Health Care For $4: Are You Ready For Walmart To Be Your Doctor?

by Eriksen Insurance | Sep 3, 2014 | Group Health Insurance, Health Reform

Forbes reports: “Goodbye, doctor’s office. Hello, Walmart? Based on Walmart’s latest moves, it’s not as unlikely as it sounds. After years of “Will they or won’t they?” discussion, Walmart is making its long-awaited move into delivering primary care: The...

Obamacare co-op Land of Lincoln loses money in first quarter

by Eriksen Insurance | Jun 26, 2014 | Family Health Insurance

Crains Chicago Health Care Daily reports: “Illinois’ only co-op health insurance program lost more than $4 million and enrolled fewer than 2,500 people in its first quarter of operation as it struggled to enter a market dominated by one massive competitor....

Obamacare insurers need to step it up to compete with Blue Cross

by Eriksen Insurance | Jun 12, 2014 | Blue Cross and Blue Shield, Insurance Reform

Crains Chicago Health Care Daily reports: “Five of the six insurers on the Illinois Health Insurance Exchange face a moment of truth as they decide whether to continue offering plans on the online marketplace and how to attract more customers. Their first-year...

Blue Cross parent expecting losses in 2014 due to Obamacare

by Eriksen Insurance | Apr 2, 2014 | Insurance Reform

Healthcare Daily reports: “Annual net income for the parent company of Blue Cross & Blue Shield of Illinois fell well below the $1 billion mark for the first time since 2009, in part because the insurance giant is setting aside money to offset expected...

U.S. workers can carry over $500 of health spending accounts: Treasury

by Eriksen Insurance | Nov 1, 2013 | FSA, Insurance Reform

Yahoo News reports: “Americans who use flexible spending accounts (FSAs) for healthcare costs may now be able to carry up to $500 of expiring money into the next year, the U.S. Treasury said on Thursday. For nearly 30 years, about 14 million families with FSAs...