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Posts Tagged ‘Pingree Grove’
Monday, May 20th, 2019
Yahoo Finance reports:
“Starting in 2019, you’ll no longer owe a fine to the IRS if you don’t have qualifying health insurance coverage. While the Affordable Care Act, or Obamacare, imposed a tax penalty for those who opted out of coverage, the mandate was eliminated with the tax reform law passed in late 2017.
(more…)
Tags: Affordable Care Act, health insurance, health insurance coverage, Marketplace, Oswego, Palatine, Park Ridge, Pingree Grove, Plato Center, the affordable care act
Posted in Health Insurance News | Comments Off on Why You Still Absolutely Need Health Insurance Despite the Death of the Penalty
Tuesday, August 2nd, 2016
The Chicago Sun Times reports:
“Health insurance premiums for Illinois residents who buy coverage through the Affordable Care Act’s marketplace could increase by as much as 45 percent according to proposals submitted by insurers and made public Monday.
The leading insurer on Illinois’ exchange, Blue Cross Blue Shield, is proposing increases for 2017 ranging from 23 percent to 45 percent for individual health care plans, according to proposals posted by Healthcare.gov. Another insurer, Coventry Health Care of Illinois, proposed rate increases as high as 21 percent.
(more…)
Tags: Affordable Care Act, Blue Cross, Chicago, Marketplace, Oswego, Palatine, Park Ridge, Patient Protection, Pingree Grove, Plato Center, UnitedHealthcare
Posted in Health Insurance Cost | Comments Off on Illinois insurers seek premium increases of up to 45%
Tuesday, January 26th, 2016
According to The CT Mirror:
“Even if you don’t get your health insurance through Obamacare, you’re likely to get something related to the health law in the mail in the coming weeks: A new tax form.
 The 1095-A form exchange customers will receive. Others will get different versions, depending on the source of their health care coverage. Known as Form 1095, it’s part of the way the federal government verifies whether people are complying with the mandate that requires nearly all U.S. residents to have health care coverage. This year is the first time most people will be getting those forms, and officials are anticipating a fair amount of confusion. In part, that’s because what you need to do with that form depends on the type of coverage you had.
Here’s what you need to know. (more…)
Tags: 2015, 2016, ACA, ACA requirements, advice, affordable care, Affordable Care Act, affordable health insurance, Albany Park, Alden, Algonquin, Andersonville, Bannockburn, barack obama, Barrington, Barrington Hills, Bartlett, Boulder Hill, Bucktown, budget cuts, buffalo grove, Bull Valley, buy health insurance, buying insurance, care reform legislation, Carpentersville, Cary, Changeing Health Care, Chicago, Chicagoland, Cook, Cook County, Costs, coverage plan, Crystal Lake, Darien, Deer Park, Deerfield, DeKalb, DeKalb County, Des Plaines, Downers Grove, DuPage, DuPage County, East Dundee, Elburn, Elmhurst, employer health insurance, enroll, enrollment, exchange, federal medicaid, Fox River Grove, Fox Valley, Geneva, Glen Ellyn, Government, government regulations, Hampshire, Harvard, 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, Highland Park, Huntley, IL, Illinois, Illinois health insurance exchange, individual, individual health insurance, individual insurance, Individual Mandate, insurance, Insurance benefit consultant, insurance industry, insurance news, insurance plan, Insurance Reform, IRS, Kane, Kane County, Kendall, Kendall County, Lake County, Lakewood, Lincolnwood, Lombard, Maywood, McCullen Lake, McHenery, McHenry, McHenry County, Medicaid, Medicare, Montgomery, Naperville, new health care, New health insurance law ACA, North Aurora, North West Suburbs, Northern Illinois, Northlake, Northwest Suburbs, Oak Park, Obama care, ObamaCare, Obamacare regulation, open enrollment, Palatine, Park Ridge, Penalty, Pingree Grove, Prairie Grove, premiums, public exchange, Ringwood, Rolling Meadows, Roselle, Saint Charles, Schaumburg, sign up, Skokie, South Barrington, special enrollment, St. Charles, state health insurance, state legislatures, Stone Park, Supreme Court, supreme court decisions, Tax, taxpayer dollars, Tower Lakes, Villa Park, Wasco, West Chicago, West Dundee, Westchester, Wheaton, Wicker Park, Will, Will County, Wood Dale, Woodstock
Posted in Affordable Care Act, Health Insurance News, Heath Care Costs | Comments Off on Coming soon to your mailbox: An Obamacare tax form
Monday, January 11th, 2016
Crain’s Chicago Business Reports:
 “Aetna is returning to sell plans on the Illinois health insurance exchange after taking a year off.
Also returning are giants Blue Cross & Blue Shield of Illinois, the dominant insurer in the state; UnitedHealthcare, which is affiliated with Minnetonka, Minn.-based UnitedHealth Group, and Chicago-based Land of Lincoln Health.
Mostly familiar faces are returning to the exchange for enrollment that begins Nov. 1, according to the Illinois Department of Insurance. Other companies that received federal approval to sell plans include:
—Health Alliance, based in downstate Urbana.
—Celtic Insurance, which is part of St. Louis-based Centene Corp.
—Coventry Health, part of Hartford, Conn.-based Aetna.
—Harken Health, of which UnitedHealth Group is an investor.
—Humana, based in Louisville, Ky.
