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News Release
CONTACT Jerry Flanagan, Consumer Watchdog, and Edith Kallas, Whatley Kallas LLP
Santa Monica, CA - United Healthcare, the nation’s largest health insurer, will allow patients with HIV or AIDS to “opt-out” of a requirement that they obtain their medications by mail-order under a national class action settlement announced today by Consumer Watchdog and Whatley Kallas, LLP.   Due to the complex nature of...
News Release
CONTACT Carmen Balber & Mark Reback
Santa Monica, CA – Anthem Blue Cross and its parent company WellPoint have given $12.9 million to defeat a California ballot initiative that would require health insurance companies to get approval for rate hikes, like the increase of up to 25% Anthem proposes for over 306,000 Californians on April 1. If approved on this November’s...
News Release
CONTACT Mark Reback
Washington DC -- Health insurance giant WellPoint today announced a 24% profit increase in the 2nd quarter of 2013, as compared to last year, and the company's stock hit an all-time high of $90 per share on Wednesday. WellPoint reported it earned $800.1 million, or $2.64 per share, in the three months that ended June 30th, which is up about 24...
News Release
CONTACT Carmen Balber & Jamie Court
Santa Monica, CA – Health insurance companies will increase rates as high as 24% in July and August for small business customers with more than one million employees, but state regulators currently have no power to reject those increases that can’t be justified. A pending ballot initiative would require health insurance companies to...
Blog Post
By Judy Dugan
Thursday's reports that some Californians will get rebates on their health insurance premiums are a little bit of good news--but not nearly as good as it could be. An L.A. Times story reports that California small businesses and their employees who are insured by United Health Group will get rebates averaging $98 on last year's premiums...
News Release
CONTACT Carmen Balber & Jamie Court
Santa Monica -- UnitedHealth Group, which runs the fifth-largest health insurance company in California, reported $1.39 billion in profits in the first quarter of 2011, a 3% increase over last year, as it raises premiums on 84,000 Californians with small business coverage as much as 17% on May 1st. The insurance company is funding the fight...
News Release
CONTACT Carmen Balber & Jamie Court
Santa Monica, CA -- Four of the largest health insurance companies in California have increased premiums for 1.1 million Californians and small business owners by as much as 20% on April and May 1st according to data filed with state regulators, said Consumer Watchdog Campaign today. The rate increases are the second or third for most...