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Posts Tagged ‘Boulder Hill’

Trump Is Being Vague About What He Wants to Replace Obamacare. But There Are Clues.

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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Governor Rauner, veto HB 2624

Tuesday, August 21st, 2018

American Thinker reports:

“Illinois HB 2624, introduced by Representative Laura Fine, limits the duration of short-term health insurance plans to 181 days.  The intent of HB 2624 is to ensure that healthier people do not enroll in the short-term health insurance plans that will be able to last up to 36 months without new underwriting under the new Health and Human Services guidelines, thus preserving the Illinois exchange.

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Mendoza criticizes Illinois’ ‘lawless’ fiscal climate

Wednesday, March 8th, 2017

Crain’s Chicago Business reports:

“Hospitals and doctors treating patients on the state payroll are now owed a collective $4.3 billion, Democratic Comptroller Susana Mendoza highlights in a new report that reflects a “lawless fiscal climate.”

The annual state report for the fiscal year ended June 30 “paints a worsening outlook” for Illinois’ financial future, the comptroller’s office said in a statement.

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Judge’s comments signal another legal nightmare for health reform law

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…)

Even U of C Medicine and Rush have health insurance problems

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.

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Why Can’t Employers Pay For Employees To Go To The Exchanges?

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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Modified Adjusted Gross Income under the Affordable Care Act

Monday, November 3rd, 2014

For individual/family plans, what is included in household income for subsidy determination? How do I know what to state for my income to determine subsidies?

Household income includes incomes of the taxpayer, spouse, and dependents. In determining eligibility for exchange subsidies, income will be based on your attestation of your expected income in 2015 and will be verified by the exchange with documentation from your most recent tax return, with consideration of reasonable changes you expect. Exchanges will calculate enrollees’ household incomes using Modified Adjusted Gross Income, or MAGI.  The MAGI calculation includes such income sources as wages, salary, foreign income, interest, dividends, and Social Security. MAGI calculation does not include income from gifts, inheritance and some other income sources are partially excluded. More information on MAGI is available here

MAGI_summary13

Small Firms Hit by Big Changes in Health Coverage

Wednesday, September 3rd, 2014

The Wall Street Journal reports:

“Businesses with fewer than 50 workers are exempt from the most stringent requirements for larger employers under the federal health-care law. But that doesn’t mean they’re off the hook entirely.

Smaller employers aren’t required under the Affordable Care Act to offer coverage for their full-time workers—as larger firms must by 2016 or face penalties, for instance. But many owners of small ventures and startup entrepreneurs are nonetheless facing big changes to how they obtain their own health coverage, as well as to the benefits they’re able to offer employees.

“It’s a myth that smaller firms aren’t being hit” by the health law, albeit in less obvious ways, says James Schutzer, president of the New York State Association of Health Underwriters, referring to employers with fewer than 50 workers.

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Getting Affordable Care Act subsidies

Thursday, July 17th, 2014

USA Today reports:

“The Affordable Care Act (ACA), aka Obamacare, provides subsidies to Americans making up to 400% of the poverty level, about $94,200 for a family of four. Can you juggle finances to best cash in on subsidies?

Rather than limiting subsidies to only those with a small net worth, the ACA provides aid to all persons with low incomes, including those early or partial retirees.

(more…)

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