Tag:

insurance rate hikes

Latest Headlines

Latest Headlines

Consumer group pushes for rate reg on ballot

California insurers may have another fight on their hands as Consumer Watchdog is trying to revive the rate regulation discussion. The consumer advocacy group is attempting to get an initiative known

Wellmark faces angry customers at rate hike hearing

Wellmark Blue Cross Blue Shield faced dozens of angry customers who grilled execs with pointed questions over premium increases. Wellmark, Iowa's largest health insurer, wants to raise premiums by

Is HHS bullying insurers into lowering premiums?

Here's the problem with the Department of Health & Human Services (HHS) rate review program: It's ineffective and useless. The agency has no actual authority to force an insurer to lower a

Blue Shield of California wants 59 percent rate hike; State wants a delay

Blue Shield of California is seeking to increase rates by as much as 59 percent starting March 1, but new Insurance Commissioner Dave Jones has called for the rate hikes to be delayed 60 days. The

HHS may extend rate reviews to large group market

After issuing the proposed rule for reviewing insurance rate increases, the Department of Health and Human Services still has some big decisions to make. Federal regulators will consider applying the

More state insurers need permission to raise rates

New York-based insurers must now ask for permission to raise rates on small group and direct pay plans. State accountants then will determine whether the hike is really needed and reasonable,

WellPoint: Rate hikes 'not an issue' in departure of Anthem Blue Cross president

Despite continued scrutiny surrounding California's largest health insurer, Anthem Blue Cross--which at one point this year was set to raise costs for individuals by as much as 39 percent --parent

SPOTLIGHT: State governors target premium rate reviews as Feds offer $1M per state

In New York, Gov. David Paterson signed into law legislation that restores--after a decade-long absence--the state's authority to stop health insurers from instituting what it considers to be

New York, Pennsylvania governors target premium rate reviews as Feds offer $1M per state

State and federal governments are daily tightening the screws on health insurers' ability to raise premiums, focusing on state rate reviews as the primary tool for ensuring that premiums are what

WellPoint to employ third-party rate-hike reviews as Sebelius urges state scrutiny

WellPoint Inc. in Indianapolis will undergo third-party reviews of its 2010 rate request filings, as well as probe why its actuaries didn't catch the mistakes found in its Anthem Blue Cross