“As “Medicare for All” increasingly becomes a battle cry for Democrats on Capitol Hill and those running for president, the nonpartisan Congressional Budget Office weighed in Wednesday on how difficult it could be to move to a single government health care system.
Posts Tagged ‘buffalo grove’
‘Medicare for All’ system could be complicated, potentially disruptive, say budget analysts
Monday, May 20th, 2019Tags: Bernie Sanders, buffalo grove, Glendale Heights, Glenview, Government, health care system, health plan, individual, Medicaid, Medicare, Tax
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Trump Is Being Vague About What He Wants to Replace Obamacare. But There Are Clues.
Tuesday, April 9th, 2019“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.
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
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Governor Rauner, veto HB 2624
Tuesday, August 21st, 2018“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.
Tags: affordable health insurance, Boulder Hill, buffalo grove, Bull Valley, Burlington, Health and Human Services, Illinois, insurance plan, the affordable care act
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IRS Grants Extension for 6055 and 6056 Reporting
Tuesday, January 26th, 2016According to United Healthcare, Broker Connection Special Edition:
“On Dec. 28, 2015, the IRS announced that it is granting an automatic extension for the 2015 information returns required of insurers, employers and certain other providers of Minimum Essential Coverage (MEC) under Section 6055 and 6056 of the Internal Revenue Code (IRC).
Coverage providers that need more time now have until March 31 to get Form 1095 to individuals and until June 30 to electronically file with the IRS. For providers not filing electronically, the deadline is May 31, 2016. (more…)
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Healthcare.gov CEO says insurance marketplace’s complexity argues for agents
Tuesday, January 26th, 2016According to The Advocate:
“The Affordable Care Act is confusing and complicated, which means that health insurance agents and brokers are needed to help consumers pick the best plans for them, Kevin Counihan, chief executive officer of Healthcare.gov, said Monday.
“It’s got plenty of opportunity to be made a little bit better,” Counihan said. “And I’m very hopeful and confident that as we get more adults in Congress that they’re all going to sit down, the two sides together, and they’re going to address some of these issues.”
Counihan spoke to about 20 brokers and agents at an event hosted in Baton Rouge by the Louisiana Association of Health Underwriters.
Tags: ACA, ACA requirements, advice, Advocate Heath Care, affordable care, Affordable Care Act, affordable health insurance, Albany Park, Algonquin, Andersonville, Arlington Heights, Atena, aurora, barack obama, Barrington, Barrington Hills, Bartlett, Broker, Bucktown, buffalo grove, buying insurance, care reform legislation, Carpentersville, Cary, Changeing Health Care, Chicago, Chicagoland, Cook, Cook County, Costs, coverage plan, deductibles, Deer Park, DeKalb, DeKalb County, Downers Grove, DuPage, DuPage County, employer health insurance, enroll, enrollment, family plan, Fox Valley, 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, Humana, Huntley, IL, Illinois, Illinois Department of Insurance, Illinois health insurance exchange, individual, Insurance benefit consultant, insurance broker, insurance industry, insurance news, insurance plan, Insurance Reform, Kane, Kane County, Kendall, Kendall County, Lake, Lake County, Lake View, Logan Square, Marketplace, McHenery, McHenry, McHenry County, Navigator, new health care, New health insurance law ACA, North Aurora, North West Suburbs, Northern Illinois, Northwest Suburbs, notices, Obama care, ObamaCare, Obamacare regulation, open enrollment, PPO, Producer, Schaumburg, sign up, Skokie, South Barrington, state health insurance, state legislatures, the affordable care act, UnitedHealthcare, Villa Park, West Chicago, Wicker Park, Will, Will County, workplace
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Coming soon to your mailbox: An Obamacare tax form
Tuesday, January 26th, 2016According 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
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…)
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Blue Cross, UnitedHealthcare return to Illinois Obamacare exchange
Monday, January 11th, 2016Crain’s Chicago Business Reports:
“Aetna is returning to sell plans on the Illinois health insurance exchange after taking a year off.
