by Admin | Oct 31, 2013 | Flexible Spending Accounts, Insurance News
This afternoon, the IRS and U.S. Department of Treasury have issued a n-13-71 modifying the healthcare flexible spending account (FSA)’s “Use-it or Lose-it” rule. Effective immediately, employers that offer FSA programs that do not include a grace... by Admin | Oct 23, 2013 | Healthcare Reform, Insurance News, Obamacare
The Obama administration confirmed to The Washington Post a little bit ago that it is indeed tweaking the way the individual mandate works as to not penalize anyone who purchases coverage during this first open enrollment period. It’s not quite right to describe... by Admin | Oct 2, 2013 | Healthcare Reform, Illinois Health Insurance Exchange, Insurance News, Obamacare
The federal department overseeing President Obama’s health care overhaul has published a database of insurance plan rates for counties in 34 states, including the 102 in Illinois. The Quinn administration has declined to release such detailed information, which... by Admin | Sep 26, 2013 | Healthcare Reform, Illinois Health Insurance Exchange, Insurance News, Obamacare
The Exchanges are scheduled to open this Tuesday, but regulators announced today that there will be some delays to the Small Business Health Options Program, also known as the SHOP Exchange. Employers with fewer than 50 employees are still expected to have the ability... by Admin | Sep 24, 2013 | Aetna, Blue Cross Blue Shield of Illinois, Humana, Illinois Health Insurance Exchange, Insurance News, Obamacare
Governor Pat Quinn today announced that rates for the benchmark plans that will be offered on the Illinois Health Insurance Marketplace are more than 25 percent below U.S. Health and Human Services (HHS) estimates. The Governor made the announcement as Illinois is... by Admin | Sep 13, 2013 | Healthcare Reform, Illinois Health Insurance Exchange, Insurance News, Obamacare
With less than three weeks left until a key launch date for the nation’s health care law, Illinois residents planning to shop for health insurance on a new online marketplace still don’t know which companies will offer plans or what the policies will cost....