Latest News + Info
The latest information relating to the health insurance industry.
Health Care Exchange Rules to Be Set
New York Times reports: "WASHINGTON — The Obama administration is about to carry out a major provision of the new health care law by issuing standards for health insurance exchanges, the markets where consumers and small businesses will be able to buy coverage from...
Want Health-care Reform to Go Away? Don’t Hold Your Breath
CFO reports: "No matter what corporations are doing — or not yet doing — to get ready for new health-care reform provisions scheduled to take effect from 2014 through 2018, the fate of the law hinges on an upcoming Supreme Court ruling and this fall’s general...
Private Insurance Benefits and Cost-Sharing Under the ACA
Health Reform Source reports: "The Department of Health and Human Services (HHS) recently released guidance on the two key components that determine the level of protection that private insurance plans will provide to consumers under health reform. The first involves...
Blue Cross opens door to insurance rebates in Illinois
Chicago Business reports: "The parent of Blue Cross & Blue Shield of Illinois is opening the door to rebates, which could provide badly needed relief to customers and trim the insurance giant's massive cash hoard. Chicago-based Health Care Service Corp. has sent...
Health Care Service Corp. tops $1 billion in net profit for second straight year
Crains reports By: Andrew Wang March 06, 2012: "The parent of Blue Cross & Blue Shield of Illinois booked more than $1 billion in net income in 2011, the second straight year that the Chicago-based company has crossed that milestone. Health Care Service Corp.,...
Health Reform Law Ends Lifetime Limits For 105M Americans
Insurance News Net reports: "State-by-state data available Health and Human Services Secretary Kathleen Sebelius released a new report today on how the health reform law has eliminated lifetime limits on coverage for more than 105 million Americans. Before health...
Study Finds Alarming Number of Boomers Lack Basic Understanding of Medicare Program
Insurance News Net reports: "CHICAGO, Feb. 27, 2012 /PRNewswire/ --More than half (56 percent) of America's middle-income Boomers admit to knowing little or almost nothing about the Medicare program and one in seven (13 percent) falsely believe Medicare is free, the...
Focus on Health Reform
Here is a great resource to learn more about Health-care Reform and The Affordable Care Act. Click Here (.pdf)
From healthcare reform updates from Aetna
ILLINOIS: Governor Pat Quinn presented a fiscal year 2013 budget proposal last week that seeks to strengthen the pension systems, restructure the state’s Medicaid system, rebalance institutional living/community care, increase efficiencies across state agencies and...
Most Americans say individual mandate is unconstitutional
Benefits Pro Reports: "Though Americans remain split on how health reform is going, a new poll reveals most are sure on one thing—the law’s requirement for all Americans to purchase health insurance or pay a fine is unconstitutional. A USA Today/ Gallup poll released...