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Posts Tagged ‘Bensenville’
Wednesday, July 24th, 2019
JD Supra reports:
“Background
Healthcare coverage became an employer-offered benefit during World War II as the result of the federal government’s wage and price controls[1]. Since that time, Medicare has become an important part of how healthcare is provided to individuals who reached the age of 65, who became disabled, or who were diagnosed with end stage renal disease. When Medicare entered the mix, a number of additional rules to protect those eligible for Medicare were also added to protect the Medicare system. Now, an employer seeking to contain health benefit costs must consider not only tax considerations, but Medicare and ERISA and other requirements. Thus, when the federal government agencies started designing a new way to facilitate the purchase of individual health insurance, they had to design around decades of rules, regulations, and policy considerations in the move back to a pre-World War II individual obligation to purchase health insurance to avoid violating the interim changes in legal requirements.
(more…)
Tags: Bensenville, Defined Contribution, Government, health savings account, High deductible health plan, Mental Health, PPO, premiums, private exchange, South Barrington, United Healthcare, Village of Lakewood, Wicker Park, Woodridge
Posted in Health Insurance Cost | Comments Off on New Tool to Contain Employer Healthcare Costs
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.
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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.
Tuesday, September 19th, 2017
The NY Times reports:
“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.
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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
Posted in Affordable Care Act, Health Laws | Comments Off on Trump Administration Sharply Cuts Spending on Health Law Enrollment
Friday, March 24th, 2017
Yahoo Finance reports:
“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.
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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
Monday, January 11th, 2016
Energy & Commerce Reports:
“WASHINGTON, DC – The number of failed Obamacare CO-OPs grew to one dozen today as Michigan became the latest to announce it was closing. To date, 12 of the original 23 CO-OPs have closed, bringing the total cost to taxpayers at more than $1.23 billion. This Thursday, the Subcommittee on Oversight and Investigations will hold a hearing on “Examining the Costly Failures of Obamacare’s CO-OP Insurance Loans.” (more…)
Tags: ACA, ACA requirements, affordable care, Affordable Care Act, affordable health insurance, Algonquin, barack obama, Barrington, Bartlett, Bensenville, Bull Valley, buy health insurance, buying insurance, Carol Stream, Changeing Health Care, Chicago, Chicagoland, Cook, Cook County, Costs, coverage plan, Crystal Lake, DeKalb, DeKalb County, Des Plaines, Desplaines, Downers Grove, DuPage County, enroll, Government, government regulations, health, Health and Human Services, 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 programs, healthcare reform, healthcare.gov, IL, Illinois, Illinois Department of Insurance, Illinois health insurance exchange, individual health insurance, insurance news, insurance plan, Insurance Reform, Kane, Kane County, Kendall, Kendall County, Lake County, Lake View, Logan Square, Long Grove, McHenery, McHenry, McHenry County, Naperville, new health care, New health insurance law ACA, North Barrington, North West Suburbs, Northern Illinois, Northwest Suburbs, Obama care, ObamaCare, Obamacare regulation, open enrollment, Palatine, Park Ridge, Prairie Grove, revenue measures, Riverwoods, Saint Charles, Schiller Park, Skokie, Spring Grove, state health insurance, state legislatures, Tax, taxpayer dollars, the affordable care act, Village of Lakewood, West Chicago, Wicker Park, Will, Will County, Wilmette, Wood Dale, Woodstock
Posted in Health Insurance Cost, Health Insurance News, Heath Care Costs | Comments Off on With Michigan Closure, More Than Half of Obamacare CO-OPs Have Now Failed
Monday, July 13th, 2015
Business Insurance reports:
“It looks like the Obama administration may have another big legal headache in defending the Affordable Care Act.
A Republican-appointed judge’s comments Thursday suggest that it’s very possible the administration will have to fight a new high-stakes court battle to save another key affordable coverage feature of the law. (more…)
Tags: Affordable Care Act, Bensenville, Berwyn, Big Rock, Boulder Hill, Broker, deductibles, exchange, health reform, the affordable care act
Posted in Health Laws, Insurance Reform | Comments Off on Judge’s comments signal another legal nightmare for health reform law
Thursday, June 25th, 2015
Crain’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.
(more…)
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
Wednesday, April 22nd, 2015
The State reports:
“Tim Liszewski didn’t have health insurance for a decade before signing up for a subsidized policy through the Affordable Care Act’s federal marketplace last year.
He likely will be uninsured again if the U.S. Supreme Court rules federal subsidies are illegal in states such as South Carolina that didn’t create their own insurance exchanges. The court hears arguments about that issue in the King v. Burwell case on Wednesday, with a decision likely coming in June.
(more…)
Tags: ACA, Affordable Care Act, Alden, Algonquin, Arlington Heights, Barrington Hills, Bartlett, Batavia, Bensenville, Berwyn, Big Rock, health care law, individual insurance, Lake, medical expenses, Medicare, Supreme Court, the affordable care act
Posted in Health Care .gov, Insurance Reform, Political | Comments Off on More than 100,000 in SC could lose health insurance if Supreme Court rules against subsidies
Friday, February 27th, 2015
Crain’s Chicago Business reports:
“Proving that no one is immune to the changes sweeping the health care industry, two of Chicago’s most prestigious teaching hospitals are being dinged by insurance companies trying to control costs.
Humana is ending a 20-year relationship with University of Chicago Medicine, which will be eliminated from the insurer’s networks April 1.
(more…)
Tags: affordable care, Affordable Care Act, Barrington, Barrington Hills, Bartlett, Batavia, Bensenville, Berwyn, Big Rock, Boulder Hill, buffalo grove, Bull Valley, Burlington, exchange, Hospital, Humana, Illinois, Maywood
Posted in Health Insurance Cost, Illinois | Comments Off on Even U of C Medicine and Rush have health insurance problems
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.
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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?
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