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Posts Tagged ‘Solon Mills’
Wednesday, July 24th, 2019
The S HR M reports:
“The U.S. House of Representatives voted on July 17 to abolish the so-called “Cadillac tax” on employer-sponsored high-value health plans, set to take effect in 2022. If the Senate passes the measure and the president signs it into law, the threat employers have faced from the tax would disappear.
(more…)
Tags: affordable care, Affordable Care Act, Broker, employees, Employers, flexible spending account, health plan, health savings account, Schaumburg, short term insurance, Solon Mills, South Barrington, South Elgin, the affordable care act
Posted in Affordable Care Act, Obamacare | Comments Off on House Passes Health Care ‘Cadillac Tax’ Repeal Bill
Thursday, April 5th, 2018
Yahoo Finance reports:
“Medicare provides valuable health insurance for individuals 65 or older and certain people with disabilities who are under age 65. But it also comes with complex rules and sometimes significant out-of-pocket costs. Here’s what you can expect to pay for Medicare:
(more…)
Tags: deductibles, doctors, health care costs, health insurance, Individuals, Medicare, Medicare Advantage, premiums, Skokie, Sleepy Hollow, Solon Mills, Spring Grove, St. Charles
Posted in Health Insurance Cost | Comments Off on Medicare Out-of-Pocket Costs You Should Expect to Pay
Friday, February 2nd, 2018
The Tax Advisor reports:
“The IRS recently issued Notice 2017-67 to provide guidance on “qualified small employer health reimbursement arrangements” (qualified small employer HRAs) under Sec. 9831(d). Qualified small employer HRAs enable an eligible employer to reimburse employees for medical expenses, such as health insurance premiums, as defined under Sec. 213(d). Qualified small employer HRAs are solely employer-funded; employees cannot contribute to them. Payments from a qualified small employer HRA to an employee are not includible in the employee’s income, as long as the employee has obtained qualifying health insurance. An employer can establish a qualified small employer HRA for tax years beginning after Dec. 31, 2016. The guidance within Notice 2017-67 is effective for arrangement plan years beginning on or after Nov. 20, 2017.
(more…)
Tags: ACA requirements, Affordable Care Act, group health plans, health insurance coverage, health savings account, requirements, Skokie, Sleepy Hollow, small businesses, small group, Solon Mills, South Barrington, South Elgin, special enrollment, Spring Grove, Sugar Grove, Tax
Posted in Small Business | Comments Off on Health reimbursement arrangements for small employers
Friday, October 3rd, 2014
Benefits Pro reports:
“The implementation of the Patient Protection and Affordable Care Act has made most employers “rethink” their employee benefit offerings, including increasing employees’ share of cost even more via consumer-driven plans.
According to Benefits Selling’s 2014 Employer Survey, 70 percent of employers said PPACA has made them rethink their employee benefit offerings, compared to 30 percent who said the health care reform law hadn’t had any impact on their offerings.
(more…)
Tags: affordable care, dental, health insurance, long-term, Marketplace, Saint Charles, Schaumburg, Schiller Park, Skokie, Sleepy Hollow, Solon Mills, South Barrington, South Elgin, Spring Grove, St. Charles, Stone Park, Streamwood, Sugar Grove, Sycamore, Voluntary Benefits
Posted in Health Reform | Comments Off on Benefits Selling’s 2014 Employer Survey
Friday, April 4th, 2014
Insurance News Net reports:
“Health and Human Services Secretary Kathleen Sebelius says health insurance premiums are likely to increase in 2015.
Sebelius’s comments came Wednesday during a hearing of the House Committee on Ways and Means about the White House’s 2015 budget proposal, the Wall Street Journal reported.
“I think premiums are likely to go up, but at a smaller pace than what we’ve seen since 2010,” Sebelius said.
The increases seen in 2015 will likely be smaller than those seen in previous years, Sebelius said.
The number of young Americans signing up for health insurance has been below the level needed to keep premiums stable, the Wall Street Journal reported.
On Tuesday, the Obama administration said about 25 percent of people age 18 to 34 have signed up for Obamacare — lower than a 40 percent target believed needed to keep premiums relatively stable.
Overall, 4.2 million people have signed up for health insurance since October, the administration said.”
