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Mark Reback

News Story
4/1/2015
Posted by Mark Reback

Now that Blue Shield of California has lost its tax-exempt status and owes tens of millions of dollars in state taxes annually, industry experts predict that other large nonprofit insurance companies could be scrutinized over how they serve the public, reported...
News Story
4/1/2015
Posted by Mark Reback

Californians are used to gyrating gas prices, but the latest swing from the lowest in years to nearly a dollar above the national average is leaving drivers in a tizzy. Some are accusing oil companies of manipulating prices. The industry blames an explosion and a...
News Story
4/1/2015
Posted by Mark Reback

(Reuters) - Billionaire environmental activist Tom Steyer and the head of a consumer watchdog group on Tuesday said California state lawmakers should subpoena oil industry executives if they fail to answer questions about February's gasoline price spike. The call...
News Story
4/1/2015
Posted by Mark Reback

While crude oil prices stayed low, prices at the pump for California drivers shot up $1 in February, and motorists in the Golden State continue to be squeezed by price spikes while refineries reap big profits, a Santa Monica consumer advocacy group said last week....
News Story
3/30/2015
Posted by Mark Reback

When California lawmakers met last week to begin asking questions about the recent rise in gasoline prices, Tom Steyer took notice. Steyer, the billionaire environmental activist and Democratic mega-donor, signed his name to a letter Monday sharing his appreciation...
News Story
3/28/2015
Posted by Mark Reback

“Many patients are simply accepting pure cash pricing for procedures—as if they had no insurance coverage at all—because it is cheaper than if they were to stick with their narrow-network options.” Dr. Allen Kamrava (right), Cedars-Sinai Medical...
News Story
3/27/2015
Posted by Mark Reback

With billions of dollars in reserve, nonprofit insurer Blue Shield of California is facing new pressure to offer better prices for its policies. Despite its nonprofit status, the health insurance giant is usually on par or priced slightly above its for-profit rivals,...
News Story
3/27/2015
Posted by Mark Reback

CASTAIC, Calif. — When Kamala D. Harris, a Democrat, was the newly elected district attorney of San Francisco in 2004, she walked into a firestorm after deciding not to pursue the death penalty for a man accused in the killing of a police officer — drawing...
News Story
3/25/2015
Posted by Mark Reback

State legislators seek answers for California's much higher gasoline costs As Inland Southern California motorists forked out more than 80 cents per gallon more than the national average for gasoline Tuesday, state lawmakers questioned the recent wild swings in...
News Story
3/25/2015
Posted by Mark Reback

Consumers' growing appetite for healthier fare is pushing together two of the world's largest processed-food companies — a deal that would combine an extensive shopping list of household names including Heinz Ketchup, Kraft Macaroni & Cheese, Oscar...