Tag Archives: insurance reform

Ezra Klein reads Whatever Works – or – I guessed right

. . . . earlier today, I posted this:

I’ve just begun listening to today’s oral arguments in the Supreme Court – up first is the US Solicitor General. And he is just terrible. He is so so terrible. I haven’t heard a single legal argument from him yet, it’s all defensive. He’s halting and gets a bit off track. Yikes.

Shortly afterward, I posted this:

As they say “Now I’m  no lawyer”, but it just sounded like Breyer in his questioning was actually providing some of the reasoned argument one would expect from the SG.

And now I am looking at Ezra Klein’s Twitterfeed (he writes the Wonk Blog at The Washington Post) and look what he is saying.

We have the best health care system in the world dammit

Cute.

Blue Shield of California seeks rate hikes of as much as 59% for individuals

“Another big California health insurer has stunned individual policyholders with huge rate increases — this time it’s Blue Shield of California seeking cumulative hikes of as much as 59% for tens of thousands of customers March 1. Blue Shield’s action comes less than a year after Anthem Blue Cross tried and failed to raise rates as much as 39% for about 700,000 California customers.

San Francisco-based Blue Shield said the increases were the result of fast-rising healthcare costs and other expenses resulting from new healthcare laws.

. . . Nearly 1 in 4 of the affected customers will see cumulative increases of more than 50% over five months. . . Michael Fraser, a Blue Shield policyholder from San Diego, learned recently that his monthly bill would climb 59%, to $431 from $271. “When I tell people, their jaws drop and their eyes bug out,” said Fraser “

We don’t need no stinkin’ reform

From the Washington Post today:

Anthem Blue Cross withdraws big CA rate hike

The Associated Press  Friday, April 30, 2010; 2:17 AM

 LOS ANGELES — Insurance giant Anthem Blue Cross, the company criticized by President Barack Obama when it proposed raising rates for Californians by as much as 39 percent, withdrew plans for the proposed hike Thursday.

Los Angeles-based Anthem made the decision after an independent audit determined the company’s justification for raising premiums was based on flawed data, state Insurance Commissioner Steve Poizner said.

The decision also came one day after Anthem’s parent, Wellpoint, Inc. of Indianapolis, announced its first-quarter profit soared by 51 percent.