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Consumer Watchdog Campaign: Health Insurance Companies Will Hike Rates As Much As 24% for Small Businesses With More Than One Million Employees
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...
Consumer Watchdog Campaign: Rate Regulation Lowers Medical Malpractice Insurance Premiums Another $21 Million for 20,000 California Doctors
Santa Monica, CA --- The California Department of Insurance announced today it has reduced medical malpractice insurance rates for 20,000 doctors insured by The Doctors Company by $21 million using the state’s prior approval rate regulation authority. The...
Consumer Watchdog Campaign: Blue Shield Chief’s Retirement the Right Move for 'CEO Who Doesn’t Want To Play By Rules,' Says Consumer Watchdog
Santa Monica, CA -- The announcement that Blue Shield CEO Bruce Bodaken will retire at the end of this year comes as insurance companies face the prospect of new rules to curb health insurance company excesses, said Consumer Watchdog. The group has sharply criticized...
One million Californians will be slammed today with health insurance rate hikes as high as 20%. Consumer Watchdog Campaign has a solution. Watch this short, funny movie trailer about an alternative future with no rate hikes, and share it with your friends....
Consumer Watchdog Campaign: UnitedHealth Group Reports $1.4B 1st Quarter Profit, A 3% Increase Over Last Year; Insurer Increases Premiums on Californians Up to 17% on May 1
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...
Consumer Watchdog Campaign: $11.6 Million In Campaign Cash To CA Politicians Fueled Health Insurer Campaigns To Kill Rate Reform, Says Consumer Watchdog
Santa Monica, CA – A new analysis at followthemoney.org finds that health insurance companies gave $11.6 million in campaign cash to California politicians, including $7.4 million to candidates for the California legislature, between 2000 and...
Consumer Watchdog Campaign: Insurance Rate Regulation Saves Doctors $23 Million on Excessive Malpractice Premiums
Santa Monica, CA --- The California Department of Insurance has saved doctors and other medical providers $23 million in the last two months by reducing unjustified medical malpractice insurance premiums using the state’s prior approval rate regulation...
Consumer Watchdog Campaign: Health Insurance Premiums To Rise Up To 20% For 1 Million Californians On May 1
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...
Santa Monica, CA – Anthem Blue Cross will raise health insurance rates for nearly 600,000 Californians by as much as 20% on May 1. A ballot initiative to make health insurance more affordable by regulating premium increases is necessary to protect Californians...
The state's largest for-profit health insurer will raise rates 8.2% on average, down from its earlier request of 10.4%, in response to pressure from state officials. Anthem Blue Cross agreed to trim its rate increases for nearly 600,000 customers in California...