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 | 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 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 | Apr 30, 2012 | Carriers, Healthcare Reform, Insurance News, Obamacare
(Reuters) – U.S. health insurers will pay $1.3 billion in rebates to consumers and employers this year under a provision of President Barack Obama’s healthcare reform law that penalizes plans that devote too little of their premium revenues to health... by Admin | Mar 6, 2012 | Blue Cross Blue Shield, Blue Cross Blue Shield of Illinois, Insurance News
The parent of Blue Cross & Blue Shield of Illinois booked more than $1 billion in net income in 2011, the second straight year that the Chicago-based company has crossed that milestone. Health Care Service Corp., which also operates Blue Cross plans in Oklahoma,... by Admin | Nov 3, 2011 | Blue Cross Blue Shield of Illinois, Insurance News
Blue Cross and Blue Shield of Illinois (BCBSIL) announced a first year renewal rate cap of 9%* for groups with 51-100 employees. New groups with 51-100 insured employees sold with Jan. 1, 2012 – July 1, 2012 effective dates can take advantage of this offer if they...