| |
|
|
Blog |
Posts Tagged ‘United Healthcare’
Wednesday, July 24th, 2019
JD Supra reports:
“Background
Healthcare coverage became an employer-offered benefit during World War II as the result of the federal government’s wage and price controls[1]. Since that time, Medicare has become an important part of how healthcare is provided to individuals who reached the age of 65, who became disabled, or who were diagnosed with end stage renal disease. When Medicare entered the mix, a number of additional rules to protect those eligible for Medicare were also added to protect the Medicare system. Now, an employer seeking to contain health benefit costs must consider not only tax considerations, but Medicare and ERISA and other requirements. Thus, when the federal government agencies started designing a new way to facilitate the purchase of individual health insurance, they had to design around decades of rules, regulations, and policy considerations in the move back to a pre-World War II individual obligation to purchase health insurance to avoid violating the interim changes in legal requirements.
(more…)
Tags: Bensenville, Defined Contribution, Government, health savings account, High deductible health plan, Mental Health, PPO, premiums, private exchange, South Barrington, United Healthcare, Village of Lakewood, Wicker Park, Woodridge
Posted in Health Insurance Cost | Comments Off on New Tool to Contain Employer Healthcare Costs
Friday, February 2nd, 2018
Axios reports:
“The Department of Health and Human Services has posted its long-awaited proposed rule to make it easier to form “association health plans,” aimed at groups of workers who team up to get better deals on health insurance. Among other things, the rule would encourage these kinds of plans by removing the requirement that says associations have to have a purpose besides health insurance.
The bottom line: The rule says its goal is to help small businesses buy health coverage more easily, but the bigger question is whether they’d pull healthy people out of the Affordable Care Act exchanges.”
Tags: Affordable Care Act, association health plan, Health and Human Services, health insurance, small businesses, Spring Grove, Stone Park, Sugar Grove, the affordable care act, Tower Lakes, Trout Valley, Union, United Health Care, United Healthcare
Posted in Health Insurance News | Comments Off on Trump administration releases association health plan rule
Thursday, April 28th, 2016
Star Tribune Business reports:
” UnitedHealthcare is facing competition this year in Atlanta and Chicago from a new name in health insurance — a carrier that’s actually one of its subsidiaries.
 For the first time, individual shoppers are buying coverage from Harken Health, a company with about 100 employees based at an office on the UnitedHealthcare corporate campus in Minnetonka.
Harken is being run as an independent entity, executives said, with a distinct approach to selling coverage. Subscribers receive unlimited access to primary care, without copays, if they visit a health center owned by Harken Health.
“It’s like an automobile company that makes a brand of car, and then with better luck or worse luck they also make a Saturn,” said Roger Feldman, a health insurance expert at the University of Minnesota.
(more…)
Tags: Affordable Care Act, Chicago, Chicagoland, the affordable care act, UHC, United Health Care, United Healthcare, UnitedHealthcare
Posted in Affordable Care Act, Individual Health Insurance | Comments Off on UnitedHealthcare launches a smaller, ‘very, very different’ insurer
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 United Healthcare, Broker Connection Special Edition:
“On Dec. 28, 2015, the IRS announced that it is granting an automatic extension for the 2015 information returns required of insurers, employers and certain other providers of Minimum Essential Coverage (MEC) under Section 6055 and 6056 of the Internal Revenue Code (IRC).
