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Tag: Insurance


StockMonkeys.com (CC BY 2.0)

Insurance Industry Is Taking Climate Change Seriously

Now that it’s paying an average of $50 billion a year in weather- and climate-related losses, the insurance industry has become a believer in global warming.

Posted on Dec 15, 2012 READ MORE



Screenshot via Progressive website

Progressive Settles After Terrible Insurance Tale Goes Viral

Progressive has settled with the family of a policyholder that claimed the insurance company defended her killer, but the deal came about only after the truly awful story made its way around the Internet.

Posted on Aug 17, 2012 READ MORE



Flickr / woodleywonderworks

Big Finance Argues Its Irrelevance

Don’t mistake the claims of relative unimportance coming from the big shots on Wall Street before an audience of federal regulators over the past several months for some sort of newfound humility. (more)

Posted on Jun 12, 2011 READ MORE  |  4 COMMENTS



Flickr

Health Insurers Reaping Record Profits

The health insurance industry is raking in profits on the backs of consumers who are increasingly forgoing medical care due to economic concerns, though that hasn’t stopped big insurers from drastically raising premiums. (more)

Posted on May 14, 2011 READ MORE  |  31 COMMENTS



flnd.uscourts.gov

Another Federal Judge Challenges Health Care Law

On Monday, another federal judge from our nation’s south made a bid to squelch President Obama’s big health care win from last year by arguing that the mandatory health insurance component of the law makes the whole thing unconstitutional.

Posted on Jan 31, 2011 READ MORE  |  35 COMMENTS


Faces of Economic Death

If you’ve turned on the tube these last few weeks, you’ve probably been a collateral casualty of the biggest televisual war of attrition in recent memory.

Posted on Dec 24, 2010 READ MORE  |  37 COMMENTS



AP / Susan Walsh

Wendell Potter on ‘Deadly Spin’

The health industry spinmaster-turned-whistle-blower says the consumer is funding the industry’s smear campaigns: “A big portion of what we spend or pay in premiums is skimmed off to operate and conduct these fear-mongering and anger-mongering campaigns.”

Posted on Nov 30, 2010 READ MORE



AP / Susan Walsh

Wendell Potter on ‘Deadly Spin’

The health industry spinmaster-turned-whistle-blower says the consumer is funding the industry’s smear campaigns: “A big portion of what we spend or pay in premiums is skimmed off to operate and conduct these fear-mongering and anger-mongering campaigns.”

Posted on Nov 30, 2010 READ MORE  |  9 COMMENTS



White House / Pete Souza

GOP Plotting to Undercut Health Care Reform

The ink has dried on President Obama’s much ballyhooed health care reform bill—that’s “Obamacare” for all the haters—but according to select scheming members of the GOP, the fight might not be over yet on this one.

Posted on Sep 7, 2010 READ MORE  |  13 COMMENTS


wikileaks icon
wikileaks.org

Pentagon Clamps Down on Wikileaks

The Pentagon attempted to reassert control in its power struggle with WikiLeaks on Thursday by demanding that the online whistle-blower relinquish about 15,000 unreleased Afghan war records and delete information already posted to the site.

Posted on Aug 5, 2010 READ MORE  |  7 COMMENTS



AP / Mark Lennihan

AIG Settles for $725 Million

American International Group, 80 percent owned by the U.S. government, has announced it will pay out $725 million in a settlement of a securities fraud lawsuit, begun in 2004, that accused the insurance Gargantua of accounting fraud and stock manipulation.

Posted on Jul 16, 2010 READ MORE  |  3 COMMENTS


The Bad News

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Posted on Apr 25, 2010 READ MORE        


Denied

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Posted on Mar 24, 2010 READ MORE  |  10 COMMENTS


Obama Asks Fox News to Stop Interrupting

The president took a break from leaning on House members Wednesday to pitch his health care plan to Fox News. Things got a little testy, but Fox’s Bret Baier ended up apologizing for interrupting so much.

