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Santa Monica, CA – Another double-digit rate hike takes effect tomorrow for 730,000 Californians with Anthem Blue Cross health insurance. The increase of up to 26 percent is the third or fourth rate hike in just two years for many Anthem customers, who have seen...
Washington DC -- Health insurance giant Wellpoint today announced a 38% profit increase in the 4th quarter of 2012, as compared to last year, for a total $2.7 billion in net profits for 2012. The insurance company continues to pad its profits even as the growth of...
What an inspiring 2012! Together, we exposed and stopped false MPG claims by automakers, shamed health insurance companies into lowering outrageous rate hikes and moved closer to the day when technology companies can’t collect and sell our private information...
Did you see Jamie's blog? He's right, we've had an amazing 2012. We couldn't have done any of it without your support, and your tax-deductible contribution now will help us reach our year-end goal to cover next year's expenses. Your tips prompted...
Consumer Watchdog Asks Justice Department To Take Over Google Antitrust Action As Chairman Schmidt Equates Google With 1990s Microsoft
WASHINGTON, DC – Consumer Watchdog today called on the U.S. Department of Justice to take over the ongoing federal antitrust probe of Google after the company’s chairman in a news interview equated it with antitrust poster child Microsoft in the 1990s. The...
Reporters largely missed the point of a Commonwealth Fund study released this week, that looked at consumer savings under Obamacare's 80-20 rule, the rule making insurance companies spend at least 80% of your premiums on health care, not overhead. The authors...
New Study Finds Rate Regulation Needed To Make Health Insurers Pass On To Consumers Administrative Savings Required By Health Reform
Washington, DC – The nonprofit Commonwealth Fund reported today that insurance companies had boosted profits instead of passing on savings to consumers under provisions of the health reform law that require at least 80% of consumer premiums go to medical care...
Washington, DC – United States Senator and Commerce Committee Chairman John D. Rockefeller has written the president and chief executive of Hyundai Motors America to answer questions about the company’s false “Mile Per Gallon” window sticker...
Consumer Watchdog Campaign: Proposed Anthem Blue Cross Rate Hike Could Mean Refund Checks for Consumers Under Rate Regulation Initiative on 2014 Ballot
Santa Monica, CA – Anthem Blue Cross could owe big refund checks to 730,000 Californians if its proposed rate hikes of up to 25% are deemed excessive thanks to an initiative voters will consider on the 2014 ballot. The ballot measure requires health...
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...