Recent Articles
Employers’ premiums for families’ health insurance topped $25,000 in 2024
Companies’ premiums for employees’ family health insurance increased at more than double the US inflation rate to over $25,000 in 2024 as costs of care rose, according to a study. The average employer-sponsored health insurance premium for families jumped 7% to...
Illinois Playbook: Key Political Insights and Updates for 2023
As the political landscape in Illinois continues to evolve, staying updated with key developments and insights is crucial for residents, policymakers, and observers alike. In this blog post, we provide an in-depth look at the most significant political updates and...
Gov. Pritzker Overhauls Illinois Health Insurance and Bans Junk Plans
In a landmark move, Governor J.B. Pritzker has signed new legislation aimed at overhauling the Illinois health insurance industry and eliminating so-called "junk plans." This sweeping reform promises to bring significant changes to how health insurance operates in the...
Understanding Your State’s Health Insurance Exchange Options
Navigating the world of health insurance can be a challenging endeavor, filled with complex terminology and a myriad of options to choose from. One key component of the American healthcare landscape is the health insurance exchange, also known as the health insurance...
2023 Marketplace Elite Circle of Champions!
Illinois Health Agents Inc. has been recognized by the Health Insurance Marketplace® as a member of the 2023 Marketplace Elite Circle of Champions for helping consumers gain qualified health coverage for an 8th consecutive year. This Centers for Medicare &...
No Surprises Act Saves Consumers From Unexpected Medical Bills
The No Surprises Act will took effect on January 1, 2022. This act protects consumers from surprise medical bills, whether they receive coverage through their employer (including a federal, state, or local government), through the Health Insurance Marketplace, or...
New for 2022: an ongoing Special Enrollment Period (SEP) for eligible individuals whose income falls at or below 150% of the Federal Poverty Level (FPL).
Key Points: If a person's income does not exceed 150% of the federal poverty level, they might be eligible for a Special Enrollment Period. This special enrollment period does not have limitations on how often it can be used, or the type of health plan that can be...
Low-income Americans now can sign up for Obamacare plans with $0 premiums on federal exchange
Low-income Americans who missed signing up for 2022 Affordable Care Act coverage can now enroll in plans with $0 premiums through the federal exchange's website. Those with incomes less than 150% of the federal poverty level -- $19,320 for an individual and $39,750...
Government announces surprising hike in Medicare Part B premiums
Yikes. As I was extolling the virtues of Social Security’s 5.9% COLA, the Centers for Medicare and Medicaid Services (CMS) announced that they were increasing the premium for Medicare Part B by 14.5%. As a reminder, Medicare is composed of two...
American Rescue Plan Lowers Obamacare Costs Immediately
For this year and next, the stimulus bill boosts subsidies for nearly all those buying their own coverage, making insurance free for more people and giving higher-income people discounts for the first time.Under the stimulus bill passed by Congress this week and...