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Posts Tagged ‘small group’

BCBSIL to Stop Offering SHOP Plans (Small Group 1-50) Starting Jan. 1, 2018

Friday, August 4th, 2017

Blue Cross and Blue Shield reports:

“We want to let you know that Blue Cross and Blue Shield of Illinois (BCBSIL) will not be participating in the Federally Facilitated Small Business Health Options Program (FF-SHOP) marketplace with BCBSIL health insurance plans starting Jan. 1, 2018.

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Rising health-care costs not a trend: Aetna CEO

Monday, November 3rd, 2014

Yahoo Finance reports:

“Aetna shares took a hit Tuesday after the health-insurance giant said it expects medical costs to rise to the high end of its forecasts.

However, CEO Mark Bertolini told CNBC that while people may be worried that health-care costs will increase now that the economy is improving and will become an industry trend, he’s not.

“We look at this every month, and we’ve looked at the overall trends in the marketplace and trends are behaving,” Bertolini said in an interview with ” Closing Bell .”

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Small businesses helping workers buy health plans

Friday, October 17th, 2014

San Jose Mercury News reports:

“When Monty Hagler learned his employee insurance premiums could rise as much as 38 percent, the small business owner decided he couldn’t afford coverage that complies with the health care overhaul.

He considered a variety of plans from different carriers, but they were too expensive or bare-bones.

“Unless we dramatically changed our plan and went with the most basic plan, I said, ‘this is not sustainable,'” says Hagler, owner of RLF Communications, a Greensboro, North Carolina-based marketing company.

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Blue Cross Plans Jump to an Early Lead

Friday, October 25th, 2013

The New York Times reports:

“On the first day that people could buy coverage under the federal health care law last week, the chief executive of Independence Blue Cross in Philadelphia had just learned that his company’s plans were the area’s least expensive available through the new state exchanges. “We were thrilled,” said Daniel J. Hilferty, the nonprofit insurer’s chief executive.

A 36-year-old can buy a so-called silver policy — a midrange plan — for $246 a month, not including the federal subsidies that could lower the cost even further. Out-of-pocket costs would vary, depending on the choice of hospital and doctor.

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Consumers With Serious Medical Problems Need To Carefully Assess Total Plan Costs

Wednesday, October 2nd, 2013

Kaiser Health News reports:

“One of the health care overhaul’s most far-reaching provisions prohibits health plans from refusing to cover people who are sick or charging them higher premiums. Still, for people with serious medical conditions, the online health insurance marketplaces present new wrinkles that could have significant financial impact.

Obviously, premium costs will be an important consideration for consumers. But just as important will be a realistic assessment of what kinds of out-of-pocket costs they could expect with different types of policies and what subsidies they will be eligible for.

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2014 Small Group Pediatric Dental Coverage Update

Thursday, August 22nd, 2013

Blue Cross and Blue Shield reports:

“Effective on plan/policy years beginning on or after Jan. 1, 2014, the Affordable Care Act (ACA) will require non-grandfathered fully insured small group (2-50) metallic benefit plans to include pediatric dental coverage as an Essential Health Benefit (EHB), regardless of whether there are any eligible employees or dependents for these services.

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