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IRS Grants Extension for 6055 and 6056 Reporting

by Eriksen Insurance | Jan 26, 2016 | Individual Health Insurance, Open Enrollment

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...

Humana to Record 2016 Obamacare Shortfall, Membership Drops

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

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...

CMS Proposes Health Insurance Exchange Changes for 2017

by Eriksen Insurance | Jan 11, 2016 | Affordable Care Act, Health Insurance News, Open Enrollment

California Healthline Reports: “On Friday, CMS released a proposed rule that would require minimum network standards for health plans sold through the federal exchange in 2017, Modern Healthcare reports. Proposed Rule’s Network Standards Under the rule,...

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...

Blue Cross, UnitedHealthcare return to Illinois Obamacare exchange

by Eriksen Insurance | Jan 11, 2016 | Affordable Care Act, Health Insurance News, Small Business

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,...
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