Insurance

Insurers hold death benefits for more profit

August 13, 2010  ·  Consumer Watchdog

<p> Life insurers are facing broad criticism for profiting from the death benefits of soldiers and other life insurance policyholders after a claim is supposed to be paid... </p>

Health Insurance Limits Are Rising, If Regulators Approve

August 13, 2010  ·  Consumer Watchdog

Insurers and employers say a generous waiver process is needed to avoid a sudden jump in premiums. But patient advocates, such as California-based Consumer Watchdog, warn against being too lenient. All sides are pressing their cases with the <a href="http://content.usatoday.com/topics/topic/Organizations/Companies/Health+and+Medicine/United+States+Department+of+Health+and+Human+Services" title="More news, photos about Department of Health and Human Services">Department of Health and Human Services</a> (HHS), which is writing the rules on the waiver process but has not specified what they will say or when they'll be in place. It's not clear yet whether waivers could continue after 2014. HHS said details on the process are under development, and declined to elaborate.

Consumer Groups Want Federal Investigation of Insurers’ Medical Spending

August 12, 2010  ·  Consumer Watchdog

Consumer advocates urged the Obama administration Thursday to investigate what they called an effort by large for-profit insurance companies to slash spending on medical care even as they raise premiums. In a letter to Health and Human Services Secretary Kathleen Sebelius, Consumer Watchdog and the Center for Media and Democracy said that insurers reported less medical spending in recent months ahead of new federal rules that will require the companies to do just the opposite starting next year.

Congress clarifies intent on key provision in health care law

August 12, 2010  ·  Consumer Watchdog

Chairmen of the Senate and House committees with jurisdiction over health care reform sent a <a href="http://politi.co/aLmaZt">letter</a> to Secretary Sebelius on Tuesday clarifying their intent on a particularly controversial provision in the...

Yet again, health insurers seeking ways to defy health care law

August 12, 2010  ·  Consumer Watchdog

Consumer Watchdog and the Center for Media and Democracy have sent a <a href="http://www.consumerwatchdog.org/resources/sebeliusletterCWDCMD081110.pdf">letter</a> to Secretary Kathleen Sebelius calling on her and the administration to investigate the recent dramatic decreases in medical loss ratios by major health care insurers in anticipation of health care reform implementation.

Showdown on health care reform rules?

August 12, 2010  ·  Consumer Watchdog

<p> It's going to be consumer advocates vs. a large scrum of health insurance company lobbyist in Seattle for the next several days at the summer meeting of the National Association of Insurance Commissioners. In advance of that, we've...</p>

Insurers Reign Over Rates — Only 19 States Have ‘Prior’ Approval Over Medical Premiums

August 12, 2010  ·  Consumer Watchdog

WASHINGTON, DC -- As Americans struggle with double-digit hikes in their health insurance bills, millions are coming up against a hard reality: The state regulators who are supposed to protect them can often do little to control what insurers are charging. Consumer advocates and administration officials are trying to spark new state efforts because the new healthcare law gives the federal government only limited power to regulate premiums, traditionally a state responsibility. The Obama administration plans to announce a series of $1-million grants next week to help states increase their oversight.

Consumer Watchdog Vs. Insurers on Health Care Reform Implementation Regulations

August 11, 2010  ·  Consumer Watchdog

<p> Consumer Watchdog has fought to defend central consumer protections in the health care law against efforts by lobbyists for the health insurance industry to undermine rules and create loopholes in regulations.  State insurance regulators at the National Association of Insurance Commissioners (NAIC) and federal regulators at the Department of Health and Human Services began writing implementing regulations in summer of 2010.</p>

Insurance CEO pay: So that’s where the premium increase went

August 11, 2010  ·  Consumer Watchdog

<p> There are days when the idea of private health insurance companies running health reform are more ludicrous than others. Today, we find that health insurance CEOs are raking in ever-higher compensation--up to $110 million a year for one retiring CEO. This is obviously where a lot of our ever-rising premium dollars are going. </p>

Santa Monica Consumer Group Alleges Google-Verizon Internet Plan Could Hinder Universal Internet Access

August 11, 2010  ·  John M. Simpson

A Santa Monica-based consumer watchdog group this week decried a proposal by Google and Verizon Communications that it says would put an end to net neutrality and create a system of pay-to-play haves and have-nots when it comes to internet access.<a href="http://en.wikipedia.org/wiki/Network_neutrality_in_the_United_States" target="_blank" rel="noopener"></a>

California Should Regulate Health Care Premiums

August 11, 2010  ·  Consumer Watchdog

Within a few years, 6 million uninsured California residents will finally get medical coverage as part of the newly passed federal health care reforms. But what will they pay? And who will regulate premiums as insurers angle for customers? Right now, Sacramento has little control over health care rates, largely because industry lobbyists have killed efforts to change a rules-free marketplace. According to the organization Consumer Watchdog, health insurance interests have given $800,218 over the last three years to members of the state Senate, where showdown votes on insurance controls are due this month.

State Makes It Tougher For Health Insurers To Cancel Policies

August 9, 2010  ·  Consumer Watchdog

<p> California's new rules let applicants say they're not sure or they can't remember the answer to a health history question. Federal health reform allows insurers to cancel a policy only if there was intent to deceive. Jamie Court directs the nonprofit group <a href="../../../">Consumer Watchdog</a>. "Having the double whammy of both the new federal rules and the state insurance commissioner's regulations, makes it very clear to insurance companies what they can and cannot do," said Court. </p>