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Anthem Blue Cross

GOP Myth: Obamacare Is Driving Health Insurance Mergers

Wendell Potter | Posted 07.13.2015 | Politics
Wendell Potter

When the CEOs of Aetna and Humana announced a few days ago that they had agreed to a deal in which Aetna will pay $37 billion for Louisville-based Humana, Senate Majority Leader Mitch McConnell of Kentucky pointed the finger of blame straight at Obamacare.

Coming Health Insurer Mergers Will Costs Consumers -- and Jobs

Wendell Potter | Posted 07.06.2015 | Politics
Wendell Potter

Among the losers -- in addition to the people enrolled in the insurers' health plans -- will be many of the employees of the acquired companies, and taxpayers in the cities that come out on the short end of the stick when the combined companies decide where the corporate headquarters will be.

Jonathan Cohn

Why Obamacare Premiums Will Probably Rise More Quickly Next Year

HuffingtonPost.com | Jonathan Cohn | Posted 05.23.2015 | Politics

Premiums in the the Affordable Care Act’s new marketplaces rose more slowly in 2014 and 2015 than initial projections had suggested they would. ...

5 Identity Theft Facts That Will Terrify You

Adam Levin | Posted 05.21.2015 | Crime
Adam Levin

Identity theft was the number one consumer complaint at the Federal Trade Commission last year. So far in 2015, the data breach problem that drives so many identity-related crimes has gotten worse. The massive compromises at Anthem and Premera alone put a combined 91 million records in harm's way.

Why Health Insurers May Be Destined to Follow Blockbuster Into Irrelevance

Wendell Potter | Posted 05.04.2015 | Politics
Wendell Potter

Remember Blockbuster? In its heyday -- which wasn't so long ago -- Blockbuster had 60,000 employees and 9,000 locations. For most Americans, for a minute anyway, it was the place to rent a movie.

Will 2015 Be the Year of the Healthcare Hack?

Jason Glassberg | Posted 05.26.2015 | Technology
Jason Glassberg

Unless healthcare executives begin making significant changes now to their security setups, we could see many more breaches hit this industry.

Are You Your Own Worst Enemy When It Comes to Identity Theft?

Adam Levin | Posted 04.14.2015 | Technology
Adam Levin

In each of these instances, we leave ourselves vulnerable to those who consider the theft of our identity as their day job. We are also contributing our personal data to folks who are hoping to someday launch the equivalent of a denial of service attack on our economy to take us down.

Anthem Hack Exposes 80 Million Individuals: How to Protect Yourself

NextAdvisor.com | Posted 04.08.2015 | Technology
NextAdvisor.com

Health insurance provider Anthem announced late Wednesday, Feb. 4 that it had experienced a massive security breach which exposed the information of up to 80 million of its current and former customers, as well as employees.

Health Insurers' Stock Soars as They Dump Small Business Customers

Wendell Potter | Posted 03.28.2015 | Politics
Wendell Potter

Among those who apparently have not yet benefited much at all, at least so far, are owners of small businesses who would like to keep offering coverage to their employees but can no longer afford it. They can't afford it because insurers keep jacking their rates up so high every year that more and more of them are dropping employee health benefits altogether.

Picking Experts and the Quest for Great Weight Loss Surgery

Don McNay | Posted 01.28.2015 | Business
Don McNay

The best way to have a successful weight loss surgery is to treat it like a business project. I have definite goals, measurements, objectives, benchmarks, time frames and a vision on where I want to be within a year.

Health Insurers (and Their Shareholders) Win Midterm Election!

Wendell Potter | Posted 01.10.2015 | Politics
Wendell Potter

Insurers know the president won't allow the law to be repealed or even altered substantially, which will be good for future profits, and they also know they can count on the Republicans to push through legislation to get rid of the health plan tax and let them sell low-value policies again.

Insurers Spending Cash, Spreading Fear In High-Stakes California Showdown

Wendell Potter | Posted 01.03.2015 | Politics
Wendell Potter

As I predicted two months ago, California voters have been bombarded by a group with a consumer-friendly name warning that a vote for a ballot initiative tomorrow would allow "one politician" to "interfere" with their health care treatment options.