Also returning are giants Blue Cross & Blue Shield of Illinois, the dominant insurer in the state; UnitedHealthcare, which is affiliated with Minnetonka, Minn.-based UnitedHealth Group, and Chicago-based Land of Lincoln Health.
Mostly familiar faces are returning to the exchange for enrollment that begins Nov. 1, according to the Illinois Department of Insurance. Other companies that received federal approval to sell plans include:
—Health Alliance, based in downstate Urbana.
—Celtic Insurance, which is part of St. Louis-based Centene Corp.
—Coventry Health, part of Hartford, Conn.-based Aetna.
—Harken Health, of which UnitedHealth Group is an investor.
—Humana, based in Louisville, Ky.
Tags: 2015, 2016, ACA, ACA requirements, Advocate Heath Care, affordable care, Affordable Care Act, affordable health insurance, Albany Park, Algonquin, Andersonville, Atena, aurora, Barrington, Bartlett, BCBS, BCBSIL, Blue Cross, Blue Cross and Blue Shield, Blue Cross and Blue Shield of Illinois, Bucktown, buffalo grove, Burlington, buy health insurance, buying insurance, care reform legislation, Carol Stream, Carpentersville, Chicago, Chicagoland, Cook, Cook County, coverage plan, Crystal Lake, DeKalb, DeKalb County, departments of health and human services, Dundee, DuPage County, Elgin, employer health insurance, enrollment, exchange, Forest Park, Fox River Grove, Fox Valley, Glenview, government regulations, group health plan, Harwood Heights, 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 plan, health savings account, healthcare reform, healthcare.gov, Humana, Huntley, IL, Illinois, Illinois Department of Insurance, Illinois health insurance exchange, Insurance benefit consultant, insurance broker, insurance industry, IRS, Kane, Kane County, Kendall, Lake County, Lake in the Hills, Lake View, Long Grove, Marengo, Marketplace, McCullen Lake, McHenry, McHenry County, Naperville, North Barrington, North West Suburbs, Northern Illinois, Northwest Suburbs, Oakwood Hills, Obama care, ObamaCare, Obamacare regulation, Palatine, Park Ridge, Pingree Grove, Prairie Grove, Ringwood, Rolling Meadows, Saint Charles, Schaumburg, Skokie, small businesses, South Barrington, South Elgin, the affordable care act, United Health Care, United Healthcare, UnitedHealthcare, Village of Lakewood, Wasco, West Chicago, West Dundee, Wicker Park, Will, Will County, Wood Dale, Woodridge, Woodstock
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Blue Cross, Advocate team up on new health insurance plan
Monday, January 11th, 2016Crains Chicago Business Reports:
“Blue Cross & Blue Shield of Illinois and Advocate Health Care are teaming up to offer a health plan that will be one of the cheapest options the insurer offers on and off the Obamacare exchange.
The plan, called BlueCare Direct, is a marriage of two giants. Blue Cross is the largest health insurer in the state, and Downers Grove-based Advocate is the largest health care system, with 12 hospitals and more than 4,000 doctors.
The BlueCare Direct network will include 250 of Advocate’s sites of care in Cook, DuPage, Lake, Kane and Will counties, including nine of its hospitals and a children’s hospital with two campuses. Enrollees can stick with their primary care doctor outside of Advocate’s system, but the plan will not cover it, said Dr. Lee Sacks, chief medical officer for Advocate.
