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Posts Tagged ‘young adults’
Thursday, April 21st, 2016
According to Time Inc.
“Many Americans will get new tax forms for the first time. Here’s what to do with them.
This year, you may be receiving tax forms you’ve never seen before, all thanks to the Affordable Care Act, aka Obamacare. For the most part, these documents won’t make tax filing too much harder—with one big exception. Here’s what you need to know about this paperwork, depending on what kind of health insurance you had in 2015.
If you had health insurance from your employer all year…
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Tags: ACA, ACA requirements, affordable care, Affordable Care Act, affordable health insurance, Andersonville, Barrington, Blue Cross, Blue Cross and Blue Shield, Bucktown, budget cuts, Burlington, Cary, Chicago, Chicagoland, Crystal Lake, DeKalb, DeKalb County, Downers Grove, Forest Park, Fox Valley, Geneva, Hampshire, Harvard, health care costs, health care law, health care reform, health care system, health insurance costs, health insurance coverage, health insurance marketplace, health reform, healthcare reform, IL, Illinois, insurance industry, insurance news, insurance plan, Insurance Reform, Kane, Kane County, Kendall, Kendall County, Lake County, Lake View, McHenery, McHenry, Morton Grove, Mr. Obama, new health care, New health insurance law ACA, North West Suburbs, Northern Illinois, Northwest Suburbs, Obama care, ObamaCare, Obamacare regulation, open enrollment, Palatine, Saint Charles, Schaumburg, South Barrington, Streamwood, Tax, taxpayer dollars, the affordable care act, United Health Care, West Chicago, Wicker Park, Will, Will County, young adults, young people
Posted in Affordable Care Act | Comments Off on How Obamacare Makes Tax Filing Trickier
Tuesday, January 26th, 2016
According to Bloomberg Business:
“Humana Inc. is the latest insurer to run into trouble in Obamacare’s individual health-insurance markets.
The health insurer said that it probably won’t collect enough money to cover costs for some customers who bought individual plans, and will set aside what’s known as a premium deficiency reserve. The shortfall is for 2016 plans that comply with new rules under the Affordable Care Act, Louisville, Kentucky-based Humana said Friday.
UnitedHealth Group Inc., the biggest U.S. health insurer, said in November that it might stop participating in the Obamacare next year after taking losses. One analyst predicted that Humana would follow suit.
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Tags: 2015, 2016, ACA, ACA requirements, Advocate Heath Care, affordable care, Affordable Care Act, affordable health insurance, Albany Park, Algonquin, Andersonville, Arlington Heights, Atena, aurora, barack obama, Barrington Hills, Bartlett, Batavia, BCBS, BCBSIL, Bucktown, budget cuts, buffalo grove, Bull Valley, buy health insurance, buying insurance, California healthline, cancer coverage, care reform legislation, Carol Stream, Carpentersville, Changeing Health Care, Chicago, Chicagoland, Cicero, College Grads, commerce clause of the constitution, Commonwealth Care Health Insurance, Cook, Cook County, Costs, coverage plan, Crystal Lake, Deerfield, DeKalb, DeKalb County, Des Plaines, Downers Grove, Dundee, DuPage, DuPage County, Elburn, enroll, enrollment, Fox River Grove, Fox Valley, Geneva, Gilberts, Glen Ellyn, government regulations, Hampshire, Harwood Heights, 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, Herbron, Highland Park, Humana, Huntley, IL, Illinois, Illinois health insurance exchange, individual, individual health insurance, individual insurance, Individual Mandate, Individual Shared Responsibility, Individuals, Insurance benefit consultant, insurance broker, insurance industry, insurance news, insurance plan, Insurance Reform, Itasca, Kane, Kane County, Kendall, Kendall County, Lake County, Lake in the Hills, Lake View, Lakewood, Lincoln Park, Maple Park, Marengo, Marketplace, McCullen Lake, McHenery, McHenry, McHenry County, Naperville, new health care, New health insurance law ACA, Niles, North Aurora, North Barrington, North West Suburbs, Northwest Suburbs, Obama care, ObamaCare, Obamacare regulation, open enrollment, Palatine, Park Ridge, Producer, Riverwoods, Rolling Meadows, Schaumburg, self-insurance, single payer health care system, South Barrington, special enrollment, state health insurance, Streamwood, Sugar Grove, the affordable care act, Tower Lakes, Village of Lakewood, Warrenville, Wasco, West Chicago, Wicker Park, Wood Dale, young adults
Posted in Affordable Care Act, Health Insurance News, Individual Health Insurance | Comments Off on Humana to Record 2016 Obamacare Shortfall, Membership Drops
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
Tuesday, July 15th, 2014
Insurance News Net reports:
“Although the open enrollment period forhealth insurance under the Affordable Care Act ended in April, college graduates have several other options for coverage.
The website, healthcare.gov, says college graduates, who do not have health insurance provided from an employer, can enroll in private plans outside the online healthcare marketplace from health insurance companies.
