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...

Some with Obamacare find they’re losing their doctors

by Eriksen Insurance | Jun 12, 2014 | Insurance Reform

Crain’s Chicago Healthcare Daily reports: “Some consumers who bought insurance under President Barack Obama’s health care law are experiencing buyer’s remorse after realizing that their longtime doctors aren’t accepting the new plans....

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...

The aftermath of the employer responsibility ruling

by Eriksen Insurance | Feb 18, 2014 | Health Laws

Employee Benefit Adviser reports: “The U.S. Treasury Department and Internal Revenue Service issued the final regulations on the employer mandate under the Affordable Care Act this week. While the pay-or-play rules got a little delay, and some revisions will be...

Obamacare data suggest Blues’ low-price strategy is working

by Eriksen Insurance | Feb 12, 2014 | Blue Cross and Blue Shield

Chicago Health Care Daily reports: “The parent company of Blue Cross & Blue Shield of Illinois appears to be reaping the benefits of setting the premiums for its plans lower than other carriers on the federal health insurance exchange. Across the 36 states...