Reform’s insurance tax will hit consumers hard

by Eriksen Insurance | Dec 13, 2012 | Insurance Reform

There goes the affordable part of health reform. The insurance industry is warning that a new tax in in the Patient Protection and Affordable Care Act will cost consumers thousands of dollars because of rising premiums. According to a study conducted by Oliver Wyman...

Health Care Reform – Implementation Timeline For Employers

by Eriksen Insurance | Dec 12, 2012 | Insurance Reform

JD Supra reports: “Here’s a brief timeline highlighting important health care reform dates for employers…I expect some dates will change as 2014 draws nearer, and I will update the timeline accordingly. 9/23/12 – Group health plans must provide all eligible...

Feds Propose Fee On Health Insurers In New Exchanges

by Eriksen Insurance | Dec 11, 2012 | Insurance Reform

Insurance News Net reports: WASHINGTON Health insurance companies will have to pay to play in new health insurance markets coming under President Barack Obama’s health care law, the administration said in a regulatory notice issued Friday. The Health and Human...

Health care reform FAQ: How are full-time employees calculated?

by Eriksen Insurance | Dec 10, 2012 | Uncategorized

Life Health Pro reports: “Q: How are full-time and full-time-equivalent employees calculated? A: A large employer potentially subject to the employer mandate penalty is an employer with more than fifty full-time-equivalent employees during the preceding calendar...

Blue Cross parent on track for billion-dollar year

by Eriksen Insurance | Dec 10, 2012 | Blue Cross and Blue Shield

Chicago HealthCare reports: “Net income for the parent company of Blue Cross & Blue Shield of Illinois surged in the third quarter, a pace that will likely push the Chicago-based company past $1 billion in annual profits for the third straight year. Health...