November 11, 2013 |
President Obama apologized last week to people whose health insurance was canceled despite his repeated assurances that if you like your policy, it won't change. The charitable way of putting it is that Obama oversold details of the healthcare-reform law in his speeches. His critics say he flat-out lied. This wouldn't even be an issue if Obama had qualified his remarks simply by adding that you'd be able to keep your insurance as long as it meets minimum standards for coverage, which is a big part of what Obamacare is all about.
November 5, 2013 |
WASHINGTON -- Lael Brainard, the Treasury department's top official in dealing with global financial issues, will step down this week amid speculation she could be nominated to the Federal Reserve Board. Brainard has served as undersecretary for international affairs since 2010, helping lead U.S. efforts to deal with the European debt crisis and an increasingly complex economic relationship with China. She is one of the department's highest-ranking women. Friday will be her last day, a Treasury official said.
November 5, 2013 |
The California Assembly will hold a hearing Wednesday to determine what exactly went wrong with a botched upgrade to the state's unemployment benefits computer system that has left thousands without jobless checks for weeks. The Times has reported extensively on the problems that began over Labor Day weekend, when the California Employment Development Department launched the update. A problem occurred when transferring old claims data to the new software, which was designed by Deloitte Consulting, a New York firm with a record of delivering IT projects in California over budget and often with problematic results. LIVE CHAT: Join us at 11 a.m. The glitch affected as many as 300,000 claims, delaying payments to tens of thousands of unemployed Californians, according to internal emails.
November 4, 2013 |
In a new line of attack on canceled health policies, two California residents are suing insurance giant Anthem Blue Cross, alleging they were misled into giving up their previous coverage. About 900,000 Californians and many more nationwide have received cancellation notices on their individual health insurance policies, triggering a public uproar against the rollout of President Obama's healthcare law. Some consumers have complained about hefty rate hikes from the forced upgrades because their current plans don't meet all the requirements of the Affordable Care Act. Much of the consumer anger has been directed at Obama's repeated pledge that Americans could keep their existing health insurance if they liked it despite the massive overhaul.
November 3, 2013
Re "Cancellation blues," Editorial, Nov. 1 Obamacare is not a cure-all. But it is a step toward single-payer, which is better than what we have. However, the editorial doesn't acknowledge how much the canceled policies are a problem for folks in my boat. I pay $637 a month for a family of four. Surgery and other costs this year, after a whopping $8,500 deductible, still cost less than we would be paying under the new law. Anthem Blue Cross canceled my current plan and offered a substitute with similar coverage for $1,365 a month.
October 31, 2013 |
Wendell Morris stopped recently at a Rite Aid drugstore in Santa Monica to get a flu shot. A worker at the pharmacy said Morris' insurer, Anthem Blue Cross, didn't cover flu shots. So Morris paid about $30 out of pocket for the vaccination. He later saw the column I wrote last week about how drugstores may be misleading people about flu-shot coverage. He called Anthem to ask whether his insurance covered the vaccine. It did. Morris, 48, returned to Rite Aid and showed them my column.