Other States Should Follow California's Lead in Providing Health Plan Ratings

Wendell Potter | Posted 12.21.2014 | Politics
Wendell Potter

Regardless of where you live, you should check out those rankings before selecting your insurance carrier for 2015. You'll find that, just as in California, the nonprofits lead the pack and the for-profits are eating their dust.

Big Insurance Companies Won't Be Big Insurance Companies Much Longer. Here's Why

Wendell Potter | Posted 11.22.2014 | Business
Wendell Potter

What Boeing is doing represents a seismic shift in health care financing and delivery that potentially will have more far-reaching effects than Obamacare, primarily because it is coming from the private sector, not the government.

Insurers Using Familiar Playbook to Protect Profits in California

Wendell Potter | Posted 11.02.2014 | Politics
Wendell Potter

For the next two months, Californians will to be subjected to a barrage of TV, radio and online ads, which, ironically, they unknowingly will be paying for with their health insurance premiums.

Skyrocketing Health Insurer CEOs' Paychecks Are "Crazy," Says Executive Comp Expert

Wendell Potter | Posted 08.09.2014 | Business
Wendell Potter

Almost all of the publicly traded health insurers reported big increases in revenue and profits last year. The big winners have been the top executives of those companies, led by Mark Bertolini, CEO of Aetna, the nation's third largest health insurer.

Health Insurers Using Playbook Again to Protect Profits at Expense of Consumers

Wendell Potter | Posted 07.12.2014 | Politics
Wendell Potter

About 35 states have given their insurance departments the legal power of prior approval of proposed health insurance rate changes. California is not among them, and advocates believe the state's residents are paying more for their health insurance coverage than necessary.

What's the Point, WellPoint? Could It Be to Satisfy Wall Street?

Wendell Potter | Posted 06.07.2014 | Politics
Wendell Potter

Executives at health insurance giant WellPoint are predicting they will have to implement "double-digit plus" rate increases next year, demonstrating once again just how politically tone deaf and profit-obsessed they apparently are.

Why I Will Not Buy Another Honda

Ira Israel | Posted 05.14.2014 | Business
Ira Israel

Brand loyalty is a commodity; making customers feel valued is an integral part of doing business in the new economy (in most economies, really) -- particularly when it is always possible to find competitive prices on the Internet.

Affordable Care Act

Ira Israel | Posted 10.21.2013 | Politics
Ira Israel

T.S. Eliot in "The Hollow Men" thought that the institutions of our society would transition "not with a bang but a whimper." I appreciate President Obama's intentions regarding health care but I fear that the Affordable Care Act might be that whimper.

Why No One Should Lose Sleep Because Big Insurers Are Taking a Pass on Exchanges

Wendell Potter | Posted 09.01.2013 | Politics
Wendell Potter

Some critics of the reform law are suggesting that if the big companies aren't willing to sell policies on all the exchanges, Obamacare is somehow fatally flawed. But I think we'll all be just as well off if the big companies stay out of the individual and small group market.

LA Makes Insurance Company Pay

AP | Posted 06.21.2013 | Los Angeles

LOS ANGELES -- The city attorney announced a $6 million settlement Thursday to resolve a lawsuit that alleged health insurer Anthem Blue Cross illegal...

Want To Stay Healthy? It's Going To Cost You

The Huffington Post | Alexander Eichler | Posted 05.29.2012 | Business

Medication is getting more expensive. And having insurance won't necessarily help you. A number of insurers, including Anthem Blue Cross and Aetna,...

There's a Sleeper in the Reform Law That Could Transform U.S. Health Care

Wendell Potter | Posted 07.29.2012 | Politics
Wendell Potter

CO-OPs could be one of the sleepers in the health care reform law that truly transforms how care is financed and delivered in this country. And they could even hasten the day when the big investor-owned corporations cede the marketplace to nonprofits and move on to other ways of earning a profit.

The Marie Antoinette of Health Insurance and How to Dethrone Her

Jamie Court | Posted 07.07.2012 | Politics
Jamie Court

Health insurance rates are like a runaway train and there's no police force or firefighting squad with the power to stop them. Thirty-five states require health insurance companies to get permission before raising rates, but not California.