The U.S. Department of Health and Human Services (HHS) has unveiled new requirements for how much health insurers must spend on medical care in comparison to non-medical items, such as advertising and overhead, under the new health reform law. Starting January 1, all health insurance plans will be required to spend a set percentage...
A coalition of consumer and safety groups is praising the Consumer Product Safety Commission (CPSC) for voting to implement the Consumer Product Safety Information Database that will allow people to share and access safety information about the products they own and consider buying. The data base is scheduled to go on line in March....
Connecticut Attorney General Richard Blumenthal joined consumer critics by issuing a Black Friday warning to parents about the perils of credit cards marketed to young adults — especially “Kardashian Kards” and other so-called prepaid debit cards that impose outrageous fees. In a letter to University National Bank, which issues the Kardashian Kard in an...
American Express recently announced a new service that gives shoppers 180 days to return eligible purchased goods. It also covers certain return shipping and restocking fees. The company isn’t doing this out of the goodness of its heart, of course. It will cost you $49.99 a year, and shoppers with any type of charge,...
