by admin
| May 9, 2025
| Insurance News
Illinois health insurance premiums have changed significantly since the Affordable Care Act (ACA) was introduced in 2010. Here’s a quick breakdown of the key points: Medicaid Expansion: Expanded coverage for low-income adults, reducing uncompensated care costs...
by admin
| May 5, 2025
| Insurance News
Illinois is making big changes to healthcare with two new laws: H.B. 579 and H.B. 2296. Here’s what you need to know: H.B. 579: Illinois will now run its own ACA marketplace, replacing the federal exchange. This gives the state more control over healthcare...
by admin
| May 3, 2025
| Health Savings Accounts
, Uncategorized
HSA Contribution Limits for 2026: Individual Coverage: $4,150 Family Coverage: $8,300 Catch-up Contribution (55+): $1,000 Key Deadlines: You can contribute to your HSA for 2026 until April 15, 2027. HDHP Requirements for HSA Eligibility: Minimum Deductibles: $1,600...
by admin
| Apr 21, 2025
| Insurance News
The Illinois Prior Authorization Reform Act, effective January 1, 2025, simplifies healthcare approvals in Illinois. It introduces standardized processes, electronic submissions, and strict deadlines for insurers to reduce delays and improve access to medical care....
by admin
| Apr 15, 2025
| Insurance News
Short-term health insurance in Illinois is a temporary solution for those in transition, like between jobs or waiting for other coverage. These plans are affordable but come with significant limitations. Here’s what you need to know: Duration: Coverage lasts 30...
by admin
| Mar 31, 2025
| Insurance News
Understand Employee Needs: Analyze your workforce by age, family status, income, health conditions, and work location. Tailor Coverage by Work Type: Offer plans that suit full-time, part-time, remote, and hybrid employees. Compare Plan Options: Look at traditional...