(more…)
Tags: 2015, 2016, ACA, ACA requirements, Advocate Heath Care, affordable care, Affordable Care Act, affordable health insurance, Albany Park, Algonquin, Andersonville, Atena, aurora, Barrington, Bartlett, BCBS, BCBSIL, Blue Cross, Blue Cross and Blue Shield, Blue Cross and Blue Shield of Illinois, Bucktown, buffalo grove, Burlington, buy health insurance, buying insurance, care reform legislation, Carol Stream, Carpentersville, Chicago, Chicagoland, Cook, Cook County, coverage plan, Crystal Lake, DeKalb, DeKalb County, departments of health and human services, Dundee, DuPage County, Elgin, employer health insurance, enrollment, exchange, Forest Park, Fox River Grove, Fox Valley, Glenview, government regulations, group health plan, Harwood Heights, Health and Human Services, 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 plan, health savings account, healthcare reform, healthcare.gov, Humana, Huntley, IL, Illinois, Illinois Department of Insurance, Illinois health insurance exchange, Insurance benefit consultant, insurance broker, insurance industry, IRS, Kane, Kane County, Kendall, Lake County, Lake in the Hills, Lake View, Long Grove, Marengo, Marketplace, McCullen Lake, McHenry, McHenry County, Naperville, North Barrington, North West Suburbs, Northern Illinois, Northwest Suburbs, Oakwood Hills, Obama care, ObamaCare, Obamacare regulation, Palatine, Park Ridge, Pingree Grove, Prairie Grove, Ringwood, Rolling Meadows, Saint Charles, Schaumburg, Skokie, small businesses, South Barrington, South Elgin, the affordable care act, United Health Care, United Healthcare, UnitedHealthcare, Village of Lakewood, Wasco, West Chicago, West Dundee, Wicker Park, Will, Will County, Wood Dale, Woodridge, Woodstock
Posted in Affordable Care Act, Health Insurance News, Small Business | Comments Off on Blue Cross, UnitedHealthcare return to Illinois Obamacare exchange
Tuesday, January 13th, 2015
The Daily Caller reports:
“An Obamacare-created and taxpayer-funded insurance company in Iowa has been taken over by the state due to a financial crisis.
CoOportunity Health is Iowa’s insurance cooperative — a nonprofit insurance company created by the Affordable Care Act to supposedly undercut the large, for-profit insurers that Democrats castigated as “greedy” and “evil” during the debate over health care reform.
(more…)
Tags: affordable care, Affordable Care Act, health insurance, ObamaCare, open enrollment, Oswego, Palatine, Park Ridge, Pingree Grove, Plato Center, Prairie Grove, the affordable care act
Posted in Affordable Care Act, Health Insurance News | Comments Off on Obamacare-Created Insurer Goes Under, Is Taken Over By The State
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
Health Insurance Exchange reports:
“The Internal Revenue Service late last week released a set of long-awaited draft instructions for the forms employers will need to file to comply with the Affordable Care Act’s employer mandate, providing an opportunity for benefit advisers and their employer clients to begin preparing for the new reporting requirements set to begin in 2015.
The draft instructions are available for Form 1095-A, “Health Insurance Marketplace Statement;” Forms 1094-B and 1095-B, “Transmittal of Health Coverage Information Returns” and “Health Coverage;” and Forms 1094-C and 1095-C, “Transmittal of Employer-Provided Health Insurance Offer and Coverage Information Returns” and Employer-Provided Health Insurance Offer and Coverage.”
(more…)
Tags: affordable care, health insurance, Health insurance exchange, health insurance marketplace, Marketplace, Palatine, Park Ridge, Pingree Grove, Plato Center, PPACA, Prairie Grove, requirements
Posted in Insurance Reform | Comments Off on First Steps to Take With IRS Draft ACA Reporting Instructions
Tuesday, February 18th, 2014
The Los Angeles Times reports:
“Some people may elect to forgo coverage if they believe the cost is too high. But health experts say they may not be aware of all the risks and benefits involved.
Sarah Giron wants health insurance, but she says it’s just not in her budget. “It’s so expensive,” says the 34-year-old stay-at-home mom in Riverside County.
(more…)
Tags: affordable care, Affordable Care Act, healthcare reform, insurance, Oswego, Palatine, Park Ridge, Pingree Grove, Plato Center, Prairie Grove, the affordable care act
Posted in Heath Care Costs | Comments Off on What to consider before deciding to go without health insurance
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
Wednesday, April 10th, 2013
The Chicago Tribune Business reports:
Health insurance companies hoping to compete for a share of an estimated half-million new customers in Illinois can begin submitting health plans Monday to the state for inclusion on the Illinois health insurance exchange.
Operated in a partnership between the state and federal governments, the Illinois exchange is an online marketplace where individuals and small businesses can begin buying health insurance starting Oct. 1 for coverage that begins in 2014.
(more…)
Tags: 2013, barack obama, Barrington Hills, Big Rock, Boulder Hill, Chicago, Chicagoland, deductibles, Elgin, Fox Valley, IL, Illinois, Illinois health insurance exchange, Marketplace, North West Suburbs, Northern Illinois, Northwest Suburbs, Pingree Grove, Prairie Grove, requirements, Trout Valley
Posted in Exchange | Comments Off on Insurers set to submit plans for Illinois exchange
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