Blue Cross opens door to insurance rebates in Illinois

by Eriksen Insurance | Mar 6, 2012 | Illinois

Chicago Business reports: “The parent of Blue Cross & Blue Shield of Illinois is opening the door to rebates, which could provide badly needed relief to customers and trim the insurance giant’s massive cash hoard. Chicago-based Health Care Service...

Study Finds Alarming Number of Boomers Lack Basic Understanding of Medicare Program

by Eriksen Insurance | Mar 6, 2012 | Medicare

Insurance News Net reports: “CHICAGO, Feb. 27, 2012 /PRNewswire/ –More than half (56 percent) of America’s middle-income Boomers admit to knowing little or almost nothing about the Medicare program and one in seven (13 percent) falsely believe...

The Affordable Care Act: Immediate Benefits for Illinois

by Eriksen Insurance | Feb 28, 2012 | Insurance Reform, Medicare

Health Reform .GOV reports: “Small business tax credits.  194,000 small businesses in Illinois could be helped by a new small business tax credit that makes it easier for businesses to provide coverage to their workers and makes premiums more affordable.1  Small...

Changes From 2010 Health Care Law Affect Large And Small Employers

by Eriksen Insurance | Feb 24, 2012 | Insurance Reform

Insurance News Net reports: “Feb. 22–The Affordable Care Act was meant to be a salve for employer-sponsored health insurance costs. The law offers small businesses a carrot for helping employees get health insurance. It also waves a stick at larger...

A.M. Best: Health Insurers Adapting to a Changing Environment

by Eriksen Insurance | Feb 24, 2012 | Insurance Reform

Insurance News Net reports: “In 2011, health insurers faced numerous challenges related to the implementation of the Patient Protection and Affordable Care Act, new regulations and formidable economic conditions. Even with the emergence of these requirements and...