Insurance

Insurers Liking the Coverage of Schwarzenegger’s Policies

September 25, 2006  ·  Consumer Watchdog

<p class="source">The Los Angeles Times</p> <p>"People expected of Arnold Schwarzenegger independent advisors who would bring a fresh perspective," said Doug Heller, executive director of the Foundation for Taxpayer and Consumer Rights. "Instead, the governor has brought in State Farm and its cronies."</p>

State fines Blue Cross $200,000

September 22, 2006  ·  Consumer Watchdog

<p class="source">THE SAN FRANCISCO CHRONICLE</p> <p>Some consumer advocacy groups were underwhelmed by the state's actions. "A single fine of $200,000 to a company that made $185 million in profit in just one quarter this year is chump change and not enough to bring about the type of systemic reform we need," said Jerry Flanagan of the Foundation for Taxpayer and Consumer Rights.</p>

State fines Blue Cross $200,000;

September 22, 2006  ·  Consumer Watchdog

<h3>Plan canceled a policy.</h3><p class="source">Sacramento Bee (California)</p> <p>A consumers group said the penalty was too small to stop the practice. "One $200,000 fine is not a deterrent. It's a very profitable business practice," said Jerry Flanagan of the Foundation for Taxpayer and Consumer Rights. "The number (of consumers affected) could easily get into the thousands."</p>

Secret plan alleged on campaign financing;

September 20, 2006  ·  Consumer Watchdog

<h3>Measure's foes say nurses group is trying to limit opposition to its future health care strategy.</h3><p class="source">Sacramento Bee (California)</p> <p>"Proposition 89 isn't about Trojan horses, it isn't about any particular issue, it's about the opportunity to have a fair debate in Sacramento -- and you don't get that now because of the special interests," said Doug Heller, executive director of the Foundation for Taxpayer and Consumer Rights.</p>

Blue Cross Moves To Quell Furor

September 20, 2006  ·  Consumer Watchdog

<h3>The health insurer, accused of dumping sick policyholders, says it will alter procedures.</h3> <p> Jerry Flanagan, a patient advocate with the Foundation for Taxpayer and Consumer Rights, said the announced changes looked like an attempt by Blue Cross to avoid regulatory or legislative intervention and patch up its reputation. "Blue Cross is in a world of hurt, and they are attempting to wiggle their way out of hot water by putting in some weak rules they can live with. They are making concessions in an attempt to wiggle out of more comprehensive reform." </p>

Take a stand on health care

September 18, 2006  ·  Consumer Watchdog

<p class="source">Visalia Times-Delta (California)</p> <p>Gov. Schwarzenegger says he favors health insurance for the people of California, but one has to wonder what he has in mind. This is to be expected: He chooses his affiliations and draws his political lines clearly. According to the Foundation for Taxpayers and Consumer Rights (FTCR), the "health industry boosted [him] to nearly $100 million in campaign donations, with a $125,000 burst of contributions in August alone. The industry has given him $4 million overall."</p>

Home, auto insurance rates to decline;

September 14, 2006  ·  Consumer Watchdog

<h3>Safeco Corp., 21st Century Co. announce plan to slash premiums; other firms expected to follow</h3><p class="source">Contra Costa Times (California)</p> <p>Harvey Rosenfield with FTCR believes skyrocketing gasoline prices have prompted motorists to drive less, which should have reduced the number of accidents and claims that auto insurers have had to pay out. Plus, he suggested that homeowners' insurance carriers pay in claims about 30 cents for every $1 in premiums they harvest.</p>

Stop Saying ‘Single Payer’

September 14, 2006  ·  Jerry Flanagan

<p class="source">TomPaine.com</p> <p>Why not help voters understand that under the California Health Plan the billions of dollars wasted by insurance companies and HMOs on middlemen, CEO pay, corporate profits, overhead and advertising would be redirected to providing care? What if voters knew that such a plan would pay for doctor visits, preventive screening, pregnancy coverage, hospitalization and emergency treatment?</p>

What’s a Piece of a 100 Million Dollar Baby Worth?

September 8, 2006  ·  Consumer Watchdog

<font face="verdana,sans-serif" size="2"><a href="http://leginfo.ca.gov/pub/bill/sen/sb_1451-1500/sb_1489_bill_20060906_enrolled.html">SB 1489, approved by the legislature last week</a>, would allow California's Attorney General to...</font>

Homeowners to see insurance drop;

September 6, 2006  ·  Consumer Watchdog

<h3>State pressures top companies to reduce rates; many residents will get double-digit declines in annual costs</h3><p class="source">Sacramento Bee</p> <p>"This is the opening gambit by the insurance companies. We all knew rate decreases were coming," said Doug Heller, executive director for the Foundation for Taxpayer and Consumer Rights in Santa Monica. "We have to make sure that these rates come down to a price that is fair to consumers."</p>

Reinsurance market goes high-tech to predict disasters;

September 3, 2006  ·  Consumer Watchdog

<h3>Hurricane outlooks are closely watched at such places as the Lloyd's of London insurance market building.</h3><p class="source">Sarasota Herald-Tribune (Florida)</p> <p>Doug Heller, executive director for the Foundation for Taxpayer and Consumer Rights, said the answer is even more strict government regulation over the rates insurance companies can charge. California voters took that step in 1988 when they passed Proposition 103 barring insurance companies from passing on their reinsurance costs to policy holders.</p>

Allstate Seeks Big Boost in Premiums

September 2, 2006  ·  Consumer Watchdog

<p class="source">The Los Angeles Times</p> <p>Consumer activist Doug Heller called Allstate's request an outrageous ploy in its wrangling with regulators. "In an environment where rates will come down for homeowners, a company that makes these rate hike threats will probably be rebuffed by its customers," he said.</p>