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Blue Cross and Blue Shield of Illinois: 2016 Rate Filings

by Eriksen Insurance | Sep 16, 2015 | Blue Cross and Blue Shield

Blue Cross and Blue Shield of Illinois reports: “Blue Cross and Blue Shield of Illinois (BCBSIL) recently filed its 2016 rates with Illinois. Below are FAQs that may help you understand what this means. Who does this affect? The 2016 rates will affect...

Millions facing a hefty increase in Medicare premiums in 2016

by Eriksen Insurance | Sep 16, 2015 | Family Health Insurance

Yahoo Finance reports: “Nearly a third of the roughly 50 million elderly Americans who depend on Medicare for their physician care and other health services could see their premiums jump by 52 percent or more next year. That’s because of a quirk in the law that...

IRS may never recoup $350 million in Obamacare tax credit overpayments

by Eriksen Insurance | Sep 16, 2015 | Affordable Care Act, Subsidy

The Washington Times reports: “A quirk in the law means the IRS will never be able to recoup nearly $350 million in overpayments on Obamacare tax credits last year, and one top senator says he is worried that fraudsters will exploit the loophole to wring more...

Untangling The Many Deductibles Of Health Insurance

by Eriksen Insurance | Sep 16, 2015 | Affordable Care Act, Family Health Insurance

NPR reports: “Sure, there’s a deductible with your health insurance. But then what’s the hospital deductible? Your insurer may have multiple deductibles, and it pays to know which apply when. These questions and answers tackle deductibles, whether an...

Illinois Medicaid enrollment jumps under Obamacare

by Eriksen Insurance | Sep 16, 2015 | Affordable Care Act, Medicaid

Crain’s Chicago Business reports: ” Illinois is among a dozen states where the number of new enrollees surpassed projections for the expansion of Medicaid under Obamacare. While the surge in signups lifts the number of insured people, it has also stoked...
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