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insurance rates

Latest Headlines

Latest Headlines

Anthem rate hike 'unreasonable,' California regulators say

The California Department of Managed Health Care is calling Anthem Blue Cross's 16 percent rate increase affecting 120,000 individual customers "unreasonable," but said it can't stop the insurer from

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

'Medical mill' billing scams on the rise

Excessive billing and treatment by fraudulent 'medical mills' has jumped a whopping 42 percent in New York, resulting in increased insurance rates, according to the New York Alliance Against

Consumer Watchdog targets 10 'loopholes' in health reform law

President Obama and Congress should take action on 10 "loopholes" in the federal health reform law, or insurers and drug companies will exploit them to raise prices, says the Washington, D.C.-based

Limited competition puts insurers in the driver seat

Competition is all but a fading memory in many U.S. health insurance markets, allowing many insurers both to employ aggressive pricing strategies and to cut existing customers to boost profit

Health insurer financial records subpoenaed in rate hike probe

The seven largest health insurance companies in California have until March 8 to deliver subpoenaed financial records and other documents to the state Attorney General Jerry Brown. The records will

SPOTLIGHT: WellPoint's Braly calls raised premiums 'prudent'

WellPoint president Angela Braly told a Congressional committee yesterday that the recent rise in premium hikes by Anthem Blue Cross, a WellPoint subsidiary, was not something she or the company

Anthem Blue Cross takes a grilling in Calif., plans to push forward with rate hikes

After undergoing a tough grilling by California lawmakers this week, Wellpoint's Anthem Blue Cross says it California-based premium increases of up to 39 percent are fair and legal, and plans to make

SPOTLIGHT: Anthem Blue Cross in hot water for more than 700 state violations

The fun continues for California health insurer Anthem Blue Cross. After being highly scrutinized for announcing plans to hike premium rates for some members by as much as 39 percent , the insurer now

Feds seek oversight of insurers' rate increases

Zeroing in on public outrage about planned double-digit rate hikes by Anthem Blue Cross and other health insurers, the Obama administration wants the federal government to have the power to conduct