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    Supreme Court upholds health care law as tax measure

    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,...

    BCBSIL’s Parent Company Income Drops 6.7 Percent in 1st Quarter of 2012

    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...

    IRS May Eliminate FSA Use-It-or-Lose-It Rule

    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...

    Health Savings Account Enrollment Up 18 Percent

    by Admin | May 30, 2012 | Health Savings Accounts , Insurance News , Surveys

    Enrollment in health savings accounts (HSAs) grew 18 percent last year as employers continued to steer workers into high-deductible medical plans, an insurance group said this morning. HSA membership rose from 11.4 million in January 2011 to 13.5 million in January...

    Internal Revenue Service Issues Final Regulations Governing Health Insurance Premium Tax Credit

    by Admin | May 22, 2012 | Healthcare Reform , Insurance Laws , Insurance News , Obamacare

    In regulations to be published in the May 23 Federal Register, the Internal Revenue Service provides guidance for individuals who enroll in qualified health plans through American Health Benefit Exchanges and claim the health insurance premium tax credit and for...

    Dupage Medical Group takes 1st step to not cover uninsured immigrants

    by Admin | May 14, 2012 | Healthcare Reform , Insurance News

    DuPage Medical Group has added a Race and Ethnicity Guide to their registration process when patients seek medical treatment. The Guide, which asks patients to indicate their race and ethnicity, assures that the information will only be used as part of the Meaningful...
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