by Admin | Jan 3, 2026 | Insurance News
Health insurance premiums in Illinois are set to rise sharply in 2026, with individual plans increasing by an average of 28.8% and marketplace plans potentially costing 78% more. Factors behind these increases include escalating healthcare costs, the expiration of...
by Admin | Jan 3, 2026 | Insurance News
Under the Affordable Care Act (ACA), your business size determines your health insurance obligations: Small Employers (<50 FTEs): No federal requirement to offer health insurance. However, you can voluntarily provide coverage through the Small Business Health...
by Admin | Jan 3, 2026 | Insurance News
Employers in Illinois offering Health Savings Accounts (HSAs) must follow specific recordkeeping rules to meet federal and state compliance standards. Proper documentation ensures tax benefits, avoids penalties, and supports employees in managing healthcare expenses....
by Admin | Jan 3, 2026 | Insurance News
Customizing Health Savings Account (HSA) contributions can make employee benefits more impactful. Instead of a uniform approach, tailoring contributions by employee group – based on factors like job roles, tenure, or income – can align benefits with...
by Admin | Jan 3, 2026 | Insurance News
2026 Employee Benefits Tax Savings CalculatorEstimate how pre-tax benefits lower your 2026 federal, FICA and Illinois taxes.Filing statusSingleMarried filing jointlyAnnual wages $Pre-tax 401(k) / 403(b) $Section 125 benefits (health premiums, payroll HSA, FSA) $ I pay...
by Admin | Jan 3, 2026 | Insurance News
If you have a health issue that existed before starting a new insurance plan, it’s considered a pre-existing condition. Conditions like diabetes, asthma, cancer, or even pregnancy fall into this category. Thanks to the Affordable Care Act (ACA), group health plans in...
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