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Posts Tagged ‘Oakbrook Terrace’
Monday, May 20th, 2019
KHN reports:
“Sheri Lewis, 59, of Seattle, needed a hip transplant. Bradley Fuller, 63, of nearby Kirkland, needed chemotherapy and radiation when the pain in his jaw turned out to be throat cancer. And Kim Bruzas, 55, of Waitsburg, hundreds of miles away, needed emergency care to stop sudden —and severe — rectal bleeding.
Each of these Washington state residents required medical treatment during the past few years, and each thought they had purchased health insurance through an online site.
(more…)
Tags: Affordable Care Act, Hampshire, health insurance, health insurance reform, Individual Mandate, insurance plan, Insurance Reform, Oakbrook Terrace, Oakwood Hills, Obama care, ObamaCare, Obamacare regulation, online degrees, open enrollment, Opt-Out, Oswego, Penalty, requirements
Posted in Family Health Insurance, Health Insurance News | Comments Off on ‘Sham’ Sharing Ministries Test Faith Of Patients And Insurance Regulators
Monday, May 20th, 2019
AP reports:
“Scrap “Obamacare”? Well, maybe not all of it.
The Trump administration is arguing in court that the entire Affordable Care Act should be struck down as unconstitutional. But at the same time, Justice Department lawyers recently suggested that federal judges could salvage its anti-fraud provisions, raising questions about keeping other parts as well.
(more…)
Tags: Affordable Care Act, barack obama, Donald Trump, Government, health care system, healthcare.gov, Individuals, insurance, Medicaid, Medicare, North Barrington, North West Suburbs, Northern Illinois, Northlake, Northwest, Northwest Suburbs, Oak Park, Oakbrook Terrace, Oakwood Hills, ObamaCare
Posted in Affordable Care Act | Comments Off on Scrap ‘Obamacare’? Maybe not all, Trump administration says
Thursday, April 28th, 2016
According to News Max Finance:
” Well, the hammer has fallen: The largest health insurer in the U.S. has started pulling out of select Obamacare exchanges.
Five months ago UnitedHealth, which had been singing sunny songs to investors about its bright future on the exchanges, abruptly began crooning the blues. In an earnings call barely a month after executives assured investors that all was going swimmingly, they confessed that they were losing a ton of money on their Obamacare policies and described a pattern that sounded as if consumers were gaming the system — signing up for a few months, using a ton of services, and then canceling their policies. If this continued, they said, they would have no choice but to pull out of the exchange business. (more…)
Tags: ACA, affordable care, Affordable Care Act, Albany Park, Andersonville, aurora, Bartlett, Batavia, Bucktown, budget cuts, buying insurance, Carpentersville, Cary, Changeing Health Care, Chicago, Chicagoland, Cook, Cook County, Costs, Crystal Lake, DeKalb, DeKalb County, Downers Grove, East Dundee, Elgin, Elmwood Park, employer health insurance, enroll, enrollment, Fox River Grove, health care costs, health care law, health care reform, health insurance costs, health insurance coverage, Health insurance exchange, health insurance marketplace, health insurance reform, health plan, health reform, healthcare reform, Huntley, insurance industry, insurance news, insurance plan, Insurance Reform, Kane, Kane County, Kaneville, Lake County, Lake View, Lisle, Long Grove, Marketplace, McHenery, McHenry, McHenry County, Mr. Obama, Naperville, new health care, New health insurance law ACA, North Aurora, North West Suburbs, Northern Illinois, Northwest Suburbs, Oakbrook Terrace, Oswego, Park Ridge, Ringwood, Rolling Meadows, Roselle, Schaumburg, state health insurance, the affordable care act, UHC, United Health Care, United Healthcare, UnitedHealthcare, Villa Park, Wasco, West Chicago, Wicker Park, Will, Will County, Woodstock
Posted in Affordable Care Act, Exchange, Health Insurance News, Insurance Reform | Comments Off on Obamacare Encounters Another Bump in the Road
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
Monday, May 11th, 2015
HealthCare.gov reports:
“The Employer Shared Responsibility Payment applies to some businesses with 50 or more full-time employees who don’t offer insurance, or whose coverage doesn’t meet certain minimum standards.
Regulations announced in 2014 have updated the following:
- Which employers must make the payment
- Which years some employers must begin making the payment
- Other conditions about the payment
The Internal Revenue Service offers detailed questions and answers about the Employer Shared Responsibility Payment.
The Treasury Department has a fact sheet summarizing recent updates on the Employer Shared Responsibility Payment.
No employer with fewer than 50 full-time employees is subject to the Employer Shared Responsibility Payment in any year.
