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Big news for Chicago-area Obamacare insurance exchange: Cigna seeks to join

by Eriksen Insurance | Jul 26, 2016 | Health Care .gov

The Chicago Tribune reports: “One of the nation’s largest health insurance companies plans to enter the Obamacare marketplace in the Chicago area for the first time, bringing new competition as other insurers exit or go out of business. The Tribune has...

Feds Tightening Use Of Short-Term Health Insurance

by Eriksen Insurance | Jun 14, 2016 | Affordable Care Act

Insurance News net reports: The Obama administration wants to limit consumers’ use of short-term insurance plans, which a growing number of Americans have been buying in response to the Affordable Care Act’s requirements to have health coverage. This...

Obamacare Encounters Another Bump in the Road

by Eriksen Insurance | Apr 28, 2016 | Affordable Care Act, Exchange, Health Insurance News, Insurance Reform

According to News Max Finance: ” Well, the hammer has fallen: The largest health insurer in the U.S. has started pulling out of select Obamacare exchanges. Five months ago UnitedHealth, which had been singing sunny songs to investors about its bright future on...

Illinois Obamacare plan crippled by losses

by Eriksen Insurance | Apr 21, 2016 | Affordable Care Act, Heath Care Costs

According to Crain’s Chicago Business  ” The operating losses continue to mount at struggling Land of Lincoln Health, totaling $90.8 million for the Obamacare health plan in 2015. That net loss is almost five times greater than the Chicago-based startup...

Feds tighten when people can enroll in Obamacare plans

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

According to USA Today: “Bowing to pressure from insurers, federal officials on Tuesday tightened the conditions under which people can sign up for plans on the HealthCare.govexchange outside open enrollment. The move by the Centers for Medicare and Medicaid...
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