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Illinois’ Obamacare plans seek big 2017 premium hikes

by Eriksen Insurance | Aug 2, 2016 | Obamacare

The Chicago Tribune reports: “Insurers want to crank up the cost of health insurance premiums by as much as 45 percent for Illinois residents who buy coverage through the Affordable Care Act’s marketplace. Blue Cross Blue Shield of Illinois, the most...

Land of Lincoln just 1 in long line of ACA health co-op failures

by Eriksen Insurance | Jul 20, 2016 | Affordable Care Act

The Chicago Sun-Times reports: “The state’s shutdown of its three-year-old Land of Lincoln Health was no surprise, observers say, coming amidst a nationwide trail of failures of nonprofit alternative insurers set up under the Affordable Care Act. Those insurers...

Blue Cross premium hikes in Texas, Oklahoma could mean Illinois sticker shock

by Eriksen Insurance | Jun 14, 2016 | Blue Cross and Blue Shield, Heath Care Costs

The Chicago Tribune reports: “Illinois residents who buy Blue Cross and Blue Shield health care coverage through the state insurance exchange may be in for Obamacare sticker shock, if proposed rate hikes by the largest insurers in Texas and Oklahoma are any...

How Obamacare Makes Tax Filing Trickier

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

According to Time Inc. “Many Americans will get new tax forms for the first time. Here’s what to do with them.   This year, you may be receiving tax forms you’ve never seen before, all thanks to the Affordable Care Act, aka Obamacare. For the most...

IRS Grants Extension for 6055 and 6056 Reporting

by Eriksen Insurance | Jan 26, 2016 | Individual Health Insurance, Open Enrollment

According to United Healthcare, Broker Connection Special Edition: “On Dec. 28, 2015, the IRS announced that it is granting an automatic extension for the 2015 information returns required of insurers, employers and certain other providers of Minimum Essential...
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