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Posts Tagged ‘Elburn’

PPACA dropouts cut enrollment by 1.5 million

Monday, July 13th, 2015

Benefits Pro reports:

” About 1.5 million people dropped off health insurance coverage rolls this year after failing to pay for policies they picked on the Obamacare marketplaces.

That left 10.2 million covered by Affordable Care Act policies as of March 31, up from 6.3 million at the end of 2014, the Centers for Medicare & Medicaid Services said today. Eighty- five percent got subsidies to help them afford coverage.

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PPACA HIT repeal bill gaining steam

Monday, May 4th, 2015

Benefits Pro reports:

“A funding mechanism included in the Patient Protection and Affordable Care Actis gaining steam in the House of Representatives, leading to a round of huzzahs from the small business community.

Because affordable care for all will only be affordable if someone underwrites its true cost, the law includes various taxes and assessments designed to sustain the insurers that offer low-premium coverage. Among them: The Health Insurance Tax, targeting small businesses.

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President Obama Rates Affordable Care Act 8 Out of 10

Monday, May 4th, 2015

Yahoo News reports:

“When Dr. Richard Besser, ABC News’ chief health and medical editor, sat down with President Obama yesterday, the conversation focused on the health impact of climate change, gun control, and the Affordable Care Act.

Besser asked the president to rate the success of the Affordable Care Act on a scale from 1 to 10. Obama gave the law an “8.”

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Should Pregnancy Be A ‘Qualifying Life Event’ For Insurance Coverage?

Monday, May 4th, 2015

Yahoo Health reports:

“The average cost of maternity care and delivery without complications is $23,000. With complications, that number jumps steeply. Imagine facing that cost if you’re uninsured? For approximately 13 percent of the over 6 million womenwho become pregnant yearly, these costs are a harsh reality.

But there’s a strong movement that’s trying to change that.

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From Aetna Health Reform Weekly

Friday, February 27th, 2015

ILLINOIS: The legislature is set to begin debating several measures that would mandate coverage of certain benefits or access to certain providers. H.B. 120 and H.B. 122 would require coverage of intravenous feedings and prescription nutritional supplements. S.B. 97 would require coverage for hearing instruments and related services for individuals with a prescription. S.B. 802 would prohibit health insurers from mandating an optometrist to meet conditions not required of other eye care providers as a condition for participation in the health care plan, or from reimbursing the optometrist at a lower rate than other licensed providers.

The IRS announced last week that small businesses with fewer than 50 employees will have until July to end arrangements allowing workers to receive tax-free payments to buy coverage on the individual market. Violations could result in large tax penalties. This news follows last year’s announcement that employers who continued offering HRAs without also offering ACA-compliant health insurance would face a fine of up to $100 per day, per employee.

Insured, but Not Covered

Tuesday, February 10th, 2015

The New York Times reports:

“WHEN Karen Pineman of Manhattan received notice that her longtime health insurance policy didn’t comply with the Affordable Care Act’s requirements, she gamely set about shopping for a new policy through the public marketplace. After all, she’d supported President Obama and the act as a matter of principle.

Ms. Pineman, who is self-employed, accepted that she’d have to pay higher premiums for a plan with a narrower provider network and no out-of-network coverage. She accepted that she’d have to pay out of pocket to see her primary care physician, who didn’t participate. She even accepted having co-pays of nearly $1,800 to have a cast put on her ankle in an emergency room after she broke it while playing tennis.

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Turning 21? Here’s How To Avoid A Big Hike In Health Insurance Premiums

Wednesday, December 17th, 2014

Kaiser Health News reports:

“For young people, turning 21 is generally a reason to celebrate reaching adulthood. If they’re insured through the federal health insurance marketplace that operates in about three dozen states, however, their birthday could mean a whopping 58 percent jump in their health insurance premium in 2015, according to an analysis by researchers at the Center on Budget and Policy Priorities.

The reason: They’re no longer considered children under the age-rating rules insurers use to set premiums.

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IRS Told to Beef Up Obamacare Scrutiny

Monday, November 3rd, 2014

Gov Info Security reports:

“A watchdog agency says the Internal Revenue Service needs to put into place additional procedures to ensure that Obamacare health insurance exchanges properly safeguard consumer tax information.

Under the Affordable Care Act – also known as Obamacare – the IRS is authorized to disclose limited tax information to health insurance exchanges. That data is used in determining eligibility for individuals to receive federal subsidies to help cover the cost of insurance.

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Blue Cross and Blue Shield of Illinois Offers Assistance to Consumers for Upcoming Open Enrollment

Monday, November 3rd, 2014

 

Insurance News Net reports:

“With as many as 1.8 million uninsured in Illinois, Blue Cross and Blue Shield of Illinois (BCBSIL) is mobilizing its resources across the state to help people better understand insurance coverage options and the financial benefits that may be available to them under the Affordable Care Act (ACA).

There’s four key points about this year’s open enrollment period that people need to be aware of:

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