Tags: 2015, Health and Human Services, health insurance, health insurance premiums, insurance, insurance news, Solon Mills, South Barrington, South Elgin, Spring Grove, St. Charles, Sugar Grove, Warrenville, Wasco, Wheaton, Wheeling
Posted in Insurance Reform | Comments Off on HHS: Health Care Premiums Likely To Go Up In 2015
Wednesday, July 31st, 2013
Seattle pi reports:
“You may have heard that shopping for health insurance under President Barack Obama’s health care overhaul will be like using Travelocity or Amazon.
But many people will end up with something more mundane than online shopping, like a call to the help desk.
Struggling with a deadline crunch, some states are delaying online tools that could make it easier for consumers to find the right plan when the markets go live on Oct. 1.
(more…)
Tags: enrollment, exchange, Health and Human Services, insurance plan, Marketplace, premiums, SHOP, Skokie, Sleepy Hollow, small businesses, Solon Mills, South Barrington, South Elgin, Spring Grove, Stone Park, Streamwood
Posted in Exchange, Insurance Reform | Comments Off on New health insurance markets: Not like Travelocity
Thursday, May 16th, 2013
Insurance News Net reports:
“A new HealthPocket consumer survey found that 34 percent of respondents are motivated to reduce their health plan costs versus keep their doctor. When survey takers were asked, “If changing from your doctor to another doctor could save you money on your health plan premium costs, how much would you have to save annually to make the switch?” over half of the 34 percent who would switch would do so for the lowest savings amount presented by the survey, $500 to $1,000 annually. Eight percent said they would switch for $1,000 to $2,000 and 7.5 percent for$3,000 or more.
(more…)
Tags: affordable care, Affordable Care Act, Chicago, Chicagoland, Crystal Lake, Elmwood Park, Fox Valley, Government, Harwood Heights, health insurance, Hinsdale, insurance news, North West Suburbs, Northern Illinois, Northwest Suburbs, Prairie Grove, Prospect Heights, Solon Mills, Stone Park
Posted in Insurance Reform | Comments Off on ACA Will Test Consumer Loyalty To Doctors
Tuesday, March 26th, 2013
Follow the line to an awesome article: Click Here
Tags: Barrington, buffalo grove, Chicago, Chicagoland, Elgin, Fox Valley, Holiday Hills, Maywood, North West Suburbs, Northern Illinois, Northwest Suburbs, Sleepy Hollow, Solon Mills, Villa Park
Posted in Insurance Reform | Comments Off on The man behind the plan
Tuesday, March 5th, 2013
A roundup of what each state’s leadership has said about their Medicaid plans:
Via: The Advisory Board Company
The Supreme Court’s ruling on the Affordable Care Act (ACA) allowed states to opt out of the law’s Medicaid expansion, leaving each state’s decision to participate in the hands of the nation’s governors and state leaders.
Based on lawmakers’ statements, press releases, and media coverage, the Daily Briefing and American Health Line editorial teams have rounded up where each state currently stands on the expansion.
Tags: Affordable Care Act, Big Rock, Chicago, Chicagoland, East Dundee, Fox Valley, Hebron, Holiday Hills, Medicaid, North West Suburbs, Northern Illinois, Northwest Suburbs, Solon Mills, Spring Grove, St. Charles, Supreme Court, the affordable care act
Posted in Medicaid | Comments Off on Where each state stands on ACA’s Medicaid expansion
Wednesday, February 13th, 2013
Yahoo News reports:
“Buying your own health insurance will never be the same.
This fall, new insurance markets called exchanges will open in each state, marking the long-awaited and much-debated debut of President Barack Obama’s health care overhaul.
The goal is quality coverage for millions of uninsured people in the United States. What the reality will look like is anybody’s guess — from bureaucracy, confusion and indifference to seamless service and satisfied customers.
(more…)
Tags: Blue Cross and Blue Shield, Chicago, Chicagoland, exchange, Fox Valley, Health Marketplace, Marketplace, mitt romney, Navigator, North West Suburbs, Northern Illinois, Northwest Suburbs, Solon Mills, South Barrington, the affordable care act, Wasco, West Chicago, West Dundee, Westchester, Wheeling, Wood Dale, Woodstock
Posted in Exchange | Comments Off on New health care markets on the way
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