Insurance

Blue Cross of California’s March 31, 2004 Filing with DMHC

June 18, 2004  ·  Consumer Watchdog

<!-- excerpt --><p>According to company filings with the state regulators, Blue Cross of California has more than $1 billion in premium funded reserves in jeopardy under the terms of the pending merger between Blue Cross' parent company, WellPoint, and Anthem Inc.</p>

CalPERS opposes WellPoint-Anthem deal, calls for proxy fight

June 14, 2004  ·  Consumer Watchdog

<p class="source">Associated Press</p> <p>"Hundreds of millions of dollars in pay-outs to HMO executives would undermine patient care and the stability of the merged company," said Jerry Flanagan of the Foundation for Taxpayer and Consumer Rights.</p>

RISKY BUSINESS;

June 13, 2004  ·  Consumer Watchdog

<h3>MORE SMALL-BUSINESS OWNERS, SELF-EMPLOYED GOING WITHOUT HEALTH CARE INSURANCE</h3><p class="source">The Daily News of Los Angeles</p> <p>"What we need to have is a baseline health insurance plan that's affordable and provides quality care without being too watered down," said Jerry Flanagan, health care advocate with FTCR.</p>

Doctor Seeks Waiver from Treating Malpractice Lawyers

June 10, 2004  ·  Consumer Watchdog

<p class="source">Morning Edition - National Public Radio (NPR)</p> <p>A South Carolina doctor is asking the American Medical Association to approve as ethical a policy that would permit doctors to refuse treating medical malpractice lawyers. The proposal demonstrates how heated the debate over medical malpractice has become</p>

Concern Voiced on HMO Merger;

June 10, 2004  ·  Consumer Watchdog

<h3>Proposed takeover of WellPoint by Anthem 'is not in the best interest' of Californians, state insurance chief says.</h3><p class="source">Los Angeles Times</p> <p>"Gov. Schwarzenegger and state regulators have failed to adequately address serious questions about how the proposed merger will affect patient care," said Jerry Flanagan of FTCR. "The merger must be delayed until those questions are answered."</p>

Calif. hearings may stall WellPoint-Anthem deal

June 10, 2004  ·  Consumer Watchdog

<p class="source">Reuters</p> <p>"The merger should be delayed until these questions are answered," Flanagan [of FTCR] said."It's becoming unlikely this will be worked out by the 28th.</p>

Anthem merger runs into roadblock;

June 10, 2004  ·  Consumer Watchdog

<h3>Delay in deal possible after California's chief says it isn't in state's best interests.</h3><p class="source">The Indianapolis Star</p> <p>The hearing ocurred the day after a California consumer group, FTCR, released a WellPoint document that shows 293 of its executives and managers could reap more than $500 million in merger bonuses, termination payments and stock option gains within three</p>

Consumer Watch – Changing carriers shouldn’t have to mean trashing old cell phone

June 9, 2004  ·  Consumer Watchdog

<p class="source">Philadelphia Inquirer</p> <p>FTCR, a consumer organization in California took the campaign a step further this week. It filed a lawsuit in state court there against three national carriers that use compatible technology but routinely "lock" their phones to prevent them from being act</p>

FTCR’s “Friend of the Court” Brief for Poirer v. State Farm Insurance

June 9, 2004  ·  Consumer Watchdog

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Handset-locking lawsuit expected

June 7, 2004  ·  Consumer Watchdog

<p class="source">RCR Wireless News</p> <p>The suit, which claims the three wireless carriers violated the California Unfair Business Practices Act, seeks to halt a practice known as handset locking and to compensate consumers.</p>

INSURANCE BILL DRAWS COMPLAINTS;

June 6, 2004  ·  Consumer Watchdog

<h3>CRITICS SAY LEGISLATION'S LANGUAGE IS TOO BROAD TO PROTECT CONSUMERS</h3><p class="source">Charlotte Observer (North Carolina)</p> <p>North Carolina lawmakers introduced legislation Wednesday intended to protect consumers who only ask their insurance company a question but get tagged as filing a claim. However, consumer advocates said the bill is so broad that it doesn't do a bit of goo</p>

CALIFORNIA EXECUTIVE PAY REPORT – Big Perks Put Seven CEOs in a Whole ‘Other’ Club;

June 6, 2004  ·  Consumer Watchdog

<h3>Insurance, forgiven loans, corporate jet travel and 'gross-ups' are key features of their million-dollar packages.</h3><p class="source">Los Angeles Times</p> <p>"I think even Caesar had to pay taxes," said Jamie Court, president of the Foundation for Taxpayer and Consumer Rights in Santa Monica. "We've now outdone the Romans in pandering to the guys at the top."</p>