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Posts Tagged ‘Bannockburn’
Tuesday, April 9th, 2019
The New York Times reports:
“We don’t know what will emerge as President Trump’s plan to replace Obamacare, which he has promised to unveil immediately after the 2020 elections. But he has recently endorsed several proposals, and they could provide clues.
(more…)
Tags: Affordable Care Act, Bannockburn, Barrington, Barrington Hills, Bartlett, Batavia, Bensenville, Berwyn, Big Rock, Boulder Hill, Bucktown, buffalo grove, Bull Valley, Costs, deductibles, enroll, Government, health care costs, Medicaid, medicaid programs, ObamaCare
Posted in Uncategorized | Comments Off on Trump Is Being Vague About What He Wants to Replace Obamacare. But There Are Clues.
Wednesday, March 8th, 2017
The Motley Fool reports:
“Medicare covers more than 54 million beneficiaries, around 77% of whom are happy with their insurance. Yet this vital social program doesn’t cover every single beneficiary’s needs. If you’re covered by Medicare, or will be soon, it’s important to understand both its benefits and its limitations.
Medicare Part A pays for inpatient hospital care, skilled nursing care, hospice care, and home healthcare. Part B covers 80% of most routine care, but many Medicare recipients eventually experience a health need Medicare won’t cover. It helps to know what kinds of things Medicare won’t pay for and plan ahead for costs.
(more…)
Tags: Aflac, Alden, Algonquin, Andersonville, application, Bannockburn, BCBSIL, Hospital, insurance, Medicaid, Medicare, premiums, retirement, seniors
Posted in Medicare | Comments Off on 4 Surprising Things Medicare Doesn’t Cover (and How You Can Pay for Them)
Monday, March 21st, 2016
The New York Times reports:
“The Internal Revenue Service is warning consumers about tax scams involving the Affordable Care Act and penalties imposed under the law on people who go without health insurance.
In some cases, the agency said, unscrupulous tax preparers tell clients to pay the penalties directly to them, and they keep the money.
(more…)
Tags: Andersonville, Arlington Heights, Bannockburn, Barrington, Barrington Hills
Posted in Insurance Reform | Comments Off on Tax Scams Are Targeting Uninsured, I.R.S. Warns
Tuesday, January 26th, 2016
According to The CT Mirror:
“Even if you don’t get your health insurance through Obamacare, you’re likely to get something related to the health law in the mail in the coming weeks: A new tax form.
 The 1095-A form exchange customers will receive. Others will get different versions, depending on the source of their health care coverage. Known as Form 1095, it’s part of the way the federal government verifies whether people are complying with the mandate that requires nearly all U.S. residents to have health care coverage. This year is the first time most people will be getting those forms, and officials are anticipating a fair amount of confusion. In part, that’s because what you need to do with that form depends on the type of coverage you had.
Here’s what you need to know. (more…)
Tags: 2015, 2016, ACA, ACA requirements, advice, affordable care, Affordable Care Act, affordable health insurance, Albany Park, Alden, Algonquin, Andersonville, Bannockburn, barack obama, Barrington, Barrington Hills, Bartlett, Boulder Hill, Bucktown, budget cuts, buffalo grove, Bull Valley, buy health insurance, buying insurance, care reform legislation, Carpentersville, Cary, Changeing Health Care, Chicago, Chicagoland, Cook, Cook County, Costs, coverage plan, Crystal Lake, Darien, Deer Park, Deerfield, DeKalb, DeKalb County, Des Plaines, Downers Grove, DuPage, DuPage County, East Dundee, Elburn, Elmhurst, employer health insurance, enroll, enrollment, exchange, federal medicaid, Fox River Grove, Fox Valley, Geneva, Glen Ellyn, Government, government regulations, Hampshire, Harvard, 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, Highland Park, Huntley, IL, Illinois, Illinois health insurance exchange, individual, individual health insurance, individual insurance, Individual Mandate, insurance, Insurance benefit consultant, insurance industry, insurance news, insurance plan, Insurance Reform, IRS, Kane, Kane County, Kendall, Kendall County, Lake County, Lakewood, Lincolnwood, Lombard, Maywood, McCullen Lake, McHenery, McHenry, McHenry County, Medicaid, Medicare, Montgomery, Naperville, new health care, New health insurance law ACA, North Aurora, North West Suburbs, Northern Illinois, Northlake, Northwest Suburbs, Oak Park, Obama care, ObamaCare, Obamacare regulation, open enrollment, Palatine, Park Ridge, Penalty, Pingree Grove, Prairie Grove, premiums, public exchange, Ringwood, Rolling Meadows, Roselle, Saint Charles, Schaumburg, sign up, Skokie, South Barrington, special enrollment, St. Charles, state health insurance, state legislatures, Stone Park, Supreme Court, supreme court decisions, Tax, taxpayer dollars, Tower Lakes, Villa Park, Wasco, West Chicago, West Dundee, Westchester, Wheaton, Wicker Park, Will, Will County, Wood Dale, Woodstock
Posted in Affordable Care Act, Health Insurance News, Heath Care Costs | Comments Off on Coming soon to your mailbox: An Obamacare tax form
Wednesday, December 17th, 2014
Health Insurance Exchange reports:
“On November 6, the Department of Labor issued FAQ Part 22, which directly addresses some recent efforts by employers to reimburse employees for participation in the exchange through Code Section 105, or through some type of other arrangement. Here are the questions, with shortened answers.
