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Posts Tagged ‘Itasca’
Monday, May 20th, 2019
The LA Times reports:
“Soaring deductibles and medical bills are pushing millions of American families to the breaking point, fueling an affordability crisis that is pulling in middle-class households with health insurance as well as the poor and uninsured.
In the last 12 years, annual deductibles in job-based health plans have nearly quadrupled and now average more than $1,300.
(more…)
Tags: 2019, Costs, deductibles, doctors, enroll, health, health insurance, health plan, IL, Itasca, Johnsburg, Kane, Kane County, Kaneville, Kendall, Kendall County, Kildeer, Lafox
Posted in Health Insurance Cost, Health Insurance News | Comments Off on Health insurance deductibles soar, leaving Americans with unaffordable bills
Tuesday, April 23rd, 2019
Forbes.com reports:
“As if hospitals and health systems didn’t have enough emerging threats with big well capitalized publicly-traded insurance companies and drugstore chains developing primary care clinics and urgent care centers in their backyards.
Now come the nation’s largest Blue Cross and Blue Shield plans that dominate big diverse markets like Florida, Illinois, Texas and New Jersey. These Blues plans are backed by their own financing, venture capital funds and primary care partners looking to expand doctor offices, urgent care and health centers in communities across the country. (more…)
Tags: Blue Cross and Blue Shield, Costs, doctors, enroll, health care system, health plan, Hospital, hospitals, Illinois, insurance, Itasca, Johnsburg, Kane, Kane County, Kaneville, Kendall
Posted in Health Insurance Cost, Health Insurance News | Comments Off on Why Hospitals Should Fear Blue Cross Primary Care Centers
Tuesday, September 19th, 2017
Yahoo Finance reports:
“Welcome to Fix My Finances, a Yahoo Finance personal finance series. Each episode, we take a look at one viewer’s financial state of affairs and offer advice, insight and information on a variety of issues, including how to save more, spend less and pay off lingering debt.
(more…)
Tags: ACA, ACA requirements, Affordable Care Act, health insurance marketplace, Itasca, Johnsburg, Kane, Kane County, Kaneville, Kendall, Kendall County, Kildeer, Lafox, Lake, Lake County, special enrollment
Posted in Affordable Care Act | Comments Off on Most common questions about ACA insurance
Friday, August 18th, 2017
Yahoo Beauty reports:
“If you’re looking forward to getting Medicare because you think this health insurance for seniors will provide comprehensive coverage, you may end up disappointed. Studies have shown seniors with high-prescription drug needs could incur as much as $350,000 in out-of-pocket spending on healthcare during retirement, even with both Medicare and a supplementary Medigap policy.
(more…)
Tags: Inverness, IRS, Itasca, Johnsburg, Kane County, Kaneville, Kendall, Kendall County, long-term, Medicaid, Medicare Advantage, Medigap, premiums, seniors, SHOP
Posted in Health Care .gov, Medicare | Comments Off on 7 Healthcare Expenses Medicare Won’t Pay For — The Motley Fool
Thursday, April 6th, 2017
Crain’s Chicago Business reports:
“The state budget stalemate, which has stretched on for nearly two years, is putting lives on the line, according to emotional testimony out of the Illinois House yesterday.
That’s because the state’s now $12.6 billion backlog also includes months and months of unpaid medical bills on behalf of state workers and retirees. At last count, the state owed $3.5 billion in medical bills for its employees, according to a spokesman for the Illinois comptroller. In early March, a dental lobbying group said dentists who treat state employees were owed a collective $174 million.
(more…)
Tags: Chicago, employees, health, Illinois, insurance, Inverness, Itasca, Johnsburg, Kane, Kane County, Kaneville, premiums
Posted in Health Insurance News, Illinois Health Insurance | Comments Off on Illinois’ stack of unpaid medical bills now reaches $3.5 billion
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, May 5th, 2015
Modern Healthcare reports:
“Insurance giant Assurant is looking to sell its health insurance division, Assurant Health—a company that has been active on the Affordable Care Act exchanges but has hemorrhaged tens of millions of dollars.
It’s likely another insurer will emerge to acquire Assurant Health, industry sources say. Health insurers have been eager to snatch up any available asset, but sellers have been few and far between. Assurant Health covers roughly 1 million people and had $2 billion of premium revenue last year.
(more…)
Tags: assurant, enroll, enrollment, exchange, health, health insurance, health insurance marketplace, Itasca, Johnsburg, Kane, Kane County, Kaneville, Kendall, Kendall County, Marketplace, the affordable care act
Posted in Heath Care Costs, Individual Health Insurance | Comments Off on Assurant to sell money-losing health insurance operations
Monday, March 2nd, 2015
Forbes reports:
“The Affordable Care Act is an endless source of tortured political maneuverings.
Another example will soon demand Congress’ attention: Extending the Children’s Health Insurance Program (CHIP). The program was created in 1997, in the aftermath of the failed Clinton health reform initiative, to provide health coverage for pregnant women and uninsured children in families that make too much to qualify for Medicaid. Congress votes regularly to extend this joint federal-state program.
(more…)
Tags: ACA, Affordable Care Act, doctors, Inverness, Itasca, Johnsburg, Kane, Kane County, Kaneville, Kendall, Kendall County, Kildeer, Lafox, the affordable care act
Posted in Affordable Care Act | Comments Off on The Next ACA Battle: Extending The Children’s Health Insurance Program
Wednesday, September 3rd, 2014
Yahoo Sports reports:
“The Chicago Cubs denied an assertion by the Chicago Sun-Times on Friday that the tarp debacle earlier in the week against the San Francisco Giants happened because the club short-staffs the grounds crew at Wrigley Field in order to avoid paying health insurance.
A surprising storm at Wrigley on Tuesday night caused a long delay because chief Roger Baird’s working crew couldn’t get the tarp — which had become saturated with water as it was unfurled — to cover the infield quickly enough. With field conditions unplayable even 4 1/2 hours after the rain stopped, umpires called the game in favor of the Cubs, who were leading in the bottom of the fifth inning. In a surprising but just turn of events, Major League Baseball upheld a protest by the Giants, and the teams resumed the suspended game Thursday. The Cubs won 2-1, but not before being thoroughly embarrassed.
(more…)
Tags: Affordable Care Act, health insurance, Inverness, Itasca, Johnsburg, Kane, Kaneville, Kendall, Kildeer, Lafox, Lake, Lake County, Lake in the Hills, Lakemoor, Lakewood, Lincolnwood, Lombard, Long Grove
Posted in Health Reform | Comments Off on Cubs cut grounds crew hours to avoid paying health insurance
Friday, August 1st, 2014
Benefits Pro reports:
“The main trust fund behind Medicare, the $583 billion U.S. health program for the elderly and disabled, will be exhausted in 2030, four years later than projected last year, the government reported.
An improving economy and the health-care overhaul — the Patient Protection and Affordable Care Act — may stave off depletion of the fund as it took in more money and spent less than expected last year. The trust fund pays for hospital visits, nursing care and related services for Medicare’s 52 million beneficiaries. Its assets fell $7.1 billion in 2013 to $281 billion, less than one-third the reduction of a year earlier, according to a report released today by the program’s trustees.
(more…)
Tags: Affordable Care Act, enrollment, Government, Health and Human Services, Hospital, Itasca, Johnsburg, Kane, Kane County, Kaneville, Kendall, Kendall County, Medicare, Patient Protection, PPACA, retirement, Tax
Posted in Health Laws, Medicare | Comments Off on PPACA helps delay Medicare insolvency
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