“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.
Posts Tagged ‘Batavia’
Trump Is Being Vague About What He Wants to Replace Obamacare. But There Are Clues.
Tuesday, April 9th, 2019Tags: 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.
Student Loan Repayment Is The Hottest Employee Benefit Of 2018
Thursday, October 25th, 2018“It’s the hottest employee benefit of 2018.
Student loan repayment assistance.
Vacation time, 401k plans and health insurance are great, but what recent graduates really want is help repaying their student loan debt.
Tags: 2018, 2019, Barrington, Barrington Hills, Bartlett, Batavia, employees, employer benefits, group benefits, health insurance, retirement
Posted in Employer benefits | Comments Off on Student Loan Repayment Is The Hottest Employee Benefit Of 2018
4 New Exemptions To The Tax Penalty For Lacking Health Insurance
Tuesday, May 8th, 2018“There already have been more than a dozen reasons U.S. consumers can use to avoid paying the penalty for not having health insurance. Now the federal government has added four more.
These “hardship exemptions” let people off the hook if they can’t find a marketplace plan that meets not only their coverage needs but also reflects their view if they are opposed to abortion.
Tags: Affordable Care Act, Barrington, Barrington Hills, Bartlett, Batavia, buy health insurance, Dundee, DuPage, DuPage County, East Dundee, enroll, health reform, Tax
Posted in Affordable Care Act, Insurance Reform | Comments Off on 4 New Exemptions To The Tax Penalty For Lacking Health Insurance
Trump Administration Sharply Cuts Spending on Health Law Enrollment
Tuesday, September 19th, 2017“The Trump administration is slashing spending on advertising and promotion for enrollment under the Affordable Care Act, a move some critics charged was a blatant attempt to sabotage the law.
Officials with the Department of Health and Human Services, who insisted on not being identified during a conference call with reporters, said on Thursday that the advertising budget for the open enrollment period that starts in November would be cut to $10 million, compared with $100 million spent by the Obama administration last year, a drop of 90 percent. Additionally, grants to about 100 nonprofit groups, known as navigators, that help people enroll in health plans offered by the insurance marketplaces will be cut to a total of $36 million, from about $63 million.
Tags: Affordable Care Act, Bartlett, Batavia, Bensenville, Berwyn, Big Rock, Costs, Health and Human Services, health plan, Navigator, open enrollment, the affordable care act, Trump
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A new kind of doctor’s office charges a monthly fee and doesn’t take insurance — and it could be the future of medicine
Friday, March 24th, 2017“Dr. Bryan Hill spent his career working as a pediatrician, teaching at a university, and working at a hospital. But in March 2016, he decided he no longer wanted a boss.
He took some time off, then one day he got a call asking if he’d be up for doing a house call for a woman whose son was sick. He agreed, and by the end of that visit, he realized he wanted to treat patients without dealing with any of the insurance requirements.
Tags: Affordable Care Act, Barrington, Barrington Hills, Bartlett, Batavia, Bensenville, Berwyn, Big Rock, Blue Cross, Health and Human Services, health insurance, Hospital, insurance plan, medical expenses, Medicare, requirements, the affordable care act
Posted in Health Insurance News | Comments Off on A new kind of doctor’s office charges a monthly fee and doesn’t take insurance — and it could be the future of medicine
Obamacare Encounters Another Bump in the Road
Thursday, April 28th, 2016According to News Max Finance:
” Well, the hammer has fallen: The largest health insurer in the U.S. has started pulling out of select Obamacare exchanges.
Five months ago UnitedHealth, which had been singing sunny songs to investors about its bright future on the exchanges, abruptly began crooning the blues. In an earnings call barely a month after executives assured investors that all was going swimmingly, they confessed that they were losing a ton of money on their Obamacare policies and described a pattern that sounded as if consumers were gaming the system — signing up for a few months, using a ton of services, and then canceling their policies. If this continued, they said, they would have no choice but to pull out of the exchange business. (more…)
Tags: ACA, affordable care, Affordable Care Act, Albany Park, Andersonville, aurora, Bartlett, Batavia, Bucktown, budget cuts, buying insurance, Carpentersville, Cary, Changeing Health Care, Chicago, Chicagoland, Cook, Cook County, Costs, Crystal Lake, DeKalb, DeKalb County, Downers Grove, East Dundee, Elgin, Elmwood Park, employer health insurance, enroll, enrollment, Fox River Grove, health care costs, health care law, health care reform, health insurance costs, health insurance coverage, Health insurance exchange, health insurance marketplace, health insurance reform, health plan, health reform, healthcare reform, Huntley, insurance industry, insurance news, insurance plan, Insurance Reform, Kane, Kane County, Kaneville, Lake County, Lake View, Lisle, Long Grove, Marketplace, McHenery, McHenry, McHenry County, Mr. Obama, Naperville, new health care, New health insurance law ACA, North Aurora, North West Suburbs, Northern Illinois, Northwest Suburbs, Oakbrook Terrace, Oswego, Park Ridge, Ringwood, Rolling Meadows, Roselle, Schaumburg, state health insurance, the affordable care act, UHC, United Health Care, United Healthcare, UnitedHealthcare, Villa Park, Wasco, West Chicago, Wicker Park, Will, Will County, Woodstock
Posted in Affordable Care Act, Exchange, Health Insurance News, Insurance Reform | Comments Off on Obamacare Encounters Another Bump in the Road
Humana to Record 2016 Obamacare Shortfall, Membership Drops
Tuesday, January 26th, 2016According to Bloomberg Business:
“Humana Inc. is the latest insurer to run into trouble in Obamacare’s individual health-insurance markets.
