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Posts Tagged ‘Hoffman Estates’

Employer health plans fading fast

Friday, April 4th, 2014

Benefitspro reports:

“Only a quarter of employers are certain they will still be offering company-sponsored health insurance a decade from now.

That’s down from 38 percent in 2010 and 73 percent in 2007, according to a survey by Towers Watson and the National Business Group on Health.

(more…)

Obamacare data suggest Blues’ low-price strategy is working

Wednesday, February 12th, 2014

Chicago Health Care Daily reports:

“The parent company of Blue Cross & Blue Shield of Illinois appears to be reaping the benefits of setting the premiums for its plans lower than other carriers on the federal health insurance exchange. (more…)

Obamacare signup deadline gets extension

Friday, December 20th, 2013

Chicago Health Care Daily reports:

“There won’t be a magic moment, but the Obama administration’s much-maligned health insurance website should be able to weather an expected year-end crush of customers, officials asserted Friday.

(more…)

Health insurance terms you need to know for Affordable Care Act

Wednesday, November 20th, 2013

The Detroit Free Press reports:

Co-payment: A fixed amount you pay for a covered health service. Usually paid when you receive the service.

Deductible: The amount you pay for health care services your health insurance plan covers before your health insurance plan begins to pay.

The Health Insurance Marketplace (also known as the Exchange): Administered by the federal government at http://www.healthcare.gov. Designed to make buying health coverage easier and more affordable.

(more…)

Insurance Through Employer A Better Deal Than Through Exchange

Tuesday, September 3rd, 2013

Insurance News Net reports:

“If you’re hearing about the new Health Insurance Marketplace and wondering if it might be a better deal than your employer’s insurance, the answer is: It probably isn’t.

People covered under most employer group insurance policies aren’t eligible for some of the Affordable Care Act cost-saving benefits — mainly tax credits. Without those tax credits, it’s extremely unlikely you’ll find a better deal on the insurance marketplace exchange.

(more…)

Ten’s a crowd in the doctor’s office

Tuesday, September 3rd, 2013

Benefits Pro reports:

“This week, in Time magazine, I read about a possible solution. And it frightens me.

Group appointments. Yes, doctor-patient-patient-patient-patient-patient relationships.

It appears more people are seeing their doctor with another nine or so other patients in the room.
This isn’t an entirely new idea, but it’s becoming more popular than ever. Since 2005, the percentage of practices offering group visits has doubled, from 6 percent to 13 percent in 2010.

(more…)

How to Shop Smart on New Health Exchanges

Wednesday, July 31st, 2013

The Wall Street Journal reports:

“Millions of Americans will be shopping for their own health insurance for the first time this fall—but they will need to look closely to be sure they get the coverage that best fits their needs.

(more…)

More employers tie premiums to salary levels

Friday, July 12th, 2013

Benefits Pro reports:

“More employers are trying to assuage worker concerns about how much of their salary goes to their health coverage by pegging the cost of coverage to salary ranges.

This trend was noted by Mercer in a study of how companies were managing their health care plans. Mercer’s survey revealed that 12 percent of responding companies were using salary-based health coverage schemes in 2012, up from 10 percent in 2011. Now, signs are that that percentage is about to jump significantly.

Large employers are leading the way; in Mercer’s study, 20 percent of firms defined as “large” were segregating employees into premiums based upon a salary range. But more are following, as Obamacare begins to assume a less-fuzzy shape.

(more…)

6 insurers offer 165 health plans for Illinois exchange review

Tuesday, July 9th, 2013

Chicago Tribune reports:

“Six insurance carriers submitted 165 health insurance plans to be offered on the Illinois Health Insurance Marketplace, the online exchange where individuals and small businesses in October can begin buying coverage for 2014, state officials said Wednesday.

The state didn’t say which insurers submitted plans, which must be vetted by state and federal regulators to ensure they comply with new rules.

(more…)

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