Latest News + Info
The latest information relating to the health insurance industry.
College Grads Have Several Options To Get Health Insurance
Insurance News Net reports: "Although the open enrollment period forhealth insurance under the Affordable Care Act ended in April, college graduates have several other options for coverage. The website, healthcare.gov, says college graduates, who do not have health...
Ask Kim: buying health insurance in the off-season
Chicago Tribune reports: "I'm leaving my job in a few months and moving to New York. Can I get new health insurance even though open enrollment is over? Yes. Even though open enrollment for individual health insurance is closed until November 15, 2014, you can buy a...
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.