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Archive for the ‘Individual Health Insurance’ Category
Tuesday, May 8th, 2018
KFF reports:
“A new Kaiser Family Foundation analysis of short-term, limited duration health plans for sale through two major national online brokers finds big gaps in the benefits they offer.
Through an executive order and proposed new regulations, the Trump Administration is seeking to encourage broader use of short-term, limited duration health plans as a cheaper alternative to individual market plans that comply with the Affordable Care Act’s requirements. Repeal of the individual mandate penalty – which currently applies to people buying short-term plans – is also expected to boost enrollment starting next year.
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Tags: Affordable Care Act, Albany Park, Alden, Algonquin, Andersonville, Highland Park, Hillside, Hinsdale, individual, Individuals, insurance, premiums, requirements, temporary, the affordable care act
Posted in Individual Health Insurance, Short Term Insurance | Comments Off on Most Short-Term Health Plans Don’t Cover Drug Treatment or Prescription Drugs, and None Cover Maternity Care
Tuesday, May 8th, 2018
Investopedia reports:
“On February 20, 2018, the Departments of Health and Human Services (HHS), Labor and the Treasury released a proposed rule that would increase the length of coverage for short-term health insurance plans from three months to 364 days. They proposed this rule in response to an executive order President Trump issued in October 2017 telling these departments to propose regulations or guidance that would make this type of insurance more available in order to encourage consumer choice and provider competition in the health insurance market.
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Tags: Affordable Care Act, Bull Valley, Burlington, Chicago, Costs, departments of health and human services, enroll, enrollment, Fox River Grove, Fox Valley, Franklin Park, individual, Individuals, insurance, insurance plan, Marketplace, open enrollment
Posted in Individual Health Insurance, Short Term Insurance | Comments Off on What is Trump’s New Short-Term Health Insurance Order?
Thursday, September 21st, 2017
Kaiser Health News reports:
“The Trump administration says many of the organizations that help people enroll in health plans on the federal insurance marketplaces don’t provide enough bang for the buck, sometimes costing thousands of dollars to sign up each customer. So, it is cutting their funding, some by as much as 90 percent, the government told the groups last week.
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Tags: budget cuts, Deer Park, Deerfield, DeKalb, DeKalb County, Delay, Des Plaines, Desplaines, Government, health plan, Insurance Reform, medical expenses, open enrollment, PPO
Posted in Individual Health Insurance | Comments Off on Bemoaning Budget Cuts, Navigators Say Feds Don’t Appreciate Scope Of The Job
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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Tags: affordable care, Affordable Care Act, DeKalb, DeKalb County, Des Plaines, employees, Employers, Geneva, health insurance, medical expenses, small businesses, the affordable care act
Posted in Individual Health Insurance | Comments Off on Got health insurance? That doesn’t mean you’ll be able to pay your medical bills.
Thursday, April 28th, 2016
Star Tribune Business reports:
” UnitedHealthcare is facing competition this year in Atlanta and Chicago from a new name in health insurance — a carrier that’s actually one of its subsidiaries.
 For the first time, individual shoppers are buying coverage from Harken Health, a company with about 100 employees based at an office on the UnitedHealthcare corporate campus in Minnetonka.
Harken is being run as an independent entity, executives said, with a distinct approach to selling coverage. Subscribers receive unlimited access to primary care, without copays, if they visit a health center owned by Harken Health.
“It’s like an automobile company that makes a brand of car, and then with better luck or worse luck they also make a Saturn,” said Roger Feldman, a health insurance expert at the University of Minnesota.
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Tags: Affordable Care Act, Chicago, Chicagoland, the affordable care act, UHC, United Health Care, United Healthcare, UnitedHealthcare
Posted in Affordable Care Act, Individual Health Insurance | Comments Off on UnitedHealthcare launches a smaller, ‘very, very different’ insurer
Tuesday, January 26th, 2016
According to United Healthcare, Broker Connection Special Edition:
“On Dec. 28, 2015, the IRS announced that it is granting an automatic extension for the 2015 information returns required of insurers, employers and certain other providers of Minimum Essential Coverage (MEC) under Section 6055 and 6056 of the Internal Revenue Code (IRC).