Coverage providers that need more time now have until March 31 to get Form 1095 to individuals and until June 30 to electronically file with the IRS. For providers not filing electronically, the deadline is May 31, 2016. (more…)
Tags: 2015, 2016, ACA, ACA requirements, affordable care, Affordable Care Act, affordable health insurance, Albany Park, Andersonville, barack obama, Barrington, Bartlett, Broker, Bucktown, buffalo grove, buy health insurance, buying insurance, care reform legislation, Carol Stream, Carpentersville, Cary, Changeing Health Care, Chicago, Chicagoland, Contact Us, Cook, Cook County, Costs, Deerfield, DeKalb, DeKalb County, Dundee, DuPage, DuPage County, East Dundee, Elgin, Employers, enroll, enrollment, Fox Valley, Geneva, Glendale Heights, Government, government regulations, health, health care benefits, health care costs, health care law, health care reform, health care system, health exemption, 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, healthcare reform, healthcare.gov, Hinsdale, Huntley, IL, Illinois, Illinois Department of Insurance, Illinois health insurance exchange, individual, individual health insurance, individual insurance, Individual Mandate, Individual Shared Responsibility, Individuals, insurance, Insurance benefit consultant, insurance broker, insurance industry, insurance news, insurance plan, Insurance Reform, IRS, Johnsburg, Kane, Kane County, Kendall, Kendall County, Key Findings ACA, Lake, Lake County, Lake in the Hills, Lakewood, Logan Square, Long Grove, McHenery, McHenry, McHenry County, Minimum Essential Coverage, Mount Prospect, Naperville, Navigator, new health care, New health insurance law ACA, North Aurora, North West Suburbs, Northern Illinois, Northwest Suburbs, Obama care, ObamaCare, Obamacare regulation, open enrollment, Palatine, Penalty, PPO, pre existing conditions, Richmond, Riverwoods, Rolling Meadows, Saint Charles, Schaumburg, self-insurance, single payer health care system, South Barrington, special enrollment, Streamwood, Sugar Grove, Tax, taxpayer dollars, the affordable care act, timeline, UHC, United Health Care, United Healthcare, UnitedHealthcare, Villa Park, Warrenville, Wasco, Wayne, West Chicago, Wheaton, Wicker Park, Will, Will County, Wood Dale, Woodstock
Posted in Individual Health Insurance, Open Enrollment | Comments Off on IRS Grants Extension for 6055 and 6056 Reporting
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
Monday, January 11th, 2016
The Advocate Reports:
“The Affordable Care Act is confusing and complicated, which means that health insurance agents and brokers are needed to help consumers pick the best plans for them, Kevin Counihan, chief executive officer of Healthcare.gov, said Monday.
“It’s got plenty of opportunity to be made a little bit better,” Counihan said. “And I’m very hopeful and confident that as we get more adults in Congress that they’re all going to sit down, the two sides together, and they’re going to address some of these issues.”
Counihan spoke to about 20 brokers and agents at an event hosted in Baton Rouge by the Louisiana Association of Health Underwriters. (more…)
Tags: ACA, ACA requirements, Advocate Heath Care, affordable care, Affordable Care Act, affordable health insurance, Albany Park, Algonquin, Andersonville, barack obama, Barrington, Barrington Hills, Bartlett, BCBS, BCBSIL, Blue Cross and Blue Shield of Illinois, budget cuts, buffalo grove, buy health insurance, buying insurance, care reform legislation, Carol Stream, Carpentersville, Cary, Chicago, Chicagoland, Cicero, COBRA, Consultant, Cook, Cook County, Costs, Crystal Lake, deductibles, DeKalb, DeKalb County, departments of health and human services, Des Plaines, Downers Grove, Dundee, DuPage County, East Dundee, Elgin, employer health insurance, enroll, enrollment, exchange, family plan, Fox River Grove, Fox Valley, Geneva, Gilberts, Glendale Heights, Government, government regulations, group health plan, group health plans, Hampshire, Health and Human Services, health care benefits, health care costs, health care law, health care reform, health care system, health insurance, health insurance costs, health insurance coverage, Health insurance exchange, health insurance marketplace, health insurance reform, health plan, health programs, health reform, health savings account, healthcare reform, healthcare.gov, High deductible health plan, human resources, Humana, Huntley, IL, Illinois health insurance exchange, individual, Insurance benefit consultant, insurance broker, Kane, Kane County, Kendall County, Key Findings ACA, Lake County, Lake in the Hills, Lake View, Lakewood, Long Grove, Marengo, Marketplace, McHenery, McHenry, McHenry County, Morton Grove, Naperville, new health care, New health insurance law ACA, Northlake, Oak Park, Obama care, ObamaCare, Obamacare regulation, open enrollment, Palatine, Prairie Grove, Riverwoods, Saint Charles, Schaumburg, South Barrington, Streamwood, taxpayer dollars, the affordable care act, U.S. Senate, unemployment, United Healthcare, UnitedHealthcare, Wasco, West Chicago, Wheaton, Will County
Posted in Affordable Care Act, Health Care .gov, Health Insurance News | Comments Off on Healthcare.gov CEO says insurance marketplace’s complexity argues for agents
Monday, January 11th, 2016
Investors Business Daily Reports:
“Socialist Medicine: Canadians love their hockey and have historically been happy with their government-run health care system. Hockey is thriving. The country’s health care system, though, is a wreck and getting worse.
