Tag: insurance commissioner dave jones

Health insurance issues place regulators in a difficult position

Logan B.
health insurance exchange problems

Health insurance regulations continue to cause problems Insurance Commissioners throughout the U.S. have been placed in a difficult situation. Earlier this month, President Obama announced that insurance companies could continue to honor substandard health insurance policies rather than cancelling these policies because they do not comply with the standards of the Affordable Care Act. This is meant to create a transition period wherein consumers can have a reprieve from cancellations and insurers can better prepare to comply with federal law. The problem, however, is that many Insurance Commissioners have been…

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Health insurance policyholders gain a reprieve in California

Nordstrom
California Health Insurance

Health insurance cancellations continue to spark controversy The cancellation of health insurance policies throughout the U.S. has sparked serious controversy in recent weeks. Many insurers throughout the country have plans to cancel policies, preventing policyholders from renewing their policies on January 1, 2014. Insurers are cancelling policies that do not comply with the standards established by the Affordable Care Act. Those whose policies have been cancelled will be forced to purchase new health insurance coverage either from private companies or from state-based insurance exchanges. Anthem Blue Cross decides to extend…

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Stage set for health insurance brawl in California

S.Vagus
California health insurance

California regulator seeks to prohibit company from state’s health insurance exchange California’s health insurance exchange, called Covered California, may be set for some controversy courtesy of Insurance Commissioner Dave Jones. Commissioner Jones has made a somewhat unexpected move and has recommended that Anthem Blue Cross, one of the largest insurance companies in California, to be prohibited from participating in Covered California. Jones suggests that the company’s practices throughout the past have made it an unqualified candidate for the health insurance exchange. Commissioner Jones calls out Anthem Blue Cross for poor…

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Health insurance rate increase draws ire of California regulators

Logan B.
Dave Jones California insurance commissioner insurance industry rates

Dave Jones criticizes health insurance company for rate increases California Insurance Commissioner Dave Jones has strong criticism against some of the state’s health insurance companies this week. The Commissioner, who has long been wrestling with insurers over the cost of health insurance coverage, denounced Anthem Blue Cross for the company’s latest rate increase proposal. Jones calls the rate increase “excessive” and “unreasonable.” In the past, rate increases have been targeted mostly at consumers, but the latest increase from Anthem Blue Cross is aimed at small businesses. Rate increase targets small…

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Health insurance rates in California draw ire from regulators

Marc
California Health Insurance exchange popularity

Health insurance rates continue to grow in California Health insurance rates continue to climb in California, a fact that has the state’s Insurance Commissioner, Dave Jones, somewhat upset. Rates have been climbing at a rapid pace since 2010, after the Affordable Care Act was passed. In 2012, the federal law was upheld by the U.S. Supreme Court, which spurred many insurers to raise rates dramatically throughout the country. Insurance regulators have managed to keep some rate increases at bay, but California consumers continue to see the cost of their health…

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Health insurance refund checks circulating throughout California

Logan B.
California Health Insurance checks

Fake checks being issued to health insurance consumers Reimbursement checks from the California Department of Insurance have been circulating throughout the state. Many of these checks are in regards to health insurance, offering consumers refunds for their coverage or to help cover the cost of their health insurance policies. The checks have come as a surprise to many consumers throughout the state, also raising suspicion as the Department of Insurance had not informed consumers that they would be receiving these checks in any way. Insurance Commissioner Dave Jones has announced…

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Health insurance proposal could make coverage more expensive in California

Logan B.
California health Insurance payment

New proposal could make health insurance premiums spike A new proposal facing the California Legislature could split the state into six new financial regions that could have a profound impact on the cost of health insurance throughout the state. While state lawmakers have been working to make insurance coverage more affordable, the proposal may derail these efforts by making coverage considerably more costly for many consumers, according to the state’s Department of Insurance. Insurance Commissioner Dave Jones warns that introducing these new zones could make coverage nearly unattainable for a…

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