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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...

Watch Obamacare’s Architect Reveal His Master Plan To Fix The Law: Bigger Penalties

by Eriksen Insurance | Oct 31, 2016 | Affordable Care Act, Health Care .gov

The Federalist reports: “Obamacare architect Jonathan Gruber joined CNN on Wednesday morning to say the best way to fix the failing health-care law he engineered would be to increase the “penalty.” A recent study found that Obamacare insurance plans will cost...

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...

Illinois Obamacare plan crippled by losses

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

According to Crain’s Chicago Business  ” The operating losses continue to mount at struggling Land of Lincoln Health, totaling $90.8 million for the Obamacare health plan in 2015. That net loss is almost five times greater than the Chicago-based startup...

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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