Posted on Mar 17, 2010 READ MORE  |  15 COMMENTS


Kucinich

How the Public Option Can Be Saved

If the politics behind the health care reform bill and the current tide of resentment against Dennis Kucinich for being the public option’s last holdout leave you a bit mystified, Firedoglake’s Jane Hamsher might be able to help you out, judging by this interview with Ian Masters.

Posted on Mar 16, 2010 READ MORE  |  6 COMMENTS


mandvi

Captain Moneybags Crashes Health Execs’ Party

How are those poor, downtrodden and hurting health care executives supposed to recover from ... billions in profits? Double-digit percentage hikes for the captive audience known as their paying customers? Captain Moneybags brings his “Daily Show” camera crew to investigate ... (continued)

Posted on Mar 16, 2010 READ MORE  |  4 COMMENTS


Rising Health Care Costs

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Posted on Mar 14, 2010 READ MORE  |  1 COMMENT



AP / Jason Reed, pool

Kucinich: ‘Heads They Win, Tails We Lose’ (Update: Transcript)

Rep. Dennis Kucinich tells us why he isn’t buckling under pressure to vote for the president’s health care reform bill: “Every plan that’s put forth by our government ends up benefiting the health insurance industry.”

Posted on Mar 9, 2010 READ MORE  |  43 COMMENTS



AP / Jason Reed, pool

Kucinich: ‘Heads They Win, Tails We Lose’

Rep. Dennis Kucinich tells us why he isn’t buckling under pressure to vote for the president’s health care reform bill (“Every plan that’s put forth by our government ends up benefiting the health insurance industry”).

Posted on Mar 9, 2010 READ MORE  |  1 COMMENT


Obama
White House / Pete Souza

Obama Debuts Health Care Reform Plan, Sans Public Option

Here we go again. In preparation for this week’s health care summit on Capitol Hill, President Barack Obama has unveiled his own plan for reforming America’s ailing system, which includes a mandate for consumers to buy insurance and doesn’t include a public option.

Posted on Feb 22, 2010 READ MORE  |  18 COMMENTS


Anthem Customer Service

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Posted on Feb 21, 2010 READ MORE


Blankfein
AP / Mark Lennihan

Goldman’s Hand in AIG’s Collapse

Recently disclosed internal documents and an audio recording regarding a 2008 securities standoff between Goldman Sachs and insurance giant AIG appear to be the smoking guns necessary to pinpoint Goldman’s culpability in the mortgage meltdown and the collapse of AIG.

Posted on Feb 6, 2010 READ MORE  |  11 COMMENTS


How to Fix Health Care After Massachusetts

We can still have health care reform in America. We need to take a short-term and a longer-term view.

Posted on Feb 4, 2010 READ MORE  |  38 COMMENTS



Flickr / edEx

First-Time Jobless Claims Jump Again

Another indicator that Congress needs to get to work on the country’s pressing unemployment problem came in the form of a Labor Department report showing a spike in the number of first-time filers for unemployment benefits last week, according to The Associated Press.

Posted on Feb 4, 2010 READ MORE  |  3 COMMENTS


U.S.-China trade toast
AP / Eugene Hoshiko

Don’t Blame China

The Chinamen did it. In the great American tradition of finding foreign scapegoats for our problems, the hunt is on to somehow hold China responsible for the misery that Wall Street financiers inflicted upon the world.

Posted on Jan 12, 2010 READ MORE  |  37 COMMENTS


Health Care Reform: Easier Than It Looks

There is broad agreement on the kinds of concessions the Senate can make to the House and still preserve the 60 votes needed for passage of a unified health care reform bill.

