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Insurers Are Fleecing Us Out of Billions While Congress Looks the Other Way

Wendell Potter | Posted 06.16.2014 | Politics
Wendell Potter

A year-long investigation by the Center for Public Integrity has revealed that health insurers may have fleeced taxpayers out of $70 billion in just five years.

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

Wendell Potter | Posted 06.09.2014 | 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.

Look Mom! I'm Insured! 10 Observations on Obamacare

Kimberly Krautter | Posted 05.31.2014 | Politics
Kimberly Krautter

Because of my income, I also wanted to compare Obamacare to the open market. Having read a lot of teeth-gnashing by people who felt cheated on both sides of the equation, I thought it was the responsible thing to do.

Don't Be Fooled by Latest Medicare Scare Campaign From an Insurance Front Group

Wendell Potter | Posted 03.29.2014 | Politics
Wendell Potter

Ads supposedly sponsored by the Coalition for Medicare Choices started appearing last week warning that seniors will face higher costs, fewer benefits and a loss of provider choice if Congress and the administration don't take action.

Sebelius Show Trial Highlighted Lawmakers in the Pockets of Insurance Companies

Wendell Potter | Posted 01.23.2014 | Politics
Wendell Potter

The truth these politicians want to obscure is that Obamacare is protecting their constituents from buying coverage that provides little to no shield against financial ruin. And that protection is something the insurance industry wants to get rid of.

Blue Cross Blue Shield "Bronze Plan" Faces Springfield Fight

David Ormsby | Posted 01.23.2014 | Chicago
David Ormsby

The Blues' and their "Bronze Plan" are in for a fight. While media coverage of the Illinois legislature's fall veto session has been dominated by p...

Tomorrow Is D-Day for Health Insurers: The Beginning of Disintermediation

Wendell Potter | Posted 11.30.2013 | Politics
Wendell Potter

I've often said that the Affordable Care Act is the end of the beginning of reform. Starting tomorrow, October 1, 2014, that law will signify the beginning of the end of the health insurance industry as we know it.

A New Health Insurance World Is on the Way

Wendell Potter | Posted 09.28.2013 | Politics
Wendell Potter

It is just a matter of time, no more than a few years, before we will be bidding farewell to the U.S. health insurance industry as we have grown to know it.

Dubious Connection To Congress Raises Questions

The Washington Post | Posted 05.07.2013 | Politics

On the same morning a congressional staffer told investors in a private call that odds were improving for a government decision that would help medica...

CEO Has A $323,000 Bill To Explain

AP | TOM MURPHY | Posted 03.04.2013 | Business

-- Health insurer Humana Inc. spent about $323,000 last year letting incoming CEO Bruce Broussard use company aircraft to commute to work. The Louis...

Health Insurance Companies Warming Up To Obamacare?

Jeffrey Young | Posted 03.13.2013 | Business
Jeffrey Young

The health insurance industry fought President Barack Obama's health care reform law tooth and nail during congressional debate in 2009 and 2010 and c...

New Scheme to Subvert Obamacare Would Hike Premiums for Many Consumers and Businesses

Wendell Potter | Posted 02.02.2013 | Politics
Wendell Potter

It's complicated -- so complicated that unless you are a reader of obscure insurance industry newsletters, you've probably never heard about this, even though it has the potential to cause the collapse of the exchanges and completely circumvent the intent of Congress.

The Usual Suspects Who Will Benefit From Gutting Obamacare Now Want You to Worry About 'Disruption'

Wendell Potter | Posted 01.19.2013 | Politics
Wendell Potter

Disruption. Get ready to hear that word many times in the coming weeks, especially if you hang out inside the Washington beltway.

How Insurers Are Cashing in on Medicare While Shunning Small Businesses and the Individual Market

Wendell Potter | Posted 12.29.2012 | Business
Wendell Potter

The big five health insurance companies have begun reporting their third quarter 2012 earnings and, so far, they are pleasing their shareholders with profits that are better than Wall Street expected.

Top Local Volunteer Projects On Make A Difference Day

Posted 10.27.2012 | Impact

Make A Difference Day, the nation’s largest day of service, activates millions of Americans to do outreach work in their local communities. The...

Revealed: The Best Health Care Plans

The Huffington Post | Catherine New | Posted 10.08.2012 | Money

The best private health care plans in the United States are run by nonprofit organizations, according to the latest survey published in the November i...

Surprise! A Nice Little Gift From ObamaCare Directly to Millions of Us

Wendell Potter | Posted 09.22.2012 | Politics
Wendell Potter

One of the reform law's most important provisions -- the one that that insurance firms and Wall Street despise most -- is the one that sets the minimum allowable medical loss ratio, effective last year, at 80 percent for policies sold to individuals and small businesses.

Why GOP Governors Will Embrace ObamaCare's Medicaid Expansion -- After the Election

Wendell Potter | Posted 09.15.2012 | Politics
Wendell Potter

Don't pay any attention to the votes and rhetoric coming out of Washington. Health care reform can turn out to be very profitable indeed for some of the GOP's biggest benefactors -- the giant insurance companies.

PHOTOS: Taste Of Chicago's Healthier, Guilt-Free Offerings

Posted 07.12.2012 | Chicago

Hitting up a Taste line doesn't have to hurt with your waistline. Humana, a sponsor of the annual Taste of Chicago food fest, has rounded up 27 me...

Don't Be Fooled By the Big Insurance Companies

Ethan Rome | Posted 06.12.2012 | Politics
Ethan Rome

Goodwill gestures aren't enforceable when you're sick. Insurance companies can't be trusted to behave as good actors unless laws are on the books to prevent them from being bad actors.

Guess Who Would Benefit From Privatizing Medicare?

Wendell Potter | Posted 08.04.2012 | Politics
Wendell Potter

If you think the idea of privatizing Medicare has gone away, that the health insurance industry has thrown in the towel on one of its biggest goals, there was fresh evidence last week that you would be wrong.

Coming Soon: The End of Health Insurers As We Know Them -- By Self-Inflicted Wounds

Wendell Potter | Posted 05.05.2012 | Politics
Wendell Potter

Now you know why more than 50 million of us are uninsured. It is not because most of those people are being irresponsible. Most of them either can't afford to buy coverage or can't buy it at any price.

Taking the Initiative in a Struggle Against Excessive Rate Increases

Wendell Potter | Posted 04.21.2012 | Politics
Wendell Potter

When insurers behave this way, they are demonstrating that they care more about their bottom lines than their policyholders. Which makes it all the more imperative for California voters to sign those petitions and vote for the ballot initiative this fall.

Shame on Humana for Banning Smokers From Employment

Liz Ryan | Posted 03.10.2012 | Business
Liz Ryan

Shame on Humana, and Geisinger Health Systems and yes, the American Lung Association, and any organization that contorts ethics and morality to believe its employees' daily habits are fair game for its scrutiny.

Insurer Profits Are Up In The Wake Of Health Care Law They Opposed

The Huffington Post | Alexander Eichler | Posted 01.06.2012 | Business

Since insurance companies undertook extensive lobbying efforts against health care reform -- spending millions in an attempt to derail the legislation...