The health insurer said that it probably won’t collect enough money to cover costs for some customers who bought individual plans, and will set aside what’s known as a premium deficiency reserve. The shortfall is for 2016 plans that comply with new rules under the Affordable Care Act, Louisville, Kentucky-based Humana said Friday.
UnitedHealth Group Inc., the biggest U.S. health insurer, said in November that it might stop participating in the Obamacare next year after taking losses. One analyst predicted that Humana would follow suit.
(more…)
Tags: 2015, 2016, ACA, ACA requirements, Advocate Heath Care, affordable care, Affordable Care Act, affordable health insurance, Albany Park, Algonquin, Andersonville, Arlington Heights, Atena, aurora, barack obama, Barrington Hills, Bartlett, Batavia, BCBS, BCBSIL, Bucktown, budget cuts, buffalo grove, Bull Valley, buy health insurance, buying insurance, California healthline, cancer coverage, care reform legislation, Carol Stream, Carpentersville, Changeing Health Care, Chicago, Chicagoland, Cicero, College Grads, commerce clause of the constitution, Commonwealth Care Health Insurance, Cook, Cook County, Costs, coverage plan, Crystal Lake, Deerfield, DeKalb, DeKalb County, Des Plaines, Downers Grove, Dundee, DuPage, DuPage County, Elburn, enroll, enrollment, Fox River Grove, Fox Valley, Geneva, Gilberts, Glen Ellyn, government regulations, Hampshire, Harwood Heights, 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, Herbron, Highland Park, Humana, Huntley, IL, Illinois, Illinois health insurance exchange, individual, individual health insurance, individual insurance, Individual Mandate, Individual Shared Responsibility, Individuals, Insurance benefit consultant, insurance broker, insurance industry, insurance news, insurance plan, Insurance Reform, Itasca, Kane, Kane County, Kendall, Kendall County, Lake County, Lake in the Hills, Lake View, Lakewood, Lincoln Park, Maple Park, Marengo, Marketplace, McCullen Lake, McHenery, McHenry, McHenry County, Naperville, new health care, New health insurance law ACA, Niles, North Aurora, North Barrington, North West Suburbs, Northwest Suburbs, Obama care, ObamaCare, Obamacare regulation, open enrollment, Palatine, Park Ridge, Producer, Riverwoods, Rolling Meadows, Schaumburg, self-insurance, single payer health care system, South Barrington, special enrollment, state health insurance, Streamwood, Sugar Grove, the affordable care act, Tower Lakes, Village of Lakewood, Warrenville, Wasco, West Chicago, Wicker Park, Wood Dale, young adults
Posted in Affordable Care Act, Health Insurance News, Individual Health Insurance | Comments Off on Humana to Record 2016 Obamacare Shortfall, Membership Drops
Kraft Heinz pushes retirees to health exchanges
Tuesday, October 20th, 2015Crain’s Chicago Business reports:
“Kraft Heinz Co., which counts Warren Buffett’s Berkshire Hathaway Inc. as its largest shareholder, is pushing some of its retirees to health exchanges as the company cuts expenses.
The foodmaker is eliminating some benefits as it seeks to provide care in “the most cost-effective manner,” according to a letter to retirees and their spouses dated Sept. 1, a copy of which was obtained by Bloomberg.
Tags: Arlington Heights, Barrington, Barrington Hills, Bartlett, Batavia, exchange, health plan, individual, insurance, Marketplace, Medicare
Posted in Exchange, Insurance Reform | Comments Off on Kraft Heinz pushes retirees to health exchanges
Many HSAs could trigger Cadillac tax
Monday, July 13th, 2015“As more organizations study the Cadillac tax’s implications, it’s becoming clearer that even plans more along the lines of a Ford Focus could trigger the payment. And while there’s growing opposition to the tax, with pressure on the Obama administration to alter or scrap it, currently it remains a looming reality.
Tags: Bartlett, Batavia, Cook, Cook County, Costs, court challenges, Court Ruling, coverage plan, health, health savings account, HSA, insurance plan
Posted in Health Insurance Cost | Comments Off on Many HSAs could trigger Cadillac tax
A $394 million Obamacare tax for Illinois
Thursday, June 25th, 2015Crain’s Chicago Business reports:
“There’s more than a touch of absurdity in the way an industry fee in President Barack Obama’s health care law is being passed along to state taxpayers.
As Alice in Wonderland might say, a curious tax just got curiouser. The burden to states could mount to $13 billion in less than a decade.
Tags: barack obama, Bartlett, Batavia, BCBSIL, Bensenville, Berwyn, Big Rock, Blue Cross, Chicago, Government, health care costs, insurance industry, small businesses, Tax
Posted in Affordable Care Act, Illinois | Comments Off on A $394 million Obamacare tax for Illinois
