Insurance

Policyholders Struggle to Pay Covered California Premiums

Submitted by Eddie Barrera on Tue, 06/02/2015 - 10:44

A Kaiser Family Foundation survey showing that 44 percent of Covered California policyholders have difficulty paying health insurance premiums is yet more evidence that California needs health insurance rate regulation. 

In addition to cost hardships for those currently insured, more than 40 percent of uninsured adults said they don’t have insurance because of the high cost of coverage, the report added.

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Insurance Commissioner Next for Sen. Ed Hernandez?

Submitted by Eddie Barrera on Mon, 06/01/2015 - 15:02

San Gabriel Valley Democrat Ed Hernandez might have opened a committee to raise money for a lieutenant governor campaign in 2018, but it's more likely that the state senator runs for Insurance Commissioner. By mid-April, ten candidates had opened committees to run for lieutenant governor in 2018, five Republicans and five Democrats.
 

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Anthem Overcharging Consumers Another $33 Million For Health Insurance

Submitted by Carmen Balber on Wed, 04/22/2015 - 15:02

Anthem Blue Cross has, once again, failed to justify a rate increase on consumers, overcharging policyholders $33 million that California’s Insurance Commissioner should have the power to reject. 

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Blue Shield of California Loses Its Non-Profit Tax Status

Submitted by Eddie Barrera on Thu, 03/19/2015 - 15:00

National radio host Norman Goldman and Consumer Watchdog President Jamie Court talk about how Blue Shield has finally had their "non-profit" tax status revoked in California and why other corporations like them should have their status removed as well.

http://www.consumerwatchdog.org/sites/default/files/resources/podcast_3-...

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KCBS TV-2 Los Angeles - California Strips Blue Shield Of Tax-Exempt Status

Submitted by Eddie Barrera on Mon, 03/09/2015 - 15:00

Source:

KCBS TV-2

Los Angeles State officials have stripped Blue Shield of California of its tax-exempt status, an exemption the nonprofit health insurer has held since its founding in 1939. The decision could put Blue Shield on the hook for tens of millions of dollars in state taxes each year.

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Mercury Insurance's String of Court Losses Continues

Submitted by Eddie Barrera on Thu, 01/22/2015 - 14:00

National radio host Norman Goldman and Consumer Watchdog President Jamie Court discuss the Sacramento Superior Court decision to reject an attack by Mercury and other insurance companies on state regulations that prevent insurance companies from making their policyholders pay for non-insurance expenses like political lobbying and sporting event sponsorships.

http://www.consumerwatchdog.org/sites/default/files/resources/podcast_1-...

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