Part of the fun of owning a Jeep can be taking it off-road, if that’s a thing that interests you. Here’s the problem with driving far from paved roads, though: when someone’s vehicle breaks down or there’s an accident, specialized towing equipment and staff are involved. That’s how one driver ended up with a $48,000 bill that neither he nor his insurance want to pay. [More]
Anthem Blue Cross Will Pay $8.3M To Customers To Settle Class-Action Suit Over Mid-Year Policy Changes
When you sign up for an insurance policy, you’re given a price for that plan for the year. So when California consumers discovered changes to their Anthem Blue Cross policies in the middle of the year that came with extra out-of-pocket costs, two policyholders filed a class-action lawsuit against the insurance provider in 2011. Anthem Blue Cross has now agreed to a settlement that includes reimbursing about 50,000 customers in California almost $8.3 million.
The kiosks at pharmacies where you can take your blood pressure, pulse, and maybe even weigh yourself aren’t just for killing time while you wait for a prescription. Well, they’re mostly for that, but Walmart will be trying out a new rewards card that compensates customers to visit the checkup kiosks to take a few measurements. [More]
USPS Denies It Has Missing Damaged Package, Still Turns Down Customer’s Insurance Claim After Finding It
It’s always a good idea to purchase insurance for your packages, especially if you’re mailing something valuable. But even having that protection didn’t keep one USPS customer from ending up with broken equipment and no insurance payment to cover the cost of replacing or fixing it.
When a California man checked with the hospital about the copay for his daughter’s treatment, the hospital told him it would $500. Except what they meant to tell him was that his insurance deductible would be $500, but that he’d be stuck with a bill for nearly $4,000. [More]
Most of us know which local hospitals and doctors are covered by our insurance providers, but even when we make sure that we only see an in-network physician or surgeon, nearly one-third of privately insured Americans are still hit with higher-than-expected medical bills, often because their in-network hospital brought in or contracted out to an out-of-network service provider. How did we get to the point where so many consumers have so little information about what to expect when their hospital bill arrives? [More]
A Texas woman who took her car to her local Walmart’s service center for a routine oil change says a technician totaled the vehicle and now the company isn’t offering her a fair settlement, leaving her stranded and her business suffering. [More]
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]
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]
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]
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.
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]
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]
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]
Google officially jumped into the insurance business today with the launch of its car insurance comparison website in the United States. [More]
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]
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]