“Vote YES on 45″ November 4, 2014
Insurance Commissioner Dave Jones at Press Conference March 7, 2013
http://www.latimes.com/business/hiltzik/la-fi-mh-why-healthcare-costs-20141001-column.html (Please read)
March 7, 2013 I was invited to speak, as a consumer, at a press conference conducted by Insurance Commissioner Dave Jones. Commissioner Jones spoke against unjustified rate hikes by Blue Shield of California based on a study by Insurance Department analysts. I was one of two subscribers chosen to speak of the constant hikes in our Blue Shield policies. Unfortunately, the Commissioner , who has the ability to review and reject unjustified rate hikes for every other type of insurance, including automobiles, does not have the right to do the same for health insurance. The reason is because the health insurance lobby pays a lot of money to your representatives to vote against consumer interests in regard to insurance rates.
“Justify” is the name of the current campaign for the consumer friendly Proposition 45 which will grant the Insurance Commissioner the right to deny health insurers the ability to implement unjustified premium hikes. The Insurance companies are currently running misleading ads on this proposition with no factual basis, in an attempt to trick the consumer into voting against their own interests . Do not be fooled. Please take a few minutes to view the links with the actual content of Proposition 45. Please turn out to vote because the other side will vote. This proposition will save consumers as a group millions of dollars in future unjustified insurance premium rate hikes. Blue Shield has already sent out on their ominous letters warning of “changes” to health plans, coming in 2015 (this is code for rate hikes)!
This is posted from a comment in the L A Times on 2013 health insurance premium increases. “Health Insurance has a license to steal until the Insurance Commissioner can deny unreasonable rate increases.” LA Times Editorial Board “As of 2014, the health care reform law will require all adult Americans to obtain health coverage. Regulators ought to have the power to stop insurers from gouging the captive market.” So do not be fooled by the LA Times and other papers dependent on the insurers for advertising dollars now urging consumers to vote against their own interests. Do not be fooled. Our Insurance Commissioner Jones is a consumer advocate. He works for us. Give him the power to smack down the insurance lobby!” VOTE YES on 45.
“In 2008 Aetna Healthcare paid their CEO over $24 Million in salary and bonuses. Blue Shield also has a “Foundation” that gives away money, services and who knows what else. Of course this nice sounding, charitable “Foundation” is funded by every paying Blue Shield member, whether they like it or not.” I will add “non profit” Blue Shield has little left to donate at the end of the fiscal year because their CEO makes 4.6 million per year.
More information is available to consumers at the links below: