Health Care Service Corp. tops $1 billion in net profit for second straight year

by Eriksen Insurance | Mar 6, 2012 | Insurance Reform

Crains reports By: Andrew Wang March 06, 2012: “The parent of Blue Cross & Blue Shield of Illinois booked more than $1 billion in net income in 2011, the second straight year that the Chicago-based company has crossed that milestone. Health Care Service...

Health Reform Law Ends Lifetime Limits For 105M Americans

by Eriksen Insurance | Mar 6, 2012 | Insurance Reform

Insurance News Net reports: “State-by-state data available Health and Human Services Secretary Kathleen Sebelius released a new report today on how the health reform law has eliminated lifetime limits on coverage for more than 105 million Americans. Before...

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...

From healthcare reform updates from Aetna

by Eriksen Insurance | Mar 2, 2012 | Insurance Reform

ILLINOIS: Governor Pat Quinn presented a fiscal year 2013 budget proposal last week that seeks to strengthen the pension systems,  restructure the state’s Medicaid system, rebalance institutional living/community care, increase efficiencies across state agencies and...

Most Americans say individual mandate is unconstitutional

by Eriksen Insurance | Feb 28, 2012 | Insurance Reform

Benefits Pro Reports: “Though Americans remain split on how health reform is going, a new poll reveals most are sure on one thing—the law’s requirement for all Americans to purchase health insurance or pay a fine is unconstitutional. A USA Today/ Gallup poll...