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Insurers set to submit plans for Illinois exchange

by Eriksen Insurance | Apr 10, 2013 | Exchange

The Chicago Tribune Business reports: Health insurance companies hoping to compete for a share of an estimated half-million new customers in Illinois can begin submitting health plans Monday to the state for inclusion on the Illinois health insurance exchange....

Why Premiums Will Change for People Who Now Have Nongroup Insurance

by Eriksen Insurance | Mar 19, 2013 | Insurance Reform

Kaiser Family Foundation reports: “The federal government recently released draft regulations that address the benefits, market rules, and rating practices for nongroup coverage. Before reform, the nongroup market was widely acknowledged to be broken, with...

New Rates and Extended Policy Benefit Periods for Temporary Policies Are Available Now

by Eriksen Insurance | Mar 5, 2013 | Blue Cross and Blue Shield, Individual Health Insurance

The Aug. 1, 2012, rates for new and renewing SelecTEMP® PPO policies for one-to-six month benefit period options are continued for effective dates Feb 1, 2013, and later. Now, for effective dates Feb. 1, 2013, or later, a new benefit period option of up to 11 months...

Health Care Reform Questions Every Employer Needs to Know

by Eriksen Insurance | Jan 18, 2013 | Health Laws

CPE hr reports: “With over 2000 pages and some 450 provisions, the Patient Protection and Affordable Care Act (otherwise known as Health Care Reform, or “Obamacare”) is one of the most complex pieces of legislation ever signed into law. The ACA touches every...

New Year Brings Tax Hikes To Pay For Health Care Law

by Eriksen Insurance | Jan 3, 2013 | Insurance Reform

Five new tax increases take effect today to help pay for the nation’s health care overhaul. The new measures are slated to raise $24.2 billion next year and more than $258 billion through 2019, according to the Joint Committee on Taxation. Here’s a look at...
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