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Posts Tagged ‘group rates’
Tuesday, September 19th, 2017
Yahoo Finance reports:
“Republicans have only one month to pass legislation to repeal and replace Obamacare through the process by which they tried and failed earlier this summer.
According to a Friday ruling from the Senate parliamentarian, the window to pass an Obamacare-repeal bill through the process known as budget reconciliation will close at the end of September.
(more…)
Tags: 2017, ACA, GOP, group rates, Hampshire, Hanover Park, Harwood Heights, Health Alliance, Health and Human Services, IL, ObamaCare, Will
Posted in Health Reform | Comments Off on Republicans now have a drop-dead date for replacing Obamacare
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
Wednesday, April 2nd, 2014
Insurance News Net reports:
“The rumblings of employees dissatisfied with the value of employer-sponsored health benefits are getting louder.
But are the grumblings loud enough for employees to put their money where their mouths are? Are employees willing to walk out the door and leave their employer-sponsored cocoons, tossing all the value talk out the window?
(more…)
Tags: Defined Contribution, Franklin Park, Geneva, Genoa, Gilberts, Glen Ellyn, Glencoe, Glendale, Glendale Heights, Glenview, group health plan, group rates, health reform, insurance news, private exchange
Posted in Insurance Reform | Comments Off on Support For Employer-Provided Health Plans Starts To Erode
Tuesday, March 6th, 2012
Chicago Business reports:
“The parent of Blue Cross & Blue Shield of Illinois is opening the door to rebates, which could provide badly needed relief to customers and trim the insurance giant’s massive cash hoard.
Chicago-based Health Care Service Corp. has sent notices to thousands of its individual customers amending their policy terms to allow for refunds, a move that could be required under the federal overhaul of health care. A similar notice for some group plans is awaiting approval from Illinois regulators, a company spokesman says.
How many people would be eligible for rebates is uncertain, but Blue Cross had nearly 307,000 individual policy-holders in Illinois in 2010. The company’s small-group segment is more than twice that size, based on premiums of $1.7 billion that year.
(more…)
Tags: Advisor, Affordable Care Act, Carpentersville, Chicago, Chicagoland, Consultant, Costs, Downers Grove, East Dundee, Fox Valley, group rates, health care costs, health insurance, North Aurora, North West Suburbs, Northern Illinois, Northwest Suburbs, Patient Protection, premiums
Posted in Illinois | Comments Off on Blue Cross opens door to insurance rebates in Illinois
Monday, March 21st, 2011
Aetna reports:
“Week of March 14, 2011
With a law as complex as the Patient Protection and Affordable Care Act (PPACA), unintended consequences are always a concern. Last week The Wall Street Journal reported that the physician community is witnessing the emergence of a significant unintended consequence — since tax-advantaged flexible spending accounts can no longer be used to pay for over-the-counter medications without a prescription, under the law, many patients are now visiting their doctors expressly for the purpose of getting new prescriptions for the OTC medications. The change in the law was meant to discourage wasteful spending on some health products and raise revenue. Instead, critics say the provision is driving up health care costs. Unintended consequences of the health care reform law is an area of focus for Aetna, and we will continue to urge flexibility in the implementation process to help address potential unintended consequences.
(more…)
Tags: Affordable Care Act, group rates, health care costs, health care law, health care reform, health insurance, health plan, Medicare, Patient Protection, PPACA, seniors, state legislatures
Posted in Health Laws, Insurance Reform | Comments Off on A compilation from Aetna of health care-related developments in Washington, D.C. and state legislatures across the country
Monday, October 18th, 2010
Blue Cross and Blue Shield reports:
| “In support of the Patient Protection and Affordable Care Act of 2010 (PPACA) provisions that go into effect Sept. 23, 2010, Blue Cross and Blue Shield of Illinois (BCBSIL) has done a great deal of analysis around the potential impact of PPACA on rates we charge our customers. We have completed the initial required rate filings in each of our states, but continue to monitor the regulatory discussions on this important topic.
(more…) |
Tags: Blue Cross and Blue Shield of Illinois, departments of health and human services, group rates, Illinois, Patient Protection, PPACA
Posted in Health Laws | Comments Off on Impact of PPACA on Rates Being Analyzed
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