by Admin | Jul 17, 2012 | Blue Cross Blue Shield, Blue Cross Blue Shield of Illinois, Insurance News
Effective July 1, 2012, the pre-existing waiting period on new Blue Cross and Blue Shield of Illinois (BCBSIL) individual policies can now be offset by prior individual coverage with another carrier, provided: Application is received on or after July 1, 2012 The prior... by Admin | Jun 28, 2012 | Insurance News, Surveys
(Crain’s) — Nearly 5,000 Illinois residents died between 2005 and 2010 because they didn’t have insurance, according to a new report issued just days before the U.S. Supreme Court’s expected ruling on the federal overhaul of health care. Illinois... by Admin | Jun 28, 2012 | Blue Cross Blue Shield of Illinois, Insurance News
(Crain’s) — Two Northwest Side outpatient surgery centers that are part of a group of Chicago-area clinics allege that Blue Cross & Blue Shield of Illinois has reneged on “unambiguous promises” of coverage for services totaling more than $10 million, as the... by Admin | Jun 28, 2012 | Healthcare Reform, Illinois Health Insurance Laws, Insurance Laws, Insurance News, Obamacare
WASHINGTON— The Supreme Court led by Chief Justice John G. Roberts Jr. upheld the heart of President Obama’s health care law today, ruling that the government may impose tax penalties on those who do not have health insurance. The decision came on a 5-4 vote,... by Admin | Jun 6, 2012 | Blue Cross Blue Shield, Blue Cross Blue Shield of Illinois, Insurance News
(Crain’s) — Net income for the parent of Blue Cross & Blue Shield of Illinois dipped to about $408 million in the first quarter, compared with a year ago, as claims rose faster than revenue. Health Care Service Corp.’s first-quarter net income slipped... by Admin | Jun 5, 2012 | Healthcare Reform, Insurance News
Employers and plan administrators that offer health flexible spending accounts have been bracing themselves for Jan. 1, 2013. That’s when the $2,500 limit on health FSA salary reduction contributions provided for in the Patient Protection and Affordable Care Act kicks...