Consumers Union News Releases

Press Contact:

Michael McCauley
Media Director
Consumers Union
1535 Mission Street
San Francisco CA 94103
mccami@consumer.org
Phone: (415) 431-6747
Fax: (415) 431-0906

David Butler
Communications Director
Consumers Union
1101 17th Street NW, Ste 500
Washington DC 20036
butlda@consumer.org
Phone: 202-462-6262
Fax: 202-265-9548

News and Articles

Health plans may be raising premiums despite outsize surpluses, watchdog finds

Nonprofit health insurers setting aside unnecessarily large surpluses even as some of them continue to raise premiums.

Blue Cross Has “Excessive” Surplus Consumer Group Says

Lawmakers should consider using surplus to help control surging rates, a national consumer advocacy group claims.

Blue Cross Piles Up Reserves

BCBS health insurers set aside billions as they raised premiums for consumers by as much as 20 percent annually in the past decade, a report by Consumers Union released today found.

Report questions Blue Cross Surplus

Nonprofit BCBS plans set aside billions of dollars in surpluses over the past decade at the same time they consistently raised premium rates, sometimes by double-digits in a single year.

Blue Cross reaps surpluses while rates rise

Blue Cross, a nonprofit association of independent, locally-run insurance companies, had more than $32 billion in surplus in its plans in 2008, according to the report.

Consumer Reports Health

Consumers can't wait any longer for health reform
Reform proposals have passed both chambers of Congress by a majority vote; now they effectively await final passage. (March 8, 2010)

How the system would work
Here are the most critical facts about how reform would affect you and your family. (February 28, 2010)

Shopping for insurance after reform
How the exchanges would work, looking at the Massachusetts model. (February 26, 2010)

What you'll get from reform right away
The biggest changes start in 2014, but some things happen much sooner. (February 25, 2010)

Will health reform raise my taxes?
Not unless your income is very high. (February 23, 2010)