Latest News + Info
The latest information relating to the health insurance industry.
“Grandfather” Rules Now Include Change of Carriers Legislation to Repeal Expanded 1099 Reporting Introduced
NAIFA reports: Issue: Health Reform Modifications Date: November 16, 2010 Actions Taken: On November 15, the Treasury Department, Department of Health and Human Services, and the Department of Labor issued an amendment revising the interim final "grandfather" rules...
The Illinois Department of Insurance (DOI) has released new reporting requirements for health insurers seeking premium increases for group or individual coverage.
DOI reports: Under the new process, insurers must submit rate alterations and justifications for rate increases beginning on Dec. 1, 2010. By Feb. 1, 2011, health insurers can submit such information electronically. The DOI has provided justification review standards...
An important message on January 2011 New Business Rates for Small Groups
A letter from: Dieter Freer Senior Vice President, Illinois Market Segments Blue Cross and Blue Shield of Illinois Dear Valued Producer, In this ever-changing business climate, we appreciate your role in bringing Blue Cross and Blue Shield of Illinois (BCBSIL)...
Blue Cross and Blue Shield Illinois: 2011 Medicare Supplement Rates
For those of you on a BCBS individual Medicare Supplement policy, here are the rates for 2011. Note that these rates are just for the supplement policy and not for the Blue MedicareRx prescription card. That rate is separate and on top of these rates. FYI... Blue...
Republican Sights Set on PPACA
Aetna Reports: No sooner had the Republicans gained control of the House in Washington, D.C., by an impressive margin, than they declared their sights were set on the Patient Protection and Affordable Care Act. A day after the elections Republican leaders vowed to...
Enrollment in High-Risk Health Insurance Pools Still Below Expectations
The New York Times reports: Enrollment in the high-risk health insurance pools created under the health reform law has not reached expectations, with just 8,011 U.S. residents enrolled nationwide after two or three months of operation in most states, according to HHS,...
What Now, for Health Reform?
Image via Wikipedia Lockton reports: "Human resource and benefits managers--and perhaps a lot of CEOs and CFOs--who in recent weeks had begun thinking seriously about the impact of federal health reform on their profitability, workforce structure and health plan...
Health-care reform: After big GOP gains, will it be repealed?
The Christian Science Monitor reports: Washington Even with a broad and historic majority, House Republicans have formidable roadblocks to delivering on a top campaign promise: to repeal or dismantle comprehensive health-care reform. An outright repeal would have to...
Republicans to Take On U.S. Health Law, From Taxes to Insurance
Image via Wikipedia Bloomburg reports: By Laura Litvan and Drew Armstrong Congressional Republicans pledged to repeal the health-care overhaul President Barack Obama signed into law in March. Once they consolidate power, the strategy will more likely resemble death by...
Illinois to more closely probe health insurers’ rate hike requests
IFA Webnews reports: The Illinois Insurance Department is imposing new reporting requirements for health insurers seeking to raise rates, making it one of a number of states using federal funds to dig deeper into proposed premium increases. The department received $1...