Latest News + Info
The latest information relating to the health insurance industry.
Insurer Interest in Offering Health Coverage in Illinois Rises
Insurance Journal reports: "Illinois officials say they’re seeing strong interest from insurance companies as they prepare for the second year of new coverage options under the nation’s new health care law. The state Department of Insurance said that 10 insurance...
Even the labor unions are souring on Obamacare
The Washington Examiner reports: "President Obama's health reform law may have claimed a new victim — organized labor. Thanks to Obamacare, labor unions are facing higher health insurance costs — as well as steeper out-of-pocket bills and wage cuts. Consequently,...
Businesses re-evaluate spousal coverage
Benefits Pro reports: "When United Parcel Service (UPS) announced a major change in spousal insurance coverage, it was the shot heard ’round the benefits world. "I have been talking about working spouses with access to their own health insurance for more than 10...
State delays ’employee choice’ on Obamacare insurance exchange
Crain's Chicago Health Care Daily reports: "Illinois plans to delay by at least a year a key feature of its Obamacare health insurance exchange that potentially would give employees of small businesses more choices when shopping for coverage. “Employee choice” would...
Obamacare co-op Land of Lincoln loses money in first quarter
Crains Chicago Health Care Daily reports: "Illinois' only co-op health insurance program lost more than $4 million and enrolled fewer than 2,500 people in its first quarter of operation as it struggled to enter a market dominated by one massive competitor. Land of...
Beware pitfalls of health care subsidy: Spike in income could spell big tax bill
The Chicago Tribune reports: "Individuals receiving monthly premium subsidies to pay for health coverage purchased on the new exchanges should keep their eye out for Uncle Sam. You could owe a big tax bill on your 2014 return next spring if your income rises during...
Obamacare Rule: Dump Employees Onto Exchanges, Face Big Taxes
Newsmax reports: "Employers who give money to their workers to help pay for insurance through Obamacare exchanges may be in for sticker shock when the taxman comes calling: the IRS considers such arrangements employer payment plans that don't satisfy federal rules....
Federal Health Exchange Statistics
Info on all applicants in the Federal Health Exchange. This compares Illinois to the national average.
UnitedHealthcare vying for a slice of Obamacare pie?
Crain's Chicago Healthcare Daily reports: "If UnitedHealthcare of Illinois Inc. starts selling plans on the state's health insurance exchange this fall — as reported today — the insurer most likely won't make a large dent in Blue Cross & Blue Shield of Illinois'...
Some with Obamacare find they’re losing their doctors
Crain's Chicago Healthcare Daily reports: "Some consumers who bought insurance under President Barack Obama's health care law are experiencing buyer's remorse after realizing that their longtime doctors aren't accepting the new plans. Before the law took effect,...