Blue Cross and Blue Shield of Illinois: 2016 Rate Filings

by Eriksen Insurance | Sep 16, 2015 | Blue Cross and Blue Shield

Blue Cross and Blue Shield of Illinois reports: “Blue Cross and Blue Shield of Illinois (BCBSIL) recently filed its 2016 rates with Illinois. Below are FAQs that may help you understand what this means. Who does this affect? The 2016 rates will affect...

IRS Issues New Instructions for Obamacare

by Eriksen Insurance | Oct 3, 2014 | Insurance Reform

Health Insurance Exchange reports: “The Internal Revenue Service has issued new draft instructions, notices and a publication to help taxpayers and tax practitioners deal with the Affordable Care Act. The draft instructions were released last week for Form 8962,...

Questions and Answers on the Individual Shared Responsibility Provision

by Eriksen Insurance | Sep 3, 2013 | Insurance Reform

The IRS reports: “Basic Information 1. What is the individual shared responsibility provision? Under the Affordable Care Act, the federal government, state governments, insurers, employers and individuals are given shared responsibility to reform and improve the...

Out-Of-Pocket Costs For Drugs Will Increase Under ACA

by Eriksen Insurance | Jul 19, 2013 | Insurance Reform

Insurance News Net reports: “A new analysis from HealthPocket of early health insurance rate filings finds that consumers who choose the lower cost Bronze Plans and Silver Plans under the Affordable Care Act (aka “Obamacare”) will likely be paying...

Taxpayers File Suit Over IRS Rule on Health Care Act Tax Credits

by Eriksen Insurance | May 23, 2013 | Insurance Reform

Forbs reports: “Just one day after the Internal Revenue Service additional Proposed Regulations to clarify governance issues related to the HealthCare Act, a group of taxpayers filed a lawsuit in federal court, hoping to put the brakes on the IRS’ right to...