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Tags: Campton Hills, Carol Stream, Carpend, Carpentersville, Cary, Chicago, Chicagoland, College Grads, health insurance, healthcare.gov, insurance, insurance news, Minimum Essential Coverage, young adults
Posted in Health Insurance Cost, Young Adults | Comments Off on College Grads Have Several Options To Get Health Insurance
Tuesday, February 18th, 2014
Yahoo Finance reports:
“One provision of the Affordable Care Act that has garnered pretty universal praise is the policy change allowing young adults to remain on their parents’ health insurance plans through age 26. Previously, young adults were knocked off the plans at age 19. (Full-time students were able to stay on until age 22.) (more…)
Tags: Affordable Care Act, deductibles, enrollment, individual, Medicare, ObamaCare, the affordable care act, Wheaton, Wheeling, Wilmette, Winfield, Woodridge, Woodstock, young adults
Posted in Insurance Reform, Young Adults | Comments Off on When It’s Time to Get Off Your Parents’ Health Plan
Monday, December 17th, 2012
The Las Vegas Sun reports:
“Armando Hernandez first felt a searing headache, then his legs began to swell.
He lived with the pain for two days but finally relented and went to a hospital on day three. The Reno resident was 19 years old at the time. His kidneys were failing.
(more…)
Tags: Affordable Care Act, Chicago, Chicagoland, Costs, Elgin, Fox Valley, Harwood Heights, health care reform, health care system, Lisle, North West Suburbs, Northern Illinois, Northwest Suburbs, River Grove, St. Charles, Stone Park, the affordable care act, young adults
Posted in Insurance Reform | Comments Off on Health care reform exclusions raise concerns over funding for uninsured
Monday, December 10th, 2012
The Huffington Post reports:
“President Barack Obama’s Affordable Care Act may not live up to its name for some who will see higher health insurance prices than available in today’s market.
Experts believe the health care reform law, signed in 2010, will increase the sticker price of health insurance plans sold for 2014 and beyond, particularly for younger and healthier people. Today, these customers have access to relatively inexpensive plans with minimal benefits and high deductibles, but those will all but disappear when the law’s new rules take effect. Everyone who buys health insurance on the individual market will gain better benefits and guaranteed coverage under Obamacare but, for some, these improved products will come at a price.
(more…)
Tags: Affordable Care Act, barack obama, Chicago, Chicagoland, Cicero, Elgin, Fox Valley, Glenview, health insurance coverage, Hebron, Herbron, insurance plan, Massachusetts, ObamaCare, the affordable care act, young adults
Posted in Heath Care Costs, Insurance Reform | Comments Off on Obamacare Costs To Rise For Some Young People As Benefits Improve
Monday, September 24th, 2012
The Kaiser Family Foundation reports:
“Annual premiums for employer-sponsored family health coverage reached $15,745 this year, up 4 percent from last year, with workers on average paying $4,316 toward the cost of their coverage, according to the Kaiser Family Foundation/Health Research & Educational Trust (HRET) 2012 Employer Health Benefits Survey released today.
(more…)
Tags: Affordable Care Act, Bannockburn, Cary, Chicago, Chicagoland, deductibles, Elgin, Fox Valley, health insurance, health insurance costs, health reform, Hoffman Estates, Long Grove, Naperville, North West Suburbs, Northern Illinois, Northwest Suburbs, premiums, Rolling Meadows, Roselle, Trout Valley, young adults
Posted in Health Insurance Cost | Comments Off on KFF/HRET 2012 Employer Health Benefits Survey: Family Health Premiums Rise 4 Percent to Average $15,745
Monday, September 24th, 2012
Benefits Pro reports:
“Republican presidential hopeful Mitt Romney, who promised early in his campaign to repeal President Barack Obama’s health care overhaul, says he would keep several important parts of the overhaul.
“Of course there are a number of things that I like in health care reform that I’m going to put in place,” he said in an interview broadcast Sunday on NBC’s “Meet the Press.” ”One is to make sure that those with pre-existing conditions can get coverage.”
(more…)
Tags: affordable care, Affordable Care Act, barack obama, Barrington, Bartlett, Chicago, Chicagoland, Deer Park, Forest Park, Fox Valley, Hampshire, health care reform, Long Grove, Massachusetts, North Aurora, North West Suburbs, Northern Illinois, Northwest Suburbs, republican presidential hopeful mitt romney, Richmond, young adults
Posted in Insurance Reform | Comments Off on Romney says he likes parts of ‘Obamacare’
Tuesday, June 26th, 2012
The AP reports:
“It sounds like a silver lining. Even if the Supreme Court overturns President Barack Obama’s health care law, employers can keep offering popular coverage for the young adult children of their workers.
But here’s the catch: The parents’ taxes would go up.
That’s only one of the messy potential ripple effects when the Supreme Court delivers its verdict on the Affordable Care Act this month. The law affects most major components of the U.S. health care system in its effort to extend coverage to millions of uninsured people.
(more…)
Tags: Affordable Care Act, barack obama, Chicago, Chicagoland, Elgin, Fox Valley, Government, health care system, North West Suburbs, Northern Illinois, Northlake, Oakwood Hills, Palatine, Ringwood, Skokie, Supreme Court, young adults
Posted in Insurance Reform | Comments Off on Undoing health law could have messy ripple effects
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