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9 Health Insurance Acronyms Small Business Owners Should Know

by Eriksen Insurance | Aug 21, 2019 | Health Insurance News

Small Business Trends reports: “Many health insurance acronyms float around these days. In the past, people counted on essentially two health care options. They included traditional group health insurance and, for seniors, Medicare. Today, you’ll find a number...

Illinois submits big Obamacare rate increases to the feds

by Eriksen Insurance | Sep 21, 2017 | 2017 Open Enrollment

The Chicago Tribune reports: “Hundreds of thousands of Illinois consumers who buy health insurance on the state’s Obamacare exchange will likely see average rates increase by 16 to 37 percent next year for the lowest-priced plans, according to a new...

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...

Humana to Record 2016 Obamacare Shortfall, Membership Drops

by Eriksen Insurance | Jan 26, 2016 | Affordable Care Act, Health Insurance News, Individual Health Insurance

According to Bloomberg Business: “Humana Inc. is the latest insurer to run into trouble in Obamacare’s individual health-insurance markets. The health insurer said that it probably won’t collect enough money to cover costs for some customers who bought...

Feds tighten when people can enroll in Obamacare plans

by Eriksen Insurance | Jan 26, 2016 | Affordable Care Act, Health Insurance News, Open Enrollment

According to USA Today: “Bowing to pressure from insurers, federal officials on Tuesday tightened the conditions under which people can sign up for plans on the HealthCare.govexchange outside open enrollment. The move by the Centers for Medicare and Medicaid...
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