It could be said the words “Canada” and “health care” really don’t go together because some Canadians never make it to the doctor.
Too many die untreated due to extended wait times to see a doctor, and those wait times have increased again this year. They are now almost twice as long as they were in 1993, the year Hillary Clinton tried to force government health care on Americans. (more…)
Tags: 2015, ACA, affordable care, Affordable Care Act, affordable health insurance, Algonquin, Arlington Heights, aurora, Barrington, Bartlett, Bucktown, buy health insurance, buying insurance, Changeing Health Care, Chicago, Chicagoland, Cicero, Cook, Cook County, Crystal Lake, Deer Park, DeKalb, DeKalb County, departments of health and human services, doctors, Downers Grove, Dundee, East Dundee, Elgin, employer health insurance, enrollment, Fox Valley, Franklin Park, Government, government regulations, group health plans, 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 reform, healthcare reform, healthcare.gov, Hoffman Estates, Hospital, Huntley, Illinois, Illinois Department of Insurance, Illinois health insurance exchange, individual health insurance, individual insurance, Kane, Kane County, Kendall County, Lake County, Lake in the Hills, Lake View, Lincoln Park, Long Grove, McHenry, McHenry County, medicaid programs, Morton Grove, new health care, New health insurance law ACA, Obama care, ObamaCare, Obamacare regulation, open enrollment, Palatine, Park Ridge, pre existing conditions, premiums, Prospect Heights, River Grove, Riverwoods, Rolling Meadows, Saint Charles, Schaumburg, Sleepy Hollow, social security and medicare, South Barrington, special enrollment, Streamwood, taxpayer dollars, the affordable care act, United Healthcare, Village of Lakewood, West Chicago, West Dundee, Will County, Woodridge, Woodstock
Posted in Affordable Care Act, Family Health Insurance, Health Insurance News, Heath Care Costs | Comments Off on Canadian Health Care: Patients Waiting Longer Than Ever For Treatment
Tuesday, February 10th, 2015
The New York Times reports:
“WHEN Karen Pineman of Manhattan received notice that her longtime health insurance policy didn’t comply with the Affordable Care Act’s requirements, she gamely set about shopping for a new policy through the public marketplace. After all, she’d supported President Obama and the act as a matter of principle.
Ms. Pineman, who is self-employed, accepted that she’d have to pay higher premiums for a plan with a narrower provider network and no out-of-network coverage. She accepted that she’d have to pay out of pocket to see her primary care physician, who didn’t participate. She even accepted having co-pays of nearly $1,800 to have a cast put on her ankle in an emergency room after she broke it while playing tennis.
(more…)
Tags: affordable care, Affordable Care Act, Blue Cross, deductibles, Dundee, DuPage, East Dundee, Elburn, Elgin, Elmhurst, Elmwood Park, employees, Marketplace, requirements, the affordable care act, United Healthcare
Posted in Affordable Care Act, Health Care .gov | Comments Off on Insured, but Not Covered
Monday, January 12th, 2015
BenefitsPro reports:
“2015 marks the first year that taxpayers will have to prove they have health insurance or, if they don’t, they’ll have to pay a penalty. But how is the proof presented?
About half the adult population might not know the answer to this, according to a Harris Poll commissioned by Intuit TurboTax. The TurboTax folks had Harris poll more than 2,000 adults, and 48 percent didn’t know they’ll be required to declare their health coverage status on their 2014 tax return.
(more…)
Tags: Affordable Care Act, health insurance, Individual Mandate, open enrollment, Patient Protection, Penalty, Tax, Tower Lakes, Trout Valley, U.S. Senate, UHC, Union, United Healthcare, Vergil, Virgil, Voluntary Benefits
Posted in Insurance Reform | Comments Off on Individual mandate raises taxing questions
|
|
|
|
|