(more…)
Tags: Bannockburn, Barrington, Barrington Hills, Bartlett, Batavia, Bensenville, Berwyn, Big Rock, Boulder Hill, buffalo grove, Bull Valley, Burlington, Employers, enrollment, individual health insurance, Marketplace, Tax, the affordable care act
Posted in Health Insurance Cost, Heath Care Costs, Small Business | Comments Off on Why Can’t Employers Pay For Employees To Go To The Exchanges?
Monday, November 3rd, 2014
Benefits Pro reports:
“Apple’s recent moves in the health and wellness technology segment are not yet on the level of game-changers such as the iPod and the iPhone. But the coming release of the Apple Watch and the company’s HealthKit app has people talking — and competitors watching carefully.
The company’s latest piece of hardware, the Apple Watch, is not the first of its kind. But it’s likely to be the gold standard, due partly to Apple’s well-polished marketing machine and partly to some truly innovative and useful features.
(more…)
Tags: Alden, Algonquin, application, Arlington Heights, aurora, Bannockburn, Barrington Hills, Cook, health, Humana, IL, insurance, IRS, PPO, Will
Posted in Insurance Reform | Comments Off on How much will Apple bite into consumer health?
Friday, October 17th, 2014
Benefits Pro reports:
“Oops. The private exchange juggernaut may have just hit a bump in the road to success.
Myriad studies have tried to fathom whether major employers will decide to shift their employees to the growing number of private health exchanges. Some research has suggested shifting workers to a private exchange model will result in health coverage cost savings for employers.
(more…)
Tags: affordable care, Aflac, Alden, Algonquin, Bannockburn, Barrington, Bensenville, Berwyn, employees, Employers, health care costs, health plan, private exchange
Posted in Exchange, Insurance Reform | Comments Off on Most employers to reject private exchanges
Wednesday, September 3rd, 2014
Insurance News Net reports:
“The Affordable Care Act locks in the status quo, but new technology is making health care cheaper and more individualized.
Health care costs in the U.S. have been rising so steadily for so long that containment barely seems possible. Even optimists don’t dream of cutting the price tag. As its official name-the Patient Protection and Affordable Care Act-suggests, Obamacare aims for affordability, not radical reduction.
(more…)
Tags: Affordable Care Act, Aflac, Alden, Algonquin, Arlington Heights, Bannockburn, Barrington Hills, Bartlett, Batavia, Blue Cross, health care costs, health plan, Hospital, Individual Mandate, insurance, insurance plan, ObamaCare, premiums
Posted in Health Reform, Heath Care Costs | Comments Off on Smart Apps vs. Obamacare
Wednesday, July 30th, 2014
Benefits News reports:
“The Internal Revenue Service on Thursday released drafts of the forms employers will use to report on health coverage they offer to their employees, unveiling a glimpse of the administrative onus in store for benefit advisers and their employer clients working to comply with the Affordable Care Act.
Despite continuing calls to further delay the mandate and confusion about employer shared responsibility requirements following conflicting court rulings just this week on ACA subsidies offered on the federal exchange, the IRS posted to its website draft forms for employers and individuals to use when reporting their health coverage starting in 2015.
(more…)
Tags: affordable care, Affordable Care Act, affordable health insurance, Alden, Algonquin, application, Atena, Bannockburn, Bartlett, BCBSIL, Bensenville, Berwyn, Court Ruling, Health and Human Services, individual, Individuals, Medicare, the affordable care act
Posted in Insurance Reform | Comments Off on Feds release draft tax forms for employer compliance with ACA
Tuesday, July 15th, 2014
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 new policy now (either on a state exchange or directly from an insurer or agent) if you move or experience certain other “life changes,” including getting married or divorced, having or adopting a baby, and losing other health insurance. You generally have 60 days from the date of the event to buy a new policy. (more…)
Tags: Arlington Heights, Bannockburn, Barrington Hills, Bartlett, Berwyn, Big Rock, Costs, Health insurance exchange, individual health insurance, special enrollment
Posted in Health Insurance Cost | Comments Off on Ask Kim: buying health insurance in the off-season
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