Class-Action Suit Accuses CVS Of Overcharging Customers For Generic Drugs

Class-Action Suit Accuses CVS Of Overcharging Customers For Generic Drugs

The country’s second largest pharmacy chain is the latest party in a class-action lawsuit that accuses CVS of deliberately overcharging hundreds of thousands of patients for generic prescription drugs. [More]

(Joel Zimmer)

Percentage Of Adults Without Health Insurance Hits New Low

Two years ago, a Gallup survey estimated the percentage of adult Americans without health insurance at more than 17%. Even at the beginning of 2014, as the individual coverage mandate of the Affordable Care Act kicked, nearly 16% of Americans over the age of 18 were uninsured. The latest results from the polling organization currently put that rate at 11.4%, lower than any rate since Gallup began this survey in 2008. [More]

SCOTUS Ruling Means Millions Of Americans No Longer At Risk To Lose Health Insurance Subsidies

SCOTUS Ruling Means Millions Of Americans No Longer At Risk To Lose Health Insurance Subsidies

The Affordable Care Act scored a major victory today as the Supreme Court upheld provisions allowing the government to provide tax subsidies for consumers who purchased insurance through the program, although their states don’t have an official insurance exchange of their own. [More]

(cookedphotos)

Cigna Rejects Anthem’s $47B Merger Bid, Says It’s “Deeply Disappointed” By Suitor’s Recent Actions

After Anthem Inc. unveiled its roughly $47 billion bid to merge with fellow health insurer Cigna Corp. over the weekend, the object of its affections swiftly put the kibosh on that proposal. In a letter to Anthem’s board, Cigna said it was “deeply disappointed” with its suitors recent actions, and that the offer wasn’t in the best interest of shareholders. [More]

Lyft To Pay $300,000 To Resolve Claims It Illegally Operated In Some Areas Of New York

Lyft To Pay $300,000 To Resolve Claims It Illegally Operated In Some Areas Of New York

Nearly a year after the New York Attorney General’s office and state insurance regulators filed a lawsuit accusing ride-sharing app Lyft of violating state law in certain areas, the company has agreed to pay $300,000 to resolve the complaint. [More]

Nearly 1-In-3 Privately Insured Americans Received A Surprise Medical Bill In Last Two Years

frankieleon

When you visit your doctor for a blood test, get an ultrasound, or have surgery at a medical facility that accepts your insurance, you likely expect that you’ll only be required to go out-of-pocket for the co-pays and deductibles detailed in your health plan. But the results of a new survey show that there’s a decent chance you’ll be hit with a surprise charge or two when those medical bills finally arrive. [More]

Health Insurer Premera Blue Cross Latest Hack Victim, 11M Consumers Affected

Health Insurer Premera Blue Cross Latest Hack Victim, 11M Consumers Affected

Just a month after tens of millions of consumers’ personal information was breached in the hack of health insurance firm Anthem, another U.S.-based insurance provider says it was the victim of a cyber attack affecting as many as 11 million customers. [More]

(Ben Schumin)

Google Launches Car Insurance Comparison Site

Google officially jumped into the insurance business today with the launch of its car insurance comparison website in the United States. [More]

Anthem Hack Included Personal Information For 78.8 Million Customers & Employees

Anthem Hack Included Personal Information For 78.8 Million Customers & Employees

Nearly three weeks removed from the detection of a massive data breach, health insurer Anthem Inc. is releasing more details about the scope of the hack, including the fact that personal information for about 78.8 million was compromised. [More]

Anthem Says Data From As Far Back As 2004 Exposed During Hack, Offering Free Identity Theft Protection

Anthem Says Data From As Far Back As 2004 Exposed During Hack, Offering Free Identity Theft Protection

A week after health insurer Anthem announced that it was the latest victim of a security breach, the company revealed that hackers had access to tens of millions of customers’ data going back as far as 2004. [More]

(Mike Mozart)

GEICO Accused Of Discriminating Against Unmarried & Low-Income Drivers

California law requirers auto insurers in the state to offer minimum-coverage policies to drivers with clean driving records, regardless of factors like gender, employment, marital status, or education. But one consumer advocacy group claims that GEICO isn’t abiding by those rules and is allegedly misleading certain customers into thinking they’re getting the minimum coverage when they are in fact being offered several times more than the minimum. [More]

Lyft Passenger Killed In Multi-Car Crash: Whose Insurance Covers What?

Lyft Passenger Killed In Multi-Car Crash: Whose Insurance Covers What?

Normally, it wouldn’t be national news that there was a fatal multi-car crash on the highway during a heavy rainstorm near Sacramento, California. What makes this crash newsworthy is that the man who died was a paying passenger in a vehicle hired through the ride-sharing app Lyft. [More]

(Ron Dauphin)

After Taking Away Some Employees’ Insurance, Walmart Care Clinics To Offer $40 Doctor Visits

Less than two weeks after the nation’s larger retailer and private employer decided it would discontinue health insurance for many part-time employees, the company announced its new health care centers would provide doctor visits for around $40, or as low as $4 for Walmart employees and their families. [More]

(Steve)

IKEA: Where You Can Buy A Bookcase And Now Insurance

A trip to IKEA could soon include a lot more than just buying shelves, bedding, and other home items. The retailers is reportedly rolling out trial sales of range of insurance policies. [More]

(Stephen Dickter)

Report: Billing Errors, Varying Procedure Costs Create Environment For Excessive Medical Debt

Making a trip to the doctor undoubtedly leaves many consumers’ wallets a little (or a lot) lighter. While some people going in for planned medical procedures might seek out doctors covered under their insurance to help alleviate out-of-pocket costs, a new report found that even with advances in medical policy consumers are feeling the burden of medical debt. [More]

There’s Some Weird Stuff In Your Homeowner’s Insurance Policy

There’s Some Weird Stuff In Your Homeowner’s Insurance Policy

Do you sit and read every word of every document that you sign? Probably not. Maybe you should, but it would take up valuable time that could be spent “liking” pictures of your friend’s new puppy on Facebook. Jacob Goldstein of NPR’s Planet Money decided to read all 23 pages of his new insurance policy, and he had some questions. Mostly about the likelihood of volcanic eruptions in Brooklyn. [More]

The Oxford Prescription Drug List says that asthma drug Montelukast is an inexpensive Tier 1 drug, but makes no mention that it's pulverized form is a Tier 2 drug at twice the cost. (Click to enlarge)

We Live In A World Where Your Insurer Doesn’t Care That It Charges Two Prices For One Drug

In one month, the price of your generic prescription doubles. The first person at your insurance company says “Oops, that’s a mistake,” but a second person tells you that the mistake was actually made when you were charged the original, lower price. Meanwhile, the insurance company’s website tells you that the lower price is the correct one — and none of these people actually seem to give a damn. [More]

Map Of Most-Stolen Car Models In Each State Shows Car Thieves Need More Variety

Map Of Most-Stolen Car Models In Each State Shows Car Thieves Need More Variety

Car thieves either don’t have much imagination or they don’t have much to choose from when selecting which vehicles to boost. A look at the most-stolen cars in each of the 50 states and the District of Columbia shows surprisingly little variety in terms of cars being swiped. [More]