Illinois Insurance News

Recent Articles

Illinois insurers plan 2018 double-digit ACA rate increases

Illinois consumers and small businesses using Obamacare will have fewer insurers to choose from and could face double-digit rate hikes for health plans they buy on the exchanges. On average, the highest rate increase proposed for plans to be sold to Illinois small...

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2018 HSA Limits Announced

The Internal Revenue Service (IRS) has released the 2018 annual contribution, deductible, and out-of-pocket maximum limits for Health Savings Accounts (HSA) and HSA-qualified health plans. The 2018 amounts for HSA-qualified plans are: 2018 Minimum Deductibles...

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Land of Lincoln Health SEP Approved – Act Now!

CMS Approves Special Enrollment Period for Individuals The Centers for Medicare and Medicaid Services (CMS) has recently granted Land of Lincoln Health (LLH) individual policyholders a Special Enrollment Period (SEP) due to a loss of Minimum Essential Coverage (MEC).*...

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Illinois Shutting Down Land of Lincoln Health

Illinois' acting insurance director has asked to take control of Land of Lincoln Health to begin an orderly shutdown of the company, meaning about 49,000 people will lose their health insurance in the coming months. The decision is based on Land of Lincoln's unstable...

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House committee approves boost in HSA contributions

House committee approves boost in HSA contributions

Employees could make bigger contributions to their health savings accounts, while colleges and universities that don't extend health insurance coverage to student employees would not be exposed to huge health insurance law penalties, under bills approved Wednesday by...

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2017 HSA Guidelines Released

The 2017 health savings account (HSA) guidelines were recently released by the Internal Revenue Service (IRS). These guidelines outline the inflation-adjusted contribution, deductible, and out-of-pocket spending limits for Health Savings Accounts (HSAs) and...

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Land of Lincoln drops University of Chicago Medical Center

Land of Lincoln drops University of Chicago Medical Center

Land of Lincoln Health, a struggling Chicago health insurer, will drop the University of Chicago's medical center and affiliated doctors from its insurance network March 1, an unexpected change that has upset some customers. The move comes after some customers bought...

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2016 Open Enrollment Extended!

Please see the below message from Kevin Counihan, CEO of the Health Insurance Marketplaces: Because of the unprecedented demand and volume of consumers contacting our call center or visiting HealthCare.gov, we are extending the deadline to sign-up for January 1...

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