iOS app Android app

Wellpoint

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.

GOP Divorced From Reality on Obamacare

Leo W. Gerard | Posted 07.12.2014 | Politics
Leo W. Gerard

Just last week, Republicans got caught in a lie about Obamacare very publicly -- at their own hearing on Obamacare. As failed GOP presidential wannabe Rick Perry would say, "Oops."

Insurance Data Debunks GOP Talking Point

The Huffington Post | Emily Cohn | Posted 05.07.2014 | Business

The latest Republican attack on Obamacare has just been debunked. A high percentage of enrollees in the Affordable Care Act, President Barack Obama...

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.

Jeffrey Young

These Health Insurance Companies Are Winning At Obamacare

HuffingtonPost.com | Jeffrey Young | Posted 01.27.2014 | Business

A central promise of Obamacare was to spur competition between insurance companies to drive down health care costs and give consumers more choices. Th...

Jeffrey Young

Obamacare Glitches Forced Woman To Postpone Cancer Surgery

HuffingtonPost.com | Jeffrey Young | Posted 01.25.2014 | Business

UPDATE: 5:02 p.m. -- After the publication of this article, K.C. Handler received confirmation from Memorial Sloan-Kettering Cancer Center that her An...

Despite Critics' Claims, Medicaid Expansion Won't Lead to Catastrophe

Wendell Potter | Posted 03.08.2014 | Politics
Wendell Potter

Reform advocates have long suggested that getting folks out of the ranks of the uninsured should cut down on visits to the ER for noncritical medical care. An Oregon study, which was published in the journal Science, would seem to disprove that theory.

Like WellPoint in 2010, GOP Overreach Making Obamacare a Reality That's Not Going Away

Wendell Potter | Posted 12.14.2013 | Politics
Wendell Potter

The botched attempt to inflict mortal wounds to the health care law, which all but assures that it will be implemented as planned, reminded me of another moment when reform opponents fumbled at a critical time.

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.

Jeffrey Young

How Health Insurance Giants Can Avoid Obamacare Regulations For A Whole Year

HuffingtonPost.com | Jeffrey Young | Posted 04.03.2013 | Business

Health insurance companies are looking to put off complying with health care reform rules that guarantee basic benefits and consumer protections -- an...

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.

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.

Women Computer Scientists -- Yes, They Exist!

Penny Herscher | Posted 12.04.2012 | Technology
Penny Herscher

We all know the about the stereotypical hot start-up out of Silicon Valley led by some twenty-something white guy but we don't hear much about women entrepreneurs, computer scientists, researchers and business leaders in tech. How come?

Jeffrey Young

Health Insurance Companies Join Forces To Seize On Obamacare Opportunities

HuffingtonPost.com | Jeffrey Young | Posted 08.20.2012 | Business

Health insurance companies bitterly opposed the health care reform law but, as the merger between Aetna and Coventry Health Care announced Monday show...

Why You Should Be Sick of Secret Health Insurer Politicking

Jack Ucciferri | Posted 10.07.2012 | Politics
Jack Ucciferri

The majority of Americans believe that secret corporate money in politics is a bad thing for democracy, but what about the real life (and death) impacts on the millions of people who passively own part of the company and/or purchase its services?

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.

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.

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.

An Investor Perspective: WellPoint's Political Disclosure Controversy

Jack Ucciferri | Posted 07.21.2012 | Business
Jack Ucciferri

By the nature of WellPoint's core business, it is connected to some of the most intimate moments in its clients' lives. WellPoint is in a risky business and by not being fully transparent about how they participate in politics, they amplify their risks even more.

'Tis the Season of the Shareholders

Nell Minow | Posted 05.14.2012 | Business
Nell Minow

There are moral hazards and agency costs in the allocation of corporate funds. Experience has shown that executives will support policies that diminish shareholder returns. The term "capitalism" refers, after all, to the providers of capital.

Ex-Tyco Executive Who Looted Company Now Says He's Owed $60 Million

The Huffington Post | Harry Bradford | Posted 05.09.2012 | Business

Even after being convicted for bilking his former employer for millions, one ex-executive is suing the company from behind bars, claiming he's still o...

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.

Health Insurer CEOs' Big Paychecks Are Latest Target of Outraged Shareholders

Wendell Potter | Posted 06.23.2012 | Business
Wendell Potter

During all of my years of helping plan Cigna shareholder meetings, we had an unblemished string of non-events. Relatively few of the big-profit insurers have had to cope with contentious shareholder meetings. Those days are over.