| |
|
|
Blog |
Posts Tagged ‘Cicero’
Monday, October 30th, 2017
The Chicago Tribune reports:
“As open enrollment for health insurance begins Wednesday, Nov. 1, and several changes have occurred or been proposed, I decided to check in with two industry experts for their advice on what you need to know.
(more…)
Tags: Chicago, Chicagoland, Cicero, Cigna, Clinton, enrollment, health plan, healthcare.gov, individual insurance, insurance broker
Posted in Insurance Reform | Comments Off on Health insurance and open enrollment – what you need to know
Friday, August 18th, 2017
Crains Chicago Business reports:
“Northwestern Memorial Hospital is the only Illinois medical center to land among the best 20 hospitals nationwide, according to new rankings by U.S. News & World Report.
(more…)
Tags: Campton Hills, Carpentersville, Chicago, Cicero, DuPage, Elburn, Elgin, Elmhurst, Elmwood Park, Government, health, health care system, Hospital
Posted in Heath Care Costs, Illinois | Comments Off on One Illinois medical center lands on list of best U.S. hospitals
Friday, August 18th, 2017
The Fool reports:
“There are several popular misconceptions about the financial condition of Medicare, which virtually all American senior citizens rely on to cover healthcare expenses in retirement. Many people believe Medicare is broke, or that there’s virtually no chance that Medicare will still be around by the time they retire. Spoiler alert: Neither of these assumptions are true.
(more…)
Tags: California healthline, Campton Hills, Carol Stream, Carpentersville, Chicagoland, Cicero, Cigna, employees, Medicare, premiums, retirement
Posted in Medicare | Comments Off on How Safe Is Your Medicare?
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.
(more…)
Tags: Boulder Hill, Bull Valley, Carol Stream, Carpend, Carpentersville, Cary, Chicago, Cicero, insurance, insurance plan, state health insurance
Posted in Illinois, Illinois Health Insurance | Comments Off on Mendoza criticizes Illinois’ ‘lawless’ fiscal climate
Tuesday, August 2nd, 2016
Benefits Pro reports:
“Large employers continue to believe in the value of sponsored health benefits for employees, despite the options available to them under the Affordable Care Act. But small employers are increasingly choosing to pull out of the health benefits business.
That’s what a survey from the Employee Benefits Research Institute (EBRI) found when it examined the percentage of employers offering health insurance from 2008 to 2015. Using data from the Medical Expenditure Panel Survey — Insurance Component, EBRI reported that nearly 100 percent of the largest employers (those with 1,000 or more employees) have continued to offer health insurance through the ups and downs and gyrations of the past seven years.
Tags: affordable care, Affordable Care Act, Barrington, Barrington Hills, Cicero, Cigna, Des Plaines, Desplaines, health insurance, small businesses
Posted in Group Health Insurance | Comments Off on Large employers stick with employee health plans, small businesses another story
Thursday, April 28th, 2016
According to The Beacon:
” The Blue Cross and Blue Shield Association, which represents 36 Blue Cross and Blue Shield plans covering 105 million Americans, has just released a study of its members’ claims data in Obamacare exchanges 2014 and 2015. It confirms that Obamacare exchange enrollees are sicker and more expensive than enrollees in pre-Obamacare individual plans or employer-based plans.
 Here I quote four of the study’s findings:
- Members who newly enrolled in BCBS individual health plans in 2014 and 2015 have higher rates of certain diseases such as hypertension, diabetes, depression, coronary artery disease, human immunodeficiency virus (HIV) and Hepatitis C than individuals who had BCBS individual coverage prior to health-care reform.
- Consumers who newly enrolled in BCBS individual health plans in 2014 and 2015 received significantly more medical care, on average, than those with BCBS individual plans prior to 2014 who maintained BCBS individual health coverage into 2015, as well as those with BCBS employer-based group health insurance.
