Consumer Watchdog Campaign: Consumer Advocates, Patients Deliver Blank Check to Health Insurers Representing the Hundreds Of Millions More Patients…
Targeted News Service |
Consumer Watchdog Campaign: Consumer Advocates, Patients Deliver Blank Check to Health Insurers Representing the Hundreds Of Millions More Patients Will Pay for their Health Insurance Starting
Consumer advocates and patients facing
One million Californians - the "May Million" - will pay premium increases as high as 20% for their health insurance with
This week,
In her comments to investors Braly said
Wellpoint's 1st quarter financial report notes that medical costs increased just 4.8%, but
Consumer Watchdog Campaign, and supporters including U.S. Senator
The ballot initiative, the "Insurance Rate Public Justification and Accountability Act:" Requires health insurance companies to publicly disclose and justify, under penalty of perjury, proposed rate changes before they take effect. Makes every document filed by an insurance company to justify a rate increase a public record, and requires public hearings on some proposed rate increases. Gives Californians the right to challenge excessive and unfair premium rate increases. Prohibits health, auto and home insurers from considering Californians' credit history or prior insurance coverage when setting premiums or deciding whether to offer coverage. Gives the insurance commissioner authority to reject unjustified health insurance rate increases.
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