Posted on Jan 10, 2010 READ MORE  |  13 COMMENTS



White House / Pete Souza

Rep. Cummings Wants Geithner to Testify About N.Y. Fed-AIG E-Mails

Back in 2008, when Treasury Secretary Timothy Geithner was just the lowly president of the New York Federal Reserve, he was involved in some interactions with embattled insurance giant AIG that apparently resulted in AIG withholding important information from the public. Now Geithner’s under pressure from at least one concerned member of Congress to testify about this matter.

Posted on Jan 8, 2010 READ MORE  |  4 COMMENTS



White House / Pete Souza

It’s Not Too Late to Mend the Ailing Health Care Bill

The flawed health care bill could still be improved if the president would stand up to the insurance companies that have, so far, been the most powerful force shaping reform.

Posted on Dec 29, 2009 READ MORE  |  62 COMMENTS


Obama
AP / Susan Walsh

Dear Barack, Spare Me Your E-Mails

Obama’s faux populism is beginning to grate, and when yet another one of those “we the people” e-mails from the president landed on my screen as I was fishing around for a column subject, I came unglued.

Posted on Dec 9, 2009 READ MORE  |  368 COMMENTS


Like It or Not, Health Care Mandate Is Constitutional

Law students may debate whether Congress has the right to mandate health insurance, but in the real world, it’s not a big worry.

Posted on Nov 24, 2009 READ MORE  |  26 COMMENTS



Flickr / Rosser321

Uninsured Twice as Likely to Die in ER

A new Harvard study has uncovered another disturbing reality of America’s broken health care system: Trauma patients without insurance are almost twice as likely to die in the emergency room. Researchers were unable to determine why, but hospitals’ eagerness to transfer the uninsured could be to blame.

Posted on Nov 16, 2009 READ MORE  |  13 COMMENTS


Playing Monopoly With America’s Health

Anyone infuriated by the grossly inflated compensation of the masters of finance should check out the incredible earnings of the top executives in the health insurance business.

Posted on Oct 21, 2009 READ MORE  |  49 COMMENTS


health care signs
AP / Lynne Sladky

Real Talk on Health Reform

President Barack Obama has finally put into words what everyone already knows: that insurance companies are “deceptive and dishonest” in their efforts to kill any semblance of health care reform, no matter the cost. Now let’s see if he does anything with this knowledge.

Posted on Oct 17, 2009 READ MORE  |  21 COMMENTS


Diagnosis

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Posted on Oct 14, 2009 READ MORE


Olympia Snowe
AP / Charles Dharapak

Snowe Helps Baucus Bill Pass Committee Hurdle

Maine’s Olympia Snowe explained her vote for health care reform by saying “when history calls, history calls.” It called, she answered, and now the Senate Finance Committee’s Baucus bill, which would force Americans to buy health insurance without offering a public option, is off to get married to the more progressive Health, Education, Labor and Pensions Committee bill.

Posted on Oct 13, 2009 READ MORE  |  8 COMMENTS



AP / Pablo Martinez Monsivais

Bribe, Vote, Repeat

The votes of lawmakers are so routinely purchased by corporations that it takes a scandal of unusual proportions to generate news coverage.

Posted on Oct 12, 2009 READ MORE  |  111 COMMENTS


Keith Olbermann: Saving American Lives

The “Countdown” host, having just emerged from a personal encounter with the system, pulls out all the stops for a special hour-long comment on the need for health care reform.

Posted on Oct 7, 2009 READ MORE  |  47 COMMENTS



AP / Jae C. Hong

The Missing Health Care Debate

One way to give people a good deal on their health care is the so-called public option. A better way is the kind of strong regulation that isn’t even being discussed.

Posted on Oct 5, 2009 READ MORE  |  66 COMMENTS


Frist
Wikimedia Commons/senate.gov

Frist Supports Health Bill

Good to know there are some seemingly dyed-in-the-wool GOP types who are at least partly open to some of the health care reform proposals knocking around the halls of Congress. Count among that tiny minority the former Senate Republican chief Bill Frist, who says he’d vote for the measure despite its shortcomings.

