Insurance

State rejects offer by insurer;

November 12, 2004  ·  Consumer Watchdog

<h3>Anthem seeks OK for merger</h3><p class="source">The Atlanta Journal-Constitution</p> <p>The Foundation for Taxpayer and Consumer Rights, a California-based consumer group that opposes the deal and raised the issue of executive compensation, said California's action opens the door for other state regulators to strike similar deals.</p>

WellPoint deal wins OK from Garamendi;

November 10, 2004  ·  Consumer Watchdog

<h3>CONCESSIONS TO CLEAR ACQUISITION BY ANTHEM</h3><p class="source">San Jose Mercury News (California)</p> <p>Consumer groups praised Garamendi's efforts but said there was still cause for concern about the merger.</p>

Garamendi approves big health plan merger

November 10, 2004  ·  Consumer Watchdog

<p class="source">Sacramento Bee</p> <p>In California, some consumer groups remained concerned that Garamendi had not eliminated executive compensation deals from the merger.</p>

California’s insurance commissioner gives his blessing to a merger between Anthem and WellPoint Networks

November 10, 2004  ·  Consumer Watchdog

<p class="source">Marketplace Morning Report - MN Public Radio</p> <p>What this merger does is set the bar on future HMO and other mergers of all types. If you're going to take money from the state of California, if you're going to take money from patients anywhere in the country, you have to give back an equal sum.</p>

California Backs Merger of 2 Giant Blue Cross Plans

November 10, 2004  ·  Consumer Watchdog

<p class="source">The New York Times</p> <p>Jamie Court, president of a California patients' advocacy group, the Foundation for Taxpayer and Consumer Rights, suggested that "every state insurance commissioner will be trying to see what they could get from this deal."</p>

Anthem-WellPoint deal OKd;

November 10, 2004  ·  Consumer Watchdog

<h3>Companies agree to spend more on underserved communities</h3><p class="source">The San Francisco Chronicle</p> <p>Health care advocates said that they are glad Anthem and WellPoint had made additional concessions but that they are still worried about the impact of the giant merger on California consumers.</p>

Anthem merger clears key hurdle;

November 10, 2004  ·  Consumer Watchdog

<h3>Millions in concessions sway California opponent; Company talks with other states that could object</h3><p class="source">The Indianapolis Star</p> <p>Back on May 19th, the Foundation for Taxpayer and Consumer Rights, a nonpartisan advocacy group, calls on California Gov. Arnold Schwarzenegger to order regulators in California to have a public hearing on the proposed merger of Wellpoint/Anthem.</p>

State’s Businesses Are Given a Lift by Voters;

November 4, 2004  ·  Consumer Watchdog

<h3>Companies, with the governor's help, win on referendums about health insurance and limits on lawsuits.</h3><p class="source">The Los Angeles Times</p> <p>Consumer activists were far from pleased with business' success at the polls this week. In particular, the expensive campaign in favor of Proposition 64 raised concerns that industry could simply buy the business climate it wants in California.</p>

Businesses hail Prop. 64 victory;

November 4, 2004  ·  Consumer Watchdog

<h3>Opponents call it a victory for polluters and scofflaws.</h3><p class="source">Sacramento Bee</p> <p>Opponents of Proposition 64 said the initiative really benefits big businesses that were flouting the law.</p>

A Victory for Special Interests

November 3, 2004  ·  Doug Heller

<font face="verdana,sans-serif" size="2">Arnold is claiming victory over the special interests today in the wake of results from his five main initiative campaigns. In those battles, he had $86 million on his side. It's incredible how...</font>

Lockyer launches insurance probe

November 1, 2004  ·  Consumer Watchdog

<p class="source">Contra Costa Times (California)</p> <p>Consumer watchdog Harvey Rosenfield alleges Spitzer's probe merely exposed decades of corruption that plagued the industry while government regulators and prosecutors did nothing.</p>

Political Trick or Special Interest Treat?

October 29, 2004  ·  Doug Heller

<font face="verdana,sans-serif" size="2">Arnold claims that he is going to "scare the special interests" during his statewide tour on Halloween. Scare them. With what? The $37 million in special interest money he has received...</font>