(more…)
Tags: 60006, 60018, 60024, 60039, 60067, 60072, 60116, 60131, 60134, 60162, 60165, 60183, 60204, 60304, 60522, 60599, ACA, ACA requirements, Advocate Heath Care, affordable care, Affordable Care Act, affordable health insurance, Andersonville, Barrington Hills, BCBS, BCBSIL, Blue Cross, Blue Cross and Blue Shield, Blue Cross and Blue Shield of Illinois, Bucktown, buy health insurance, buying insurance, Campton Hills, Changeing Health Care, Cicero, Cook, Cook County, Costs, Crystal Lake, DeKalb, DeKalb County, Downers Grove, DuPage, DuPage County, Elgin, Evanston, Fox River Grove, Glenview, government regulations, Harvard, health care costs, health care law, health care reform, health care system, health insurance costs, health insurance coverage, Health insurance exchange, health insurance marketplace, health insurance reform, healthcare reform, Huntley, individual health insurance, individual insurance, insurance industry, insurance news, Insurance Reform, Kane, Kane County, Kendall, Kendall County, Key Findings ACA, Lake County, McHenery, McHenry, McHenry County, Mr. Obama, new health care, New health insurance law ACA, North West Suburbs, Northern Illinois, Northwest Suburbs, Obama care, ObamaCare, Obamacare regulation, pre existing conditions, Rolling Meadows, Sleepy Hollow, South Elgin, Sugar Grove, the affordable care act, West Chicago, Will, Will County, Woodstock
Posted in Affordable Care Act, Blue Cross and Blue Shield | Comments Off on Blue Cross Blue Shield Confirms Obamacare Death Spiral
Tuesday, January 26th, 2016
According 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
Tuesday, January 26th, 2016
According to USA Today:
“Bowing to pressure from insurers, federal officials on Tuesday tightened the conditions under which people can sign up for plans on the HealthCare.govexchange outside open enrollment.
The move by the Centers for Medicare and Medicaid Services comes after complaints by health insurers that it was too easy for people to wait until they were sick to sign up and to drop coverage after they got treatment. Earlier Tuesday, UnitedHealth announced a 19% drop in profit and downgraded its earnings forecast citing concerns about its Obamacare enrollment and the flexibility people had to change insurance plans. (more…)
Tags: 2016, ACA, ACA requirements, affordable care, Affordable Care Act, affordable health insurance, Albany Park, Andersonville, Arlington Heights, Barrington, Bartlett, BCBS, Berwyn, Blue Cross, Bucktown, budget cuts, buy health insurance, buying insurance, care reform legislation, Carpentersville, Changeing Health Care, Chicago, Chicagoland, Cicero, Cook, Cook County, Costs, coverage plan, Crystal Lake, Deer Park, Deerfield, DeKalb, DeKalb County, Desplaines, Dundee, DuPage, DuPage County, ebola, Elgin, Elmwood Park, enroll, enrollment, exchange, Forest Park, Fox River Grove, Fox Valley, Franklin Park, Geneva, Gilberts, Glen Ellyn, Glencoe, Glendale Heights, Government, government regulations, group rates, health, health care benefits, health care costs, health care law, health care reform, health care system, 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, High deductible health plan, Hinsdale, Holiday Hills, Huntley, IL, Illinois, Illinois Department of Insurance, Illinois health insurance exchange, individual health insurance, individual insurance, insurance, Insurance benefit consultant, insurance industry, insurance news, insurance plan, Insurance Reform, Kane, Kane County, Kendall, Kendall County, Lake County, Lake in the Hills, Lake View, Lakewood, Lincolnwood, Logan Square, Maple Park, Marengo, Massachusetts, McCullom Lake, McHenery, McHenry, McHenry County, Medicaid, medical expenses, Medicare, new health care, New health insurance law ACA, North Aurora, North Barrington, North West Suburbs, Northern Illinois, Northlake, Northwest Suburbs, Oak Park, Oakbrook Terrace, Obama care, ObamaCare, Obamacare regulation, open enrollment, Palatine, Park Ridge, Penalty, Prairie Grove, Ringwood, Riverwoods, Roselle, Saint Charles, Schaumburg, sign up, Skokie, Sleepy Hollow, South Barrington, South Elgin, special enrollment, St. Charles, state health insurance, Streamwood, Sugar Grove, Tax, the affordable care act, timeline, Trout Valley, Villa Park, Village of Lakewood, Warrenville, Wasco, West Chicago, West Dundee, Wheaton, Will, Winfield, Wood Dale, Woodridge, Woodstock, young adults, young people
Posted in Affordable Care Act, Health Insurance News, Open Enrollment | Comments Off on Feds tighten when people can enroll in Obamacare plans
Monday, January 11th, 2016
California Healthline Reports:
“On Friday, CMS released a proposed rule that would require minimum network standards for health plans sold through the federal exchange in 2017, Modern Healthcare reports.
