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Posts Tagged ‘Burlington’
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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Tags: affordable health insurance, Boulder Hill, buffalo grove, Bull Valley, Burlington, Health and Human Services, Illinois, insurance plan, the affordable care act
Posted in Illinois Health Insurance | Comments Off on Governor Rauner, veto HB 2624
Tuesday, May 8th, 2018
Investopedia reports:
“On February 20, 2018, the Departments of Health and Human Services (HHS), Labor and the Treasury released a proposed rule that would increase the length of coverage for short-term health insurance plans from three months to 364 days. They proposed this rule in response to an executive order President Trump issued in October 2017 telling these departments to propose regulations or guidance that would make this type of insurance more available in order to encourage consumer choice and provider competition in the health insurance market.
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Tags: Affordable Care Act, Bull Valley, Burlington, Chicago, Costs, departments of health and human services, enroll, enrollment, Fox River Grove, Fox Valley, Franklin Park, individual, Individuals, insurance, insurance plan, Marketplace, open enrollment
Posted in Individual Health Insurance, Short Term Insurance | Comments Off on What is Trump’s New Short-Term Health Insurance Order?
Thursday, April 21st, 2016
According to Time Inc.
“Many Americans will get new tax forms for the first time. Here’s what to do with them.
This year, you may be receiving tax forms you’ve never seen before, all thanks to the Affordable Care Act, aka Obamacare. For the most part, these documents won’t make tax filing too much harder—with one big exception. Here’s what you need to know about this paperwork, depending on what kind of health insurance you had in 2015.
If you had health insurance from your employer all year…
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Tags: ACA, ACA requirements, affordable care, Affordable Care Act, affordable health insurance, Andersonville, Barrington, Blue Cross, Blue Cross and Blue Shield, Bucktown, budget cuts, Burlington, Cary, Chicago, Chicagoland, Crystal Lake, DeKalb, DeKalb County, Downers Grove, Forest Park, Fox Valley, Geneva, Hampshire, Harvard, health care costs, health care law, health care reform, health care system, health insurance costs, health insurance coverage, health insurance marketplace, health reform, healthcare reform, IL, Illinois, insurance industry, insurance news, insurance plan, Insurance Reform, Kane, Kane County, Kendall, Kendall County, Lake County, Lake View, McHenery, McHenry, Morton Grove, Mr. Obama, new health care, New health insurance law ACA, North West Suburbs, Northern Illinois, Northwest Suburbs, Obama care, ObamaCare, Obamacare regulation, open enrollment, Palatine, Saint Charles, Schaumburg, South Barrington, Streamwood, Tax, taxpayer dollars, the affordable care act, United Health Care, West Chicago, Wicker Park, Will, Will County, young adults, young people
Posted in Affordable Care Act | Comments Off on How Obamacare Makes Tax Filing Trickier
Monday, January 11th, 2016
Crain’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.
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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
Posted in Affordable Care Act, Health Insurance News, Small Business | Comments Off on Blue Cross, UnitedHealthcare return to Illinois Obamacare exchange
Thursday, June 25th, 2015
Benefits Pro reports:
“The IRS said it is raising the maximum allowable contribution to a health savings account by $100 in 2016 — but only for families.
The IRS quietly announced last week that the maximum contribution that can be made next year to an HSA linked to a high-deductible plan will be $6,750 for employees with family coverage, up from $6,650 in 2015. The maximum contribution for those with single coverage, however, will remain unchanged at $3,350.
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Tags: Atena, Bartlett, Burlington, Campton Hills, Carpentersville, Chicago, Chicagoland, deductibles, employees, health savings account, HSA, individual, Individuals, IRS
Posted in Heath Care Costs | Comments Off on IRS sets 2016 HSA limits
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?
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
Tags: Affordable Care Act, Barrington Hills, Bartlett, Batavia, Bensenville, Berwyn, Big Rock, Boulder Hill, Bull Valley, Burlington, individual, MAGI, Modified Adjusted Gross Income, subsidies, the affordable care act
Posted in Uncategorized | Comments Off on Modified Adjusted Gross Income under the Affordable Care Act
Wednesday, July 30th, 2014
The Daily Caller reports:
“The Obama administration issued yet another waiver to get out of Obamacare — for all the U.S. territories.
The exemption, posted Thursday on a Department of Health and Human Services website, frees U.S. territories from a host of Obamacare regulations on health insurance markets. The territories already weren’t subject to much of the health care law — the individual mandate doesn’t apply to the territories and premium subsidies aren’t available.
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Tags: application, buffalo grove, Bull Valley, Burlington, Campton Hills, Carpentersville, Cary, health care law, health insurance, Individual Mandate, insurance, Medicaid, Medicare, ObamaCare
Posted in Health Reform | Comments Off on The Obama Admin Just Exempted US Territories From Obamacare
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…)
Tags: Affordable Care Act, Blue Cross and Blue Shield of Illinois, Boulder Hill, buffalo grove, Bull Valley, Burlington, California healthline, Campton Hills, cancer, Government, health insurance, individual health insurance, the affordable care act
Posted in Insurance Reform, Subsidy | Comments Off on Getting Affordable Care Act subsidies
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