Coverage providers that need more time now have until March 31 to get Form 1095 to individuals and until June 30 to electronically file with the IRS. For providers not filing electronically, the deadline is May 31, 2016. (more…)
Tags: 2015, 2016, ACA, ACA requirements, affordable care, Affordable Care Act, affordable health insurance, Albany Park, Andersonville, barack obama, Barrington, Bartlett, Broker, Bucktown, buffalo grove, buy health insurance, buying insurance, care reform legislation, Carol Stream, Carpentersville, Cary, Changeing Health Care, Chicago, Chicagoland, Contact Us, Cook, Cook County, Costs, Deerfield, DeKalb, DeKalb County, Dundee, DuPage, DuPage County, East Dundee, Elgin, Employers, enroll, enrollment, Fox Valley, Geneva, Glendale Heights, Government, government regulations, health, health care benefits, health care costs, health care law, health care reform, health care system, health exemption, health insurance costs, health insurance coverage, Health insurance exchange, health insurance marketplace, health insurance premiums, health insurance reform, Health Marketplace, health plan, health programs, health reform, healthcare reform, healthcare.gov, Hinsdale, Huntley, IL, Illinois, Illinois Department of Insurance, Illinois health insurance exchange, individual, individual health insurance, individual insurance, Individual Mandate, Individual Shared Responsibility, Individuals, insurance, Insurance benefit consultant, insurance broker, insurance industry, insurance news, insurance plan, Insurance Reform, IRS, Johnsburg, Kane, Kane County, Kendall, Kendall County, Key Findings ACA, Lake, Lake County, Lake in the Hills, Lakewood, Logan Square, Long Grove, McHenery, McHenry, McHenry County, Minimum Essential Coverage, Mount Prospect, Naperville, Navigator, new health care, New health insurance law ACA, North Aurora, North West Suburbs, Northern Illinois, Northwest Suburbs, Obama care, ObamaCare, Obamacare regulation, open enrollment, Palatine, Penalty, PPO, pre existing conditions, Richmond, Riverwoods, Rolling Meadows, Saint Charles, Schaumburg, self-insurance, single payer health care system, South Barrington, special enrollment, Streamwood, Sugar Grove, Tax, taxpayer dollars, the affordable care act, timeline, UHC, United Health Care, United Healthcare, UnitedHealthcare, Villa Park, Warrenville, Wasco, Wayne, West Chicago, Wheaton, Wicker Park, Will, Will County, Wood Dale, Woodstock
Posted in Individual Health Insurance, Open Enrollment | Comments Off on IRS Grants Extension for 6055 and 6056 Reporting
Tuesday, January 26th, 2016
According to Bloomberg Business:
“Humana Inc. is the latest insurer to run into trouble in Obamacare’s individual health-insurance markets.
The health insurer said that it probably won’t collect enough money to cover costs for some customers who bought individual plans, and will set aside what’s known as a premium deficiency reserve. The shortfall is for 2016 plans that comply with new rules under the Affordable Care Act, Louisville, Kentucky-based Humana said Friday.
UnitedHealth Group Inc., the biggest U.S. health insurer, said in November that it might stop participating in the Obamacare next year after taking losses. One analyst predicted that Humana would follow suit.
