ERIKSEN GROUP
phone
x x x
 

Blog

Posts Tagged ‘DuPage’

Lower costs, fewer benefits in new health insurance option

Tuesday, June 19th, 2018

AP News reports:

“The Trump administration’s new health insurance option offers lower premiums for small businesses and self-employed people, but the policies are likely to cover fewer benefits.

Another caveat: if healthy people flock to the new plans as expected, premiums will rise for those who need comprehensive coverage.

(more…)

4 New Exemptions To The Tax Penalty For Lacking Health Insurance

Tuesday, May 8th, 2018

NPR reports:

“There already have been more than a dozen reasons U.S. consumers can use to avoid paying the penalty for not having health insurance. Now the federal government has added four more.

These “hardship exemptions” let people off the hook if they can’t find a marketplace plan that meets not only their coverage needs but also reflects their view if they are opposed to abortion.

(more…)

Amazon, JPMorgan, Berkshire create new company to tackle health care costs

Thursday, February 1st, 2018

The Chicago Tribune reports:

Three of corporate America’s heaviest hitters — Amazon, Warren Buffett and JPMorgan Chase — sent a shudder through the health industry Tuesday when they announced plans to jointly create a company to provide their employees with high-quality, affordable care.

The announcement was short on details about precisely what the independent company will do. But given the three players’ outsize influence — and Amazon’s ability to transform just about everything it touches — the alliance has the potential to shake up how Americans shop for health care, and the stocks of insurance companies, drug distributors and others slumped in reaction.

(more…)

Trump ending lower-income Obamacare subsidies, threatening the law’s marketplaces

Monday, October 30th, 2017

The Chicago Tribune reports:

“The Trump administration informed a federal appeals court on Friday that the government would immediately halt payments to insurers that help millions of lower-income Americans afford coverage under the Affordable Care Act, formalizing a decision that could upend individual insurance markets across the country.

(more…)

DuPage County: Medicare Supplement

Wednesday, October 18th, 2017
DuPage County Fair 2009 > Music Fest Ride

DuPage County Fair 2009 > Music Fest Ride (Photo credit: danxoneil)

We specialize in helping DuPage County individuals understand Medicare and Medicare supplements.

Medicare is a federal program to help older Americans and some disabled Americans pay for the high cost of healthcare.

Generally, the Government’s Medicare Program consists of 4 parts:

  • Part A is for hospital services, no premium
  • Part B is for medical services, premium based on income
  • Part C are Medicare Advantage Plans. It’s a Government Program. Sold through Insurance Companies, plans and pricing vary.
  • Part D is the prescription drug plan. It is also sold through insurance companies, plan and pricing vary.

Medicare does not cover all the costs.

To help cover the costs that Medicare doesn’t cover, you have a few choices.

  • Medicare supplement plans (AKA – Medigap)
  • Medicare Advantage Plans
  • Prescription Drug Plans (AKA – Part D, PDP, and Medicare Rx)

In order to purchase one of these supplements, you will need to sign up for both Medicare Part A and Part B.

Please contact us at (847) 426-2788. We are also proud of our 5 Star Google Places reviews. Thank you for visiting our website we look forward to working with you.

Thanks again,

Robert G. Eriksen, President
Personal Health Insurance Broker

Phone: (847) 426-2788
Email: Bob@EriksenInsurance.com

Illinois submits big Obamacare rate increases to the feds

Thursday, September 21st, 2017

The Chicago Tribune reports:

“Hundreds of thousands of Illinois consumers who buy health insurance on the state’s Obamacare exchange will likely see average rates increase by 16 to 37 percent next year for the lowest-priced plans, according to a new analysis.

(more…)

One Illinois medical center lands on list of best U.S. hospitals

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…)

Amid Trumpcare’s Demise, Public Option Emerges Ahead Of 2018 Elections

Friday, August 18th, 2017

Forbes reports:

“A public option as an alternative or addition to subsidized private individual coverage under the Affordable Care Act is gaining momentum on the campaign trail ahead of next year’s 2018 midterm Congressional and gubernatorial elections.

(more…)

Obamacare rates in Illinois could climb next year

Friday, August 4th, 2017

The Chicago Tribune reports:

“Health insurers want to raise premiums next year for Illinois consumers who buy coverage through the Obamacare exchange — in many cases citing uncertainty surrounding the health care law as a reason for the proposed jumps.

(more…)

Cigna to Offer Individual and Family Plans in Chicago Area

Monday, October 31st, 2016

Business Wire reports:

“Cigna (NYSE: CI), already a leading provider of employer-sponsored group health plans in Illinois and across the United States, is introducing new individual and family medical plans in the Chicago area, both on and off the federal public marketplace. The new plans, called Cigna Connect, will take effect on January 1, 2017.

(more…)

Newsletter Signup

Free Consultation
image_questions
Change Your Broker
 
x x x