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Posts Tagged ‘Lombard’

Is Medicare Tax-Deductible?

Friday, March 24th, 2017

The Motley Fool reports:

“Medicare provides critical health benefits to countless senior citizens, and while Part A, which covers hospital visits, typically does not impose a premium, Parts B and D, which cover preventative services and prescription drugs, respectively, come at a cost.

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Lifetimes by Blue Cross

Tuesday, August 2nd, 2016

Here are some handy videos from Blue Cross about your Medicare options.

 

http://www.bcbsil.com/lifetimes/videos.html

Annual family health costs hit nearly $25K

Thursday, June 25th, 2015

Benefits Pro reports:

“A family of four with employer-sponsored health coverage is shelling out substantially more since the advent of the Patient Protection and Affordable Care Act. The cost of family coverage also is rising so fast that even this standard employee coverage package could trigger the 2018 Cadillac tax.

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Ready for a 255% premium hike?

Monday, March 2nd, 2015

Benefits Pro reports:

“Supreme Court ruling killing PPACA subsidies may cause premiums to skyrocket.

If the U.S. Supreme Court rules that federal subsidies under the Patient Protection and Affordable Care Act are invalid, 7.5 million Americans could face an average premium increase of 255 percent this year. And some could face an increase as much as 779 percent.

That’s the dire warning from consulting firm Avalere Health on the impact that the King vs. Burwell case could have on consumers. Arguments in the case begin March 4.

Avalere said 87 percent of federal exchange customers receive a subsidy. Therefore, the firm said killing the subsidies would cause “average monthly premium contributions for enrollees” to potentially increase “between 122 percent and 774 percent, depending on the state.” Residents in Alaska and Mississippi would see the highest percentage increases in their premium contributions, if the court rules in favor of the plaintiffs.

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Cubs cut grounds crew hours to avoid paying health insurance

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.

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Why Employers Will Stop Offering Health Insurance

Friday, May 16th, 2014

The New York Times reports:

“Here’s a prediction: By 2025, “fewer than 20 percent of workers in the private sector will receive traditional employer-sponsored health insurance.” The source of this claim? Dr. Ezekiel J. Emanuel, in his just-published book, “Reinventing American Health Care.”

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The Truth Comes Out: Obamacare’s Website Enrolled A Grand Total Of Six People On Oct. 1

Friday, November 1st, 2013

Forbes reports:

“There’s been a lot of spin coming out of the White House regarding the botched launch of Obamacare’s health insurance exchanges. When it was clear that people were having problems with the healthcare.gov website on its launch day, October 1, Health and Human Services Secretary Kathleen Sebelius called it a “great problem to have.” The “glitches” were great, she said, because they were being caused by the overwhelming interest of millions of visitors to the website. But whenever she was asked how many people had actually enrolled in Obamacare insurance, she claimed she “didn’t know.” But now, thanks to a Congressional inquiry, we learn that she did know how many people enrolled on day one of the federal exchange: six.

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White House: No Subsidies For Union Health Plans

Tuesday, September 17th, 2013

Insurance News Net reports:

“Low-income workers on union health plans are not eligible for the same federal subsidies available to those who buy insurance in the new state health care marketplaces, the White House said Friday.

The decision is a disappointment for labor unions, coming shortly after top union officials met for more than an hour with President Barack Obama to press their case that subsidies could be extended to union-sponsored plans.

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