Insurance

Consumer Watchdog Urges Govt To Close Key Loopholes in Healthcare Bill

April 12, 2010  ·  Consumer Watchdog

<p> <a href="http://www.archive.org/download/DailyDigest-041210/2010_04_12_flanagan.mp3">Click here to listen to this segment</a>. </p> <p> While the Health and Human Services Secretary devoted time to issuing an alert and announcing reform benefits for seniors and low-income people, Consumer Watchdog sent a letter addressed to Sebelius urging the closure of key loopholes in the health insurance reform law. </p>

Healthcare Overhaul Won’t Stop Premium Hikes

April 12, 2010  ·  Consumer Watchdog

<p> <strong>The new law doesn't prevent rate increases such as Anthem Blue Cross' double-digit hike last year. 'It is a very big loophole,' says Sen. Dianne Feinstein, who is pushing regulatory legislation.</strong> </p> <p> At least in the short term, regulators will be able to do little more than require insurers to publicly explain why they want to raise rates. Consumer advocates believe that will not be an effective deterrent against such premium increases as the 39% hike that Anthem Blue Cross sent some California customers last year. "The irony here is that it was the Anthem rate increase that breathed new life into the healthcare bill," said Jerry Flanagan, medical policy director of Consumer Watchdog, a longtime supporter of tougher premium regulation. "But there is nothing in this bill to guarantee that it doesn't happen again." </p>

Mercury Accused Of Bilking Customers

April 12, 2010  ·  Consumer Watchdog

<strong>Insurer, a Prop 17. Backer, Alleges Bias</strong> <p> “This ought to be the nail in the coffin for Proposition 17 for any voter who’s paying attention,” said Harvey Rosenfield, founder of Consumer Watchdog and author of California auto insurance regulatory law, Proposition 103. “It’s a recognition by the Department of Insurance that Mercury is a particularly bad actor. Voters and the public need to understand more about this company.” </p>

Consumer Group Says Loopholes In Healthcare Overhaul Could Hurt The Public

April 8, 2010  ·  Consumer Watchdog

A consumer group called Thursday for the Obama administration and Congress to address 10 potential glitches in the new healthcare overhaul law, saying loopholes could leave millions of people with reduced health benefits or higher insurance costs. In a <a href="https://consumerwatchdog.org/wp-content/uploads/2010/04/resources_HealthReformLoopholes.pdf" target="_blank" rel="noopener">letter</a> to President Obama and lawmakers on Capitol Hill, <a href="../../../" target="_blank" rel="noopener">Consumer Watchdog</a> of Santa Monica said the legislation — which requires most Americans to carry health insurance by 2014 — fails to limit how much insurers can charge for coverage. Obama had proposed greater federal oversight of insurance rates, but the idea failed to survive congressional negotiations over the final healthcare reform law he signed last month.

Consumer Watchdog Wants Congress To Add Rate Regulation To Health Care Law

April 8, 2010  ·  Carmen Balber

The presidential signature on the health care reform bill doesn’t mean the battle’s over. A consumer group is calling on Congress and President Obama to fix what it calls “dangerous loopholes in the new law.”  The number one loophole, says Carmen Balber of Consumer Watchdog, is the lack of cost controls in the new health insurance law.  She says the legislation "will require most Americans to purchase private insurance, but doesn’t do enough to limit what health insurers can charge consumers for that coverage."

Editorial: Special-Interest Prop. 17 Won’t Benefit Drivers

April 5, 2010  ·  Consumer Watchdog

The competition is on this year to see which company — Mercury Insurance or PG&E — is responsible for the worst abuse of California’s initiative process. PG&E’s $28 million assault on potential competition through Proposition 16 will be tough to top, but Mercury Insurance is doing its best. It’s pumping $3.5 million into the campaign to convince voters that Proposition 17’s change in insurance regulation is in their best interests. Don’t believe it. This is yet another in a long line of direct attacks on Proposition 103, which California voters passed in 1988 to rein in abuses of the insurance industry. It professes to be in consumers’ interest, but it is anything but. Vote no in the June 8 election.

Prop 17 Opponents Use Fools Day Spoof to Mock Mercury Insurance, Industry-Funded Initiative

April 4, 2010  ·  Consumer Watchdog

Using April Fool’s Day to its full political advantage, the Consumer Watchdog-funded StopProp17.org (a Campaign for Consumer Rights effort) has launched a <a href="http://www.youtube.com/watch?v=fwkkN40fO_Y&feature=player_embedded">clever, tongue-in-cheek video</a> to mock the premise and talking points of the Mercury auto insurer’s ballot initiative.

Mass. Rebuffs Most Health Care Rate Hikes

April 2, 2010  ·  Consumer Watchdog

The Massachusetts Division of Insurance has rejected 235 of 274 rate increases proposed by health insurers for small groups. Carmen Balber, Washington director of Consumer Watchdog, said, “Massachusetts has quickly come to realize that when the government requires everyone to purchase a health insurance policy or face tax fines, it must also exercise real oversight of what health insurers can charge.”

Consumer Group Expects New Mercury Ad; Tries to Pre-empt with Spoof Video

April 1, 2010  ·  Consumer Watchdog

The Campaign for Consumer Rights is hearing through its own sources that Mercury Insurance is poised to begin its ad campaign for Prop. 17, the ballot measure that would allow drivers to carry their history of continuous coverage to new insurance companies but would result in increases in some drivers policies.

Drugs Savings In The Cards

March 29, 2010  ·  Consumer Watchdog

Even though discount drug cards are free, consumers still have to do some research before choosing a card, said John Simpson, consumer advocate with Santa Monica-based Consumer Watchdog.  "(Consumers) have to take the time to shop around and see what the best deal would be for them," Simpson said. Before selecting a card, make sure that it provides discounts on the drugs that you take, he said. "In all of these cases, the particular deal that the provider of the card has negotiated with the particular drug company can be different," he said. "Most (cards) have a Web site where you can go online and you can check the drugs you know you are using, which are the cheapest. You've got to do some research. Some of them can get better deals."

Insurers say ‘No, we won’t’ (cover sick children)

March 29, 2010  ·  Consumer Watchdog

<p> Boy, that was fast. The ink was hardly dry on the health reform law when the insurance industry started saying that no matter what Congress thought and no matter what President Obama said, they didn't have to <a href="http://www.nytimes.com/2010/03/29/health/policy/29health.html?emc=tnt&tntemail1=y">let sick children have health coverage</a> right away. Clearly, the insurance industry just can't stop manipulating the fine print and denying care, even when it's a battle against babies. </p>

Sen. Corker’s time = Wall Street $$

March 26, 2010  ·  Consumer Watchdog

Pay to play policymaking is rarely spelled out as clearly in public as it was in a just-released fundraising email sent to financial industry lobbyists on behalf of Senator Corker, a key Republican negotiator on finanicial reform...