by Admin | Nov 29, 2011 | Healthcare Reform, Insurance News, Obamacare
(Reuters) – The breakdown of deficit talks in Congress will exact little pain on the U.S. healthcare industry, but it’s a temporary reprieve from steeper cuts that could be put back on the table in 2013. The failure of the congressional “super... 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... by Admin | Sep 19, 2011 | Blue Cross Blue Shield, Blue Cross Blue Shield of Illinois, Insurance News
(Crain’s) — After surging earlier in the year, profits of the parent of Blue Cross & Blue Shield of Illinois dropped sharply during the second quarter, to a still hefty $270 million, as benefits rose and membership shrank. Chicago-based Health Care Service... by Admin | Sep 7, 2011 | COBRA, Insurance News
On August 31, 2011, the COBRA continuation premium subsidy ended. Former employees who want to maintain their COBRA coverage during any remaining COBRA continuation coverage period will now be responsible for the full 100 percent of their premium payments. The... by Admin | Aug 25, 2011 | Healthcare Reform, Insurance Laws, Insurance News
The Department of Health and Human Services has issued new guidance stating that plan sponsors of all stand-alone Health Reimbursement Arrangements (HRAs) with rollover of unused funds in effect prior to September 23, 2010 will no longer be required to seek waivers... by Admin | Aug 19, 2011 | Insurance News, Surveys
Many large U.S. employers intend to increase employees’ in-network deductibles and employees’ share of the premiums in 2012. The National Business Group on Health (NBGH), Washington, has reported those findings in a summary of results from a recent survey of 83 large...