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...

The Affordable Care Act: Immediate Benefits for Illinois

by Eriksen Insurance | Feb 28, 2012 | Insurance Reform, Medicare

Health Reform .GOV reports: “Small business tax credits.  194,000 small businesses in Illinois could be helped by a new small business tax credit that makes it easier for businesses to provide coverage to their workers and makes premiums more affordable.1  Small...

High readmission rates put Medicare revenue at risk

by Eriksen Insurance | Feb 27, 2012 | Medicare

Crains Chicago Business reports: “More than two dozen Illinois hospitals face Medicare cuts totaling as much as $19 million next year under the new federal health care law because too many of their patients are being readmitted for heart attacks and other...

Income-Relating Medicare Part B and Part D Premiums Under Current Law and Recent Proposals: What are the Implications for Beneficiaries?

by Eriksen Insurance | Feb 23, 2012 | Medicare

Kaiser Family Foundation reports: “Proposals to raise premiums for higher-income Medicare beneficiaries are currently being discussed along with other options to reduce federal spending on Medicare.  Last year, as part of a more comprehensive effort to reduce...