Tags: 2015, 2016, ACA, ACA requirements, affordable care, Affordable Care Act, affordable health insurance, Albany Park, Andersonville, barack obama, Barrington Hills, BCBS, BCBSIL, Blue Cross, Blue Cross and Blue Shield, Blue Cross and Blue Shield of Illinois, buffalo grove, buy health insurance, buying insurance, Carpentersville, Cary, Changeing Health Care, Chicago, Chicagoland, Cook, Cook County, coverage plan, Crystal Lake, Deerfield, DeKalb County, Des Plaines, Downers Grove, Dundee, DuPage, DuPage County, employer health insurance, enroll, enrollment, exchange, Forest Park, Glenview, Government, health, Health and Human Services, health care benefits, health care costs, health care law, health care reform, health care system, health insurance, health insurance costs, health insurance coverage, Health insurance exchange, health insurance marketplace, health insurance premiums, health insurance reform, health plan, health programs, healthcare reform, healthcare.gov, Hebron, Highland Park, Hospital, IL, Illinois Department of Insurance, Illinois health insurance exchange, insurance plan, Insurance Reform, Kane, Kane County, Kaneville, Lake, Lake County, Lake in the Hills, Lake View, Lakewood, Lincoln Park, Logan Square, Long Grove, McHenry County, new health care, New health insurance law ACA, North West Suburbs, Northern Illinois, Northlake, Northwest Suburbs, Obama care, ObamaCare, Obamacare regulation, open enrollment, PPO, premiums, Prospect Heights, Riverwoods, Rolling Meadows, Saint Charles, Schiller Park, Skokie, Stone Park, Streamwood, Sugar Grove, the affordable care act, Village of Lakewood, West Chicago, Wicker Park, Will, Will County, Woodstock
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Healthcare.gov CEO says insurance marketplace’s complexity argues for agents
Monday, January 11th, 2016“The Affordable Care Act is confusing and complicated, which means that health insurance agents and brokers are needed to help consumers pick the best plans for them, Kevin Counihan, chief executive officer of Healthcare.gov, said Monday.
“It’s got plenty of opportunity to be made a little bit better,” Counihan said. “And I’m very hopeful and confident that as we get more adults in Congress that they’re all going to sit down, the two sides together, and they’re going to address some of these issues.”
Counihan spoke to about 20 brokers and agents at an event hosted in Baton Rouge by the Louisiana Association of Health Underwriters. (more…)
Tags: ACA, ACA requirements, Advocate Heath Care, affordable care, Affordable Care Act, affordable health insurance, Albany Park, Algonquin, Andersonville, barack obama, Barrington, Barrington Hills, Bartlett, BCBS, BCBSIL, Blue Cross and Blue Shield of Illinois, budget cuts, buffalo grove, buy health insurance, buying insurance, care reform legislation, Carol Stream, Carpentersville, Cary, Chicago, Chicagoland, Cicero, COBRA, Consultant, Cook, Cook County, Costs, Crystal Lake, deductibles, DeKalb, DeKalb County, departments of health and human services, Des Plaines, Downers Grove, Dundee, DuPage County, East Dundee, Elgin, employer health insurance, enroll, enrollment, exchange, family plan, Fox River Grove, Fox Valley, Geneva, Gilberts, Glendale Heights, Government, government regulations, group health plan, group health plans, Hampshire, Health and Human Services, health care benefits, health care costs, health care law, health care reform, health care system, health insurance, health insurance costs, health insurance coverage, Health insurance exchange, health insurance marketplace, health insurance reform, health plan, health programs, health reform, health savings account, healthcare reform, healthcare.gov, High deductible health plan, human resources, Humana, Huntley, IL, Illinois health insurance exchange, individual, Insurance benefit consultant, insurance broker, Kane, Kane County, Kendall County, Key Findings ACA, Lake County, Lake in the Hills, Lake View, Lakewood, Long Grove, Marengo, Marketplace, McHenery, McHenry, McHenry County, Morton Grove, Naperville, new health care, New health insurance law ACA, Northlake, Oak Park, Obama care, ObamaCare, Obamacare regulation, open enrollment, Palatine, Prairie Grove, Riverwoods, Saint Charles, Schaumburg, South Barrington, Streamwood, taxpayer dollars, the affordable care act, U.S. Senate, unemployment, United Healthcare, UnitedHealthcare, Wasco, West Chicago, Wheaton, Will County
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