Governor Quinn Announces Health Plan Rates are 25 Percent Below HHS Estimates

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...

Illinois Obamacare Rates Still Not Released

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....

Affordable Care Act Postpones Employer Penalty

by Admin | Jul 3, 2013 | Healthcare Reform, Insurance News, Obamacare

Obamacare faced another significant setback yesterday when the administration announced it would delay the implementation of the employer penalties by a year until 2015. The Obama team bowed to complaints from business groups about the impact the law would have on...

Health Law Rule Saves Consumers $3.9 Billion in Premiums

by Admin | Jun 27, 2013 | Aetna, Illinois Health Insurance Laws, Insurance Laws, Insurance News, Obamacare

Consumers avoided $3.9 billion in health insurance premium increases in 2012 partly because of the U.S. Affordable Care Act’s limits on what UnitedHealth Group Inc. (UNH), Aetna Inc. (AET) and other coverage plans can charge, the government said. About $500 million in...

U.S. Department of Health and Human Services Releases Final Ruling on Essential Health Benefits

by Admin | Feb 25, 2013 | Healthcare Reform, Illinois Health Insurance Laws, Insurance Laws, Insurance News, Obamacare, Uncategorized

Essential Health Benefits The U.S. Department of Health and Human Services (HHS) released the final regulations about essential health benefits (EHB) on February 20, 2013. The guidance defines the benefits that must be included with all fully insured plans sold inside...

Illinois Gets Approved for Health Insurance Exchange

by Admin | Feb 14, 2013 | Healthcare Reform, Illinois Health Insurance, Illinois Health Insurance Exchange, Illinois Health Insurance Laws, Insurance News, Obamacare

Via Crains Illinois has obtained formal approval from the federal government to operate its health insurance exchange jointly with the U.S. Department of Health and Human Services next year, officials announced on February 13, 2013. A key part of President Barack...