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    2012 Healthcare Reform Changes

    by Admin | Feb 22, 2012 | Healthcare Reform , Insurance Laws , Insurance News , Medicare

    A summary of health reform initiatives which become effective in 2012: 2012 Changes to Medicare Make Part D cost sharing for full benefit dual eligible beneficiaries receiving home and community based care services equal to the cost sharing for those who receive...

    Study Finds Ending Individual Mandate Would Not Dramatically Hike Insurance Prices

    by Admin | Feb 22, 2012 | Healthcare Reform , Insurance News , Surveys

    A new RAND Corporation study concludes that eliminating a key part of health care reform that requires all Americans to have health insurance would sharply lower the number of people gaining coverage, but would not dramatically increase the cost of buying policies...

    Big Changes In Healthcare Could Return In 2013

    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...

    BCBSIL Introduces Renewal Rate Cap for New 51-100 Segment Groups

    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...

    BlueCross BlueShield profits drop 23% in 2nd Quarter

    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...

    Federal COBRA Premium Subsidy Expired August 31, 2011

    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...
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