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Blog Post
By Carmen Balber
Angela Braly was sacked as the head of health insurance giant Wellpoint yesterday - but not necessarily for the right reasons. Wall Street banks and billionaire investors complained about the company's profit margins and a slipping stock price. (Put that in perspective: Wellpoint had $13 billion in profits last year.) It’s an appropriate...
Blog Post
Jamie Court
Two years ago, as federal health reform lay on death’s door, CEO Angela Braly, head of Blue Cross’s parent company Wellpoint, spit on beleaguered patients. She sat through poignant Congressional testimony from customers whose lives were being ruined by spiraling premium hikes, then Braly testified that the public outrage was "a...
News Release
CONTACT Carmen Balber, 310 392-0522 ext. 308; or Jamie Court, 310 392-0522 ext. 327
Santa Monica and San Francisco --- Consumer advocates and patients facing May 1 rate increases delivered a blank check to health insurance companies representing the hundreds of millions more that one million Californians will pay for their insurance, today in Santa Monica and outside Anthem’s San Francisco offices. They called on voters...
News Release
CONTACT Carmen Balber (310) 392-0522 ext. 308; or Jamie Court (310) 392-0522 ext. 327
Santa Monica, CA --- Consumer Watchdog Campaign challenged the Blue Cross parent company CEO’s contention to shareholders yesterday that the California health insurance rate regulation initiative now circulating is not necessary because federal law adequately protects patients by pointing to the 1 million Californians facing rate hikes on...