by Admin | May 28, 2026 | Insurance News
Providing health coverage to employees is expensive, especially with medical costs projected to rise by 9% in 2026. Employers in Illinois face tough choices when structuring their contributions. Two common approaches are: Percentage-of-premium models: Employers cover...
by Admin | May 25, 2026 | Insurance News
Medicare premiums can help lower your taxes, but most Americans don’t know how. Here’s what you need to know: Medicare premiums are tax-deductible: This includes premiums for Part B, Part D, Medicare Advantage (Part C), and even voluntary Part A (if paid...
by Admin | May 21, 2026 | Insurance News
Employee turnover is expensive, especially for small businesses. Replacing a mid-level employee earning $65,000 can cost up to $65,000. Health benefits are a major factor in keeping employees, but only 57% of small businesses in Illinois offer them, compared to 96% of...
by Admin | May 18, 2026 | Insurance News
In Illinois, Blue Cross Blue Shield of Illinois (BCBSIL) and UnitedHealthcare (UnitedHealthcare) are two major health insurance providers. BCBSIL is the largest insurer in the state, covering over 8.9 million members, while UnitedHealthcare operates under UnitedHealth...
by Admin | May 7, 2026 | Insurance News
Medicare is split into two primary parts: Part A (Hospital Insurance) and Part B (Medical Insurance). Together, they form the foundation of Medicare coverage, but each serves a distinct purpose. Part A: Covers inpatient care like hospital stays, skilled nursing...
by Admin | May 4, 2026 | Insurance News
If you’re an Illinois employer offering group health insurance, the Consumer Coverage Disclosure Act (CCDA) requires you to provide employees with a written comparison of your health plan’s benefits versus Illinois’s essential health benefits. This applies to all...
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