Proposed Rule’s Network Standards
Under the rule, states would be required to implement CMS-approved quantitative measures to ensure that individuals with exchange plans have adequate access to health care providers. States could either:
- Adopt default network adequacy standards set by CMS; or
- Draft their own network adequacy standards and submit them for HHS approval.
Such standards could measure a plan’s network adequacy based on policyholders’ maximum travel distances and times to access providers. According to CMS, minimum adequacy standards for the plans will be determined at a later date. HHS would then notify insurers of the standards in each state (Herman/Dickson, Modern Healthcare, 11/20). (more…)
Tags: ACA, ACA requirements, Advisor, affordable care, Affordable Care Act, affordable health insurance, Albany Park, Algonquin, Andersonville, Arlington Heights, aurora, Barrington, Barrington Hills, Bartlett, BCBS, BCBSIL, Blue Cross and Blue Shield, Blue Cross and Blue Shield of Illinois, bronze plan, Bucktown, buy health insurance, buying insurance, California healthline, Carol Stream, Carpentersville, Changeing Health Care, Chicago, Chicagoland, Cicero, Cook, Cook County, Costs, coverage plan, Crystal Lake, Darien, DeKalb, DeKalb County, departments of health and human services, Des Plaines, Desplaines, Downers Grove, DuPage County, East Dundee, employer health insurance, enroll, enrollment, exchange, Forest Park, Fox River Grove, Franklin Park, Glen Ellyn, Glendale Heights, government regulations, Hampshire, 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 premiums, health insurance reform, health plan, health programs, health savings account, healthcare reform, healthcare.gov, Hoffman Estates, Huntley, IL, individual, Individuals, insurance broker, insurance industry, insurance news, insurance plan, Insurance Reform, Kane, Kane County, Kendall County, Lake County, Lake View, Lakewood, Lincoln Park, Long Grove, Marengo, McHenery, McHenry, McHenry County, Medicare, Montgomery, Naperville, Navigator, new health care, New health insurance law ACA, Niles, North Barrington, North West Suburbs, Northern Illinois, Northlake, Northwest Suburbs, notices, Oakwood Hills, Obama care, ObamaCare, Obamacare regulation, open enrollment, Palatine, Park Ridge, Prairie Grove, Roselle, Schaumburg, Schiller Park, Self Employed, self-insurance, SHOP, Skokie, small businesses, Spring Grove, St. Charles, state health insurance, state legislatures, Streamwood, the affordable care act, Tower Lakes, Village of Lakewood, Wasco, West Chicago, Wheeling, Wicker Park, Winfield, Woodstock
Posted in Affordable Care Act, Health Insurance News, Open Enrollment | Comments Off on CMS Proposes Health Insurance Exchange Changes for 2017
Monday, January 11th, 2016
The Advocate Reports:
“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
Posted in Affordable Care Act, Health Care .gov, Health Insurance News | Comments Off on Healthcare.gov CEO says insurance marketplace’s complexity argues for agents
|
|
|
|
|
