Quinn aide: Court rulings don’t jeopardize federal health-care subsidies

by Eriksen Insurance | Jul 30, 2014 | Illinois Health Insurance

The State Journal-Register reports: “Conflicting federal court rulings Tuesday pose no immediate financial threat for the 168,000 Illinoisans receiving reduced-price health insurance through the federal Affordable Care Act, an aide to Gov. Pat Quinn says. The...

Most Will Be Able to Automatically Renew Coverage Under Health Law

by Eriksen Insurance | Jul 15, 2014 | Family Health Insurance, Health Insurance Cost

The New York Times reports: “The Obama administration announced Thursday that most people would be able to renew subsidized health insurance coverage without filing an application and without going back to HealthCare.gov, the website that frustrated millions of...

State delays ’employee choice’ on Obamacare insurance exchange

by Eriksen Insurance | Jul 1, 2014 | Health Laws

Crain’s Chicago Health Care Daily reports: “Illinois plans to delay by at least a year a key feature of its Obamacare health insurance exchange that potentially would give employees of small businesses more choices when shopping for coverage. “Employee...

Beware pitfalls of health care subsidy: Spike in income could spell big tax bill

by Eriksen Insurance | Jun 26, 2014 | Health Insurance Cost, Subsidy

The Chicago Tribune reports: “Individuals receiving monthly premium subsidies to pay for health coverage purchased on the new exchanges should keep their eye out for Uncle Sam. You could owe a big tax bill on your 2014 return next spring if your income rises...

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...