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Posts Tagged ‘Affordable Care Act’

A new kind of doctor’s office charges a monthly fee and doesn’t take insurance — and it could be the future of medicine

Friday, March 24th, 2017

Yahoo Finance reports:

“Dr. Bryan Hill spent his career working as a pediatrician, teaching at a university, and working at a hospital. But in March 2016, he decided he no longer wanted a boss.

He took some time off, then one day he got a call asking if he’d be up for doing a house call for a woman whose son was sick. He agreed, and by the end of that visit, he realized he wanted to treat patients without dealing with any of the insurance requirements.

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No one thinks the GOP health bill is a good idea for Illinois

Friday, March 24th, 2017

Crains Chicago Business reports:

“There are not many things that Republicans and Democrats in Illinois agree on. But there’s near universal consensus that House Republicans’ proposed Obamacare replacement would do serious harm to Chicago and the state as a whole.

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Got health insurance? That doesn’t mean you’ll be able to pay your medical bills.

Wednesday, March 8th, 2017

The Miami Herald reports:

“Hospitals around the country are reporting record levels of debt on their books from an unlikely source: patients with health care coverage.

As health insurers and employers have shifted health care costs to patients through high deductibles and other out-of-pocket expenses, people who in the past may not have worried about paying for a hospital visit or a surgical procedure are getting hit with massive medical bills that they can’t pay.

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Employers gear up for next fight after Cadillac tax

Wednesday, March 8th, 2017

Modern Helthcare.com reports:

“Employer and business groups are shifting their lobbying efforts from repealing the Affordable Care Act’s unpopular “Cadillac” tax to fighting GOP proposals to chip away at the tax break on employer-provided health insurance.

Capping the tax break, they say, would cause employers to offer skimpier benefits, and some would stop offering coverage altogether. That would erode the employer-sponsored health insurance market.

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What will you see on Obamacare exchange for 2017? Details start to emerge

Monday, October 31st, 2016

The Chicago Tribune reports:

“Though full details won’t be released until later this month, some information is starting to trickle out about what Illinois residents will and won’t find when they shop for health insurance on the state’s Affordable Care Act exchange.

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Blue Cross Blue Shield won’t credit Land of Lincoln members for deductibles

Tuesday, August 16th, 2016

The Chicago Tribune reports:

“A large insurer on Illinois’ Obamacare exchange has decided not to credit former Land of Lincoln members for money they’ve already paid toward their deductibles despite a request from the state to consider doing so.

Blue Cross Blue Shield of Illinois has decided it cannot waive deductible or out-of-pocket costs for Land of Lincoln members who may join Blue Cross in October, said Blue Cross Blue Shield of Illinois spokeswoman Dana Holmes on Monday.

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Large employers stick with employee health plans, small businesses another story

Tuesday, August 2nd, 2016

Benefits Pro reports:

“Large employers continue to believe in the value of sponsored health benefits for employees, despite the options available to them under the Affordable Care Act. But small employers are increasingly choosing to pull out of the health benefits business.

That’s what a survey from the Employee Benefits Research Institute (EBRI) found when it examined the percentage of employers offering health insurance from 2008 to 2015. Using data from the Medical Expenditure Panel Survey — Insurance Component, EBRI reported that nearly 100 percent of the largest employers (those with 1,000 or more employees) have continued to offer health insurance through the ups and downs and gyrations of the past seven years.

 

Illinois insurers seek premium increases of up to 45%

Tuesday, August 2nd, 2016

The Chicago Sun Times reports:

“Health insurance premiums for Illinois residents who buy coverage through the Affordable Care Act’s marketplace could increase by as much as 45 percent according to proposals submitted by insurers and made public Monday.

The leading insurer on Illinois’ exchange, Blue Cross Blue Shield, is proposing increases for 2017 ranging from 23 percent to 45 percent for individual health care plans, according to proposals posted by Healthcare.gov. Another insurer, Coventry Health Care of Illinois, proposed rate increases as high as 21 percent.

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Illinois’ Obamacare plans seek big 2017 premium hikes

Tuesday, August 2nd, 2016

The Chicago Tribune reports:

“Insurers want to crank up the cost of health insurance premiums by as much as 45 percent for Illinois residents who buy coverage through the Affordable Care Act’s marketplace.

Blue Cross Blue Shield of Illinois, the most popular insurer on the state’s Obamacare exchange, is proposing increases ranging from 23 percent to 45 percent in premiums for its individual health-care plans, according to proposed 2017 premiums that were made public Monday. The insurer blamed the sought-after hikes mainly on changes in the costs of medical services.

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