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News Release | CALPIRG Education Fund | Health Care

Aetna reduces rate following CALPIRG Ed Fund's review

 This week, Aetna Life Insurance Company announced plans to reduce its proposed increase in health insurance premiums. In November, CALPIRG Education Fund completed a review of the rate hike and recommended that the California Department of Insurance declare it unreasonable. Now, 68,000 small business employees impacted by the rate hike will see a significantly smaller increase in their health insurance premiums.

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Report | CALPIRG Education Fund | Health Care

Review of Anthem's Rate Increase on Individual Policies

CALPIRG Education Fund has reviewed a massive new rate increase proposal from Anthem Blue Cross. 340,000 Californians can expect to see rates increase an average of 20% this year, with some as high as 24.9%. CALPIRG Ed Fund has recommended that the California Department of Insurance request that Anthem amend the rate change or make an official determination that the proposed rate change is unreasonable.

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News Release | CALPIRG Education Fund

Taxpayers Bear Cost of Corporate Settlements

Can you write of your parking tickets as a tax deduction?  Of course not.  So why should coporations be able to write off fines as a business expense.  This release highlights our new report 

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Report | CALPIRG Education Fund | Budget

Subsidizing Bad Behavoir

Corporations accused of wrongdoing commonly settle legal disputes with government regulators out of court. Do- ing so allows both the company and the government to avoid going to trial and the agency gets to appear as if it is teaching the company a lesson for its misdeeds. How- ever, very often the corporations deduct the costs of the settlement on their taxes as an ordinary business expense, shifting a significant portion of the burden onto ordinary taxpayers to pick up the tab.

 

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Result | Democracy

CALPIRG Helps Register 40,000 New Voters

In 2012, CALPIRG worked with college campuses across the state to ensure that both online and paper voter registration options were made available to students. Through our outreach, we helped to register more than 40,000 young Californians to vote.

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Media Hit | Higher Ed

The New Student Battle Cry: Don't Double My Rate!

The media and the country are just waking up to the alarming fact that unless Congress acts by July 1, the interest rate on subsidized Stafford student loans will double from 3.4 percent to 6.8 percent. Congress must not let that happen.

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News Release | CALPIRG | Consumer Protection, Food

CALPIRG Calls on USDA to Increase Testing for Mad Cow

The US Department of Agriculture’s (USDA) statement confirming the presence of an infected cow with bovine spongiform encephalopathy (BSE) - commonly referred to as “mad cow disease” - in California reinforces the need for increased animal testing.

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News Release | CALPIRG Education Fund | Tax

Offshore Tax Havens Cost Average California Taxpayers $423 a Year, Each California Small Business $2,010

With tax day approaching, a new study released by CALPIRG found that the average California taxpayer in 2011 would have to shoulder an extra $423 tax burden to make up for revenue lost from corporations and wealthy individuals shifting income to offshore tax havens. The report additionally found that to cover the cost of the corporate abuse of tax havens in 2011, small businesses in California would have to foot a bill of over $2,010 on average.

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Media Hit | Health Care

In California, Aetna raises health insurance rates for small businesses

If politicos in Sacramento and Washington are serious about creating quality jobs in America, they should embrace efforts to rein in unsustainable health costs for small-business owners and their employees," said Austin Price of CALPIRG. 

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Media Hit | Budget, Transportation

ABC 7: Study: Young people are driving less

A new study shows young people are driving less and they like it that way.

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