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Illinois Obamacare plan crippled by losses

by Eriksen Insurance | Apr 21, 2016 | Affordable Care Act, Heath Care Costs

According to Crain’s Chicago Business  ” The operating losses continue to mount at struggling Land of Lincoln Health, totaling $90.8 million for the Obamacare health plan in 2015. That net loss is almost five times greater than the Chicago-based startup...

Coming soon to your mailbox: An Obamacare tax form

by Eriksen Insurance | Jan 26, 2016 | Affordable Care Act, Health Insurance News, Heath Care Costs

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. Known as Form 1095, it’s part of the way the federal government...

With Michigan Closure, More Than Half of Obamacare CO-OPs Have Now Failed

by Eriksen Insurance | Jan 11, 2016 | Health Insurance Cost, Health Insurance News, Heath Care Costs

Energy & Commerce Reports: “WASHINGTON, DC – The number of failed Obamacare CO-OPs grew to one dozen today as Michigan became the latest to announce it was closing. To date, 12 of the original 23 CO-OPs have closed, bringing the total cost to taxpayers at...

Canadian Health Care: Patients Waiting Longer Than Ever For Treatment

by Eriksen Insurance | Jan 11, 2016 | Affordable Care Act, Family Health Insurance, Health Insurance News, Heath Care Costs

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...

IRS sets 2016 HSA limits

by Eriksen Insurance | Jun 25, 2015 | Heath Care Costs

Benefits Pro reports: “The IRS said it is raising the maximum allowable contribution to a health savings account by $100 in 2016 — but only for families. The IRS quietly announced last week that the maximum contribution that can be made next year to an HSA...

Assurant to sell money-losing health insurance operations

by Eriksen Insurance | May 5, 2015 | Heath Care Costs, Individual Health Insurance

Modern Healthcare reports: “Insurance giant Assurant is looking to sell its health insurance division, Assurant Health—a company that has been active on the Affordable Care Act exchanges but has hemorrhaged tens of millions of dollars. It’s likely another...
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