Tags: Chicago, Chicagoland, Cook, Cook County, employees, Employers, healthcare.gov, insurance, IRS, Northern Illinois, Oak Park, Oakbrook Terrace, Oakwood Hills, ObamaCare, Obamacare regulation
Posted in Affordable Care Act, Health Care .gov | Comments Off on The Employer Shared Responsibility Payment
Friday, October 3rd, 2014
From Aetna health plans:
ILLINOIS: Legislators introduced a bill last week that would require health plans providing prescription drug coverage to ensure that any required copayment or coinsurance for drugs on a specialty tier not exceed $100 per month for up to a 30-day supply of any single drug.The measure also states that a beneficiary’s annual out-of-pocket expenditures for prescription drugs should not be more than 50 percent of the dollar amounts in effect under ACA. Health plans would also be required to implement an exceptions process allowing enrollees to request an exception to the tiered cost-sharing structure. Health plans also would be prohibited from placing all drugs in a specialty class on a specialty tier.
Tags: ACA, enroll, health, health plan, Illinois, insurance, Oak Park, Oakbrook Terrace, Oakwood Hills, Oswego, Palatine, Park Ridge, Pingree Grove, Prairie Grove, Prospect Heights
Posted in Heath Care Costs | Comments Off on Bill Regulates Specialty Drug Co-pay Maximum
Wednesday, September 10th, 2014
Business Cheat Sheet reports:
“A great number of people in the United States have grown accustomed to having their employer pay for, or at least subsidize their healthcare costs. That usually takes the form of employer-provided health insurance plans, which have become a staple of most compensation packages for full-time employees that are working in positions that require even menial amounts of skill — and shutting out, for the most part, unskilled or low-wage workers. On the surface, it is a bit odd that we rely on our employers to pay for our health insurance. Yet, it’s become the norm, and one of the many reasons the U.S. healthcare system, as a whole, is so complicated and for lack of a better term, screwed up.
(more…)
Tags: Affordable Care Act, Blue Cross, Costs, health insurance, insurance plan, Oak Park, Oakbrook Terrace, Oakwood Hills, Obama care, Obamacare regulation, Oswego, Palatine, premiums, Supreme Court, the affordable care act
Posted in Group Health Insurance | Comments Off on It’s Time to Kick Employer-Sponsored Healthcare to the Curb
Wednesday, October 2nd, 2013
Insurance News Net reports:
“You might be pleased with the low monthly premium for one of the new health insurance plans under President Barack Obama’s overhaul, but the added expense of copayments and deductibles could burn a hole in your wallet.
An independent analysis released Wednesday, on the heels of an administration report emphasizing affordable premiums, is helping to fill out the bottom line for consumers.
(more…)
Tags: Affordable Care Act, Health and Human Services, health care law, health plan, Individuals, insurance news, Oakbrook Terrace, Oakwood Hills, ObamaCare, Oswego, Palatine, Park Ridge, Pingree Grove
Posted in Heath Care Costs | Comments Off on ACA Trade-Off: Low Premium, High Deductible
Friday, July 19th, 2013
The Wall Street Journal reports:
“This fall, people in every state are supposed to be able to buy health insurance through new online marketplaces, or exchanges, instituted by the federal health-care law. Insurers have been preparing for the rollout with research, trying to figure out what products to offer and how to market them. For consumers, here are some important questions and answers about the exchanges.
(more…)
Tags: Blue Cross and Blue Shield, buy health insurance, deductibles, Hampshire, Health insurance exchange, Marketplace, Oak Park, Oakbrook Terrace, Oakwood Hills, Richmond, subsidies
Posted in Insurance Reform | Comments Off on How Will Health Insurance Exchanges Work?
Monday, June 3rd, 2013
New Republic reports:
“Conservatives are talking about the implementation of Obamacare in the same thoughtful way they talked about its enactment—that is, as an impending apocalypse. It won’t be, as I’ve noted previously. Most Americans get insurance through employers, Medicare, and Medicaid, and that will still be the case on January 1, when Obamacare’s big provisions take effect. But the minority who buy insurance on their own or have no insurance will see tremendous changes. And you don’t have to be Rush Limbaugh to have real concerns about how those changes will play out.
(more…)
Tags: Affordable Care Act, buying insurance, Cary, Chicago, Chicagoland, Fox Valley, health care law, health care system, Herbron, Highland Park, Maple Park, medicaid programs, North West Suburbs, Northern Illinois, Northwest Suburbs, Oakbrook Terrace, Oakwood Hills, premiums, small businesses, the affordable care act, young people
Posted in Health Reform | Comments Off on My Five Obamacare Anxieties: The scenarios that keep this reform advocate up at night
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