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Tags: 2015, 2016, ACA, ACA requirements, Advocate Heath Care, affordable care, Affordable Care Act, affordable health insurance, Albany Park, Algonquin, Andersonville, Arlington Heights, Atena, aurora, barack obama, Barrington Hills, Bartlett, Batavia, BCBS, BCBSIL, Bucktown, budget cuts, buffalo grove, Bull Valley, buy health insurance, buying insurance, California healthline, cancer coverage, care reform legislation, Carol Stream, Carpentersville, Changeing Health Care, Chicago, Chicagoland, Cicero, College Grads, commerce clause of the constitution, Commonwealth Care Health Insurance, Cook, Cook County, Costs, coverage plan, Crystal Lake, Deerfield, DeKalb, DeKalb County, Des Plaines, Downers Grove, Dundee, DuPage, DuPage County, Elburn, enroll, enrollment, Fox River Grove, Fox Valley, Geneva, Gilberts, Glen Ellyn, government regulations, Hampshire, Harwood Heights, health, health care benefits, health care costs, health care law, health care reform, health care system, health exemption, health insurance, health insurance costs, health insurance coverage, Health insurance exchange, health insurance marketplace, health insurance premiums, health insurance reform, Health Marketplace, health plan, health programs, health reform, health savings account, healthcare reform, healthcare.gov, Herbron, Highland Park, Humana, Huntley, IL, Illinois, Illinois health insurance exchange, individual, individual health insurance, individual insurance, Individual Mandate, Individual Shared Responsibility, Individuals, Insurance benefit consultant, insurance broker, insurance industry, insurance news, insurance plan, Insurance Reform, Itasca, Kane, Kane County, Kendall, Kendall County, Lake County, Lake in the Hills, Lake View, Lakewood, Lincoln Park, Maple Park, Marengo, Marketplace, McCullen Lake, McHenery, McHenry, McHenry County, Naperville, new health care, New health insurance law ACA, Niles, North Aurora, North Barrington, North West Suburbs, Northwest Suburbs, Obama care, ObamaCare, Obamacare regulation, open enrollment, Palatine, Park Ridge, Producer, Riverwoods, Rolling Meadows, Schaumburg, self-insurance, single payer health care system, South Barrington, special enrollment, state health insurance, Streamwood, Sugar Grove, the affordable care act, Tower Lakes, Village of Lakewood, Warrenville, Wasco, West Chicago, Wicker Park, Wood Dale, young adults
Posted in Affordable Care Act, Health Insurance News, Individual Health Insurance | Comments Off on Humana to Record 2016 Obamacare Shortfall, Membership Drops
Tuesday, May 5th, 2015
Modern Healthcare reports:
“Insurance giant Assurant is looking to sell its health insurance division, Assurant Health—a company that has been active on the Affordable Care Act exchanges but has hemorrhaged tens of millions of dollars.
It’s likely another insurer will emerge to acquire Assurant Health, industry sources say. Health insurers have been eager to snatch up any available asset, but sellers have been few and far between. Assurant Health covers roughly 1 million people and had $2 billion of premium revenue last year.
(more…)
Tags: assurant, enroll, enrollment, exchange, health, health insurance, health insurance marketplace, Itasca, Johnsburg, Kane, Kane County, Kaneville, Kendall, Kendall County, Marketplace, the affordable care act
Posted in Heath Care Costs, Individual Health Insurance | Comments Off on Assurant to sell money-losing health insurance operations
Monday, May 4th, 2015
CNN reports:
“Gov. Chris Christie attempted to position himself as the likely candidate most willing to take on entitlement reform when he delivered a 40-minute speech on the issue in New Hampshire on Tuesday.
The New Jersey Republican, who kicked off a four-day tour across the first-in-the-nation primary state, is applying his direct style to try to be a truth-teller who’s eager to take on uncomfortable topics like Social Security, Medicare and Medicaid.
(more…)
Tags: barack obama, Elmhurst, Employers, Fox River Grove, Fox Valley, Franklin Park, Genoa, Gilberts, Glen Ellyn, Glencoe, Glendale, Government, Hospital, Medicaid, Medicare, ObamaCare, retirement
Posted in Health Care .gov, Individual Health Insurance, Insurance Reform | Comments Off on In New Hampshire, Chris Christie spells out entitlement reform plan
Monday, May 4th, 2015
Yahoo Health reports:
“The average cost of maternity care and delivery without complications is $23,000. With complications, that number jumps steeply. Imagine facing that cost if you’re uninsured? For approximately 13 percent of the over 6 million womenwho become pregnant yearly, these costs are a harsh reality.
But there’s a strong movement that’s trying to change that.
(more…)
Tags: Affordable Care Act, Dundee, DuPage, DuPage County, East Dundee, Elburn, Elgin, Elmhurst, Elmwood Park, Health and Human Services, health insurance, Individual Mandate, Medicaid, premiums, special enrollment, the affordable care act
Posted in Family Health Insurance, Individual Health Insurance | Comments Off on Should Pregnancy Be A ‘Qualifying Life Event’ For Insurance Coverage?
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