Posted on Oct 2, 2009 READ MORE  |  6 COMMENTS


Health Reform Money Is Aimed at Red States

Sen. Max Baucus’ health care plan would shift massive amounts of tax money away from traditionally blue states.

Posted on Sep 24, 2009 READ MORE  |  11 COMMENTS


A Clunker, Not a Cadillac

Finally, a health care proposal George W. Bush could love. Sen. Max Baucus’ idea to tax “Cadillac” insurance plans has been pushed by Republicans for years.

Posted on Sep 21, 2009 READ MORE  |  6 COMMENTS


AIG sign
visitbulgaria.info

AIG on the Mend?

After narrowly escaping catastrophe during the financial implosion that began last fall, American International Group—otherwise known as AIG—is leveling out, according to a cautiously optimistic new report from Congress’ Government Accountability Office.

Posted on Sep 21, 2009 READ MORE  |  2 COMMENTS


Olympia Snowe
AP / J. Scott Applewhite

Talk of Bipartisanship Is Now Thoroughly Warped

All of the health bills on offer, even the supposedly “liberal” House bill, are already centrist compromises built on a private health insurance market. Above, Olympia Snowe, who may turn out to be the single Senate Republican voting for reform.

Posted on Sep 21, 2009 READ MORE  |  20 COMMENTS


Bill O'Reilly

Bill O’Reilly Wants a Public Option

Bill O’Reilly says of the very public option that makes his Foxy friends’ heads explode: “I want that. ... [I]f the government can cobble together a cheaper insurance policy that gives the same benefits, I see that as a plus for the folks.” Quick, look out your window to see the flying pigs.

Posted on Sep 17, 2009 READ MORE  |  6 COMMENTS



finance.senate.gov

Baucus Bill Lands With a Whimper

Sen. Max Baucus bent over backward to please Republicans with his insurance-friendly vision of health care reform, which forces everyone to buy private insurance and has no public option, but the very Republicans he negotiated with now won’t have anything to do with the bill.

Posted on Sep 16, 2009 READ MORE  |  16 COMMENTS


Obama
AP / Charles Dharapak

Obama’s Presidency Isn’t Too Big to Fail

A president has only so much capital to expend, both in tax dollars and public tolerance, and Barack Obama is dangerously overdrawn. He has tried to have it all on three fronts, and his administration is in serious danger of going bankrupt.

Posted on Sep 15, 2009 READ MORE  |  266 COMMENTS


Obama speech
YouTube / BarackObamadotcom

Fact-Checking Obama’s Health Care Speech

When emotions run high about certain hot-button issues, good judgment can fall by the wayside, and facts can get lost in the shuffle. Luckily, the helpful researchers at FactCheck.org are around to round them up again, as they’ve done here with President Obama’s health care speech.

Posted on Sep 11, 2009 READ MORE  |  6 COMMENTS


President Obama
White House / Pete Souza

Insurance Stocks Rise After Obama Speech

Remember President Obama’s reference during his health care address to “Wall Street’s relentless profit expectations”? Well, those expectations were apparently met by that same address. Insurance company stocks got a boost from the speech, which foreshadowed the death of the public option and promised to deliver millions of currently “irresponsible” customers.

Posted on Sep 10, 2009 READ MORE  |  12 COMMENTS


A 9/11 Debt Still Unpaid

Thousands of those who descended on lower Manhattan after the terrorist attack were not cops or firefighters, and didn’t have the safety nets those jobs provide.

Posted on Sep 9, 2009 READ MORE  |  7 COMMENTS


Obama health care

Obama’s Choice: Is It Really Such a Tough Call?

Sure, being POTUS is tough sometimes, and you’re bound to royally tick off a large percentage of your constituency no matter what you do. But in the case of health care reform, President Obama, you have one Lee Stranahan to help you break this one down.

Posted on Sep 8, 2009 READ MORE  |  10 COMMENTS


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A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
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