consumer protections in the health reform law would increase the deficit by more than $1 billion and raise health insurance costs for...
Blog Post
7/3/2012
By Judy Dugan
One of the best consumer protections of the health reform law was a requirement that health insurance companies spend at least 80% to 85% of your premiums on actual health care, leaving 15% to 20% for overhead and those multimillion-dollar executive salaries. If companies don't meet this efficiency level, the they have to pay back some of...
News Release
12/15/2011
CONTACT Carmen Balber & Judy Dugan
Washington, D.C. -- Consumer Watchdog today applauded the Obama Administration’s decision to reject a bid by politicians in the state of Florida to evade a key consumer protection rule in the health reform law that requires insurance companies to reduce bloated bureaucracies and excessive profits to spend more on actual health care....
News Release
11/22/2011
CONTACT Carmen Balber & Judy Dugan
Washington, DC -- State insurance commissioners voted narrowly Tuesday afternoon for a resolution aiming to gut a key consumer protection in the health reform law. The plan would cost consumers an estimated $1.1 billion in premium rebates and leave them open to major rate hikes, said Consumer Watchdog. The members of the National Association of...
Blog Post
11/15/2011
By Judy Dugan
The insurance commissioners of the 50 states held a private conference call Tuesday, and a number of them apparently noted/complained that they're getting "all these messages and faxes" from consumers opposing a resolution the National Association of Insurance Commissioners is about to vote on. So thanks to all who emailed or...
News Release
8/11/2011
CONTACT Brian Stedge-Stroud
Newport Beach, CA -- Consumer Watchdog advocates delivered letters to, and picketed outside, the offices of Orange County Mercury Insurance agents whose "Agents Alliance" group is sponsoring Mercury Insurance's proposed ballot measure to repeal a key insurance consumer protection in California and raise car insurance rates for...
Blog Post
7/6/2011
By Judy Dugan
Health insurance companies apparently have no problem taking opposite sides of an issue when it serves their bottom line. When it comes to California law, they hate regulation and will spend any amount of money and credibility to kill it. But when it comes to protecting the profits of insurance brokers at the expense of consumers, insurance...
News Release
6/30/2011
CONTACT Carmen Balber
Washington, DC -- With no public discussion and on a voice vote, a task force of state insurance regulators with the National Association of Insurance Commissioners (NAIC) voted to endorse legislation that would cost consumers billions in higher health insurance premiums and lost rebates under the federal health reform law. Consumer Watchdog...
Blog Post
6/8/2011
By Judy Dugan
Health insurance companies aren't the only ones that raked in the dough as insurance premiums rose 138% over the last decade. Health insurance brokers, who get their pay as sales commissions from insurance companies, made out like bandits, too. A recent California Department of Insurance survey of four of the five top insurers in the state...