Recent Articles
Trump pulling Obamacare subsidies is latest bitter pill for health insurance shoppers
In Illinois, nearly half of the roughly 314,000 people who bought Obamacare health insurance coverage last year did so with the help of a federal subsidy. Nationwide, the tally is higher: on average 57 percent of the 10.3 million people with such a plan, according to...
Illinois Insurers plan to hike Obamacare rates 43 percent
Insurers want to raise rates by up to 43 percent for Illinois customers who receive health care coverage under the Affordable Care Act. Among the companies seeking double-digit rate hikes on most of their plans starting next year are the three insurers that offered...
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...
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...
House Republicans passed a bill to repeal and replace Obamacare
House Republicans just passed their bill to repeal and replace Obamacare, a plan that reduces taxes but puts millions at risk of losing their health insurance, including people with preexisting conditions, older Americans, and the poor. The vote on Thursday was close...
Health Alliance Reaches Capacity for Individual Enrollment in Illinois
News from Health Alliance: With the exit of many plans from the individual market and large premium increases from other plans, we knew we couldn't absorb all of the potential members from the areas we serve. Therefore, we reached an agreement with the Illinois...
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).*...
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...
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...
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...