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    Amazon takes another step into health insurance space by accepting HSA and FSA accounts

    by admin | Mar 16, 2019 | Flexible Spending Accounts , Health Savings Accounts , Uncategorized

    A screenshot of Amazon’s FSA/HSA storefront KEY POINTS Amazon will now accept consumers’ health savings and flexible savings accounts. That allows people to contribute a portion of their salary or wages, before taxes, to cover medical expenses that would...

    2019 HSA Contribution Limits Released By The IRS

    by admin | Dec 5, 2018 | Health Savings Accounts

    The IRS has announced 2019 HSA contribution limits as part of the release of Revenue Procedure 2018-30. The limits are: HSA 2018 2019 Self-only HSA contribution limit $3,450 $3,500 Family HSA contribution limit $6,900 $7,000 In 2019,...

    Illinois to Impose a 180 day Limit on STM Plans in 2019!

    by admin | Nov 30, 2018 | Illinois Health Insurance Exchange , Illinois Health Insurance Laws , Insurance News , Obamacare

    Illinois lawmakers have taken steps to limit the maximum duration of short-term medical plans (STM plans) to 180 days. Earlier this year, Gov. Bruce Rauner vetoed a bill that would apply this limitation, but Illinois lawmakers had enough votes to override that veto....

    Illinois Approves Medicaid Coverage for Mental Health Via Telehealth

    by admin | Aug 24, 2018 | Healthcare Reform , Illinois Health Insurance , Illinois Health Insurance Exchange , Illinois Health Insurance Laws , Insurance News

    Illinois Gov. Bruce Rauner has approved legislation mandating the state’s Medicaid program to reimburse behavioral and mental health providers for telehealth. The bill was one of five signed into law this week by Rauner, all designed to improve access to mental...

    BCBSIL’s Parent Company Profits $1 Billion

    by admin | Apr 19, 2018 | Blue Cross Blue Shield , Blue Cross Blue Shield of Illinois , Insurance News

    The parent of Blue Cross & Blue Shield of Illinois, the state’s largest insurer, made more than a billion dollars last year, rebounding after three years of Affordable Care Act-related duress.  Health Care Service Corp.’s 2017 net income soared more...

    Rauner stops sending Medicaid patients to BCBSIL

    by admin | Apr 17, 2018 | Blue Cross Blue Shield of Illinois , Insurance News

    The Rauner administration has cut off Blue Cross & Blue Shield of Illinois from enrolling patients in the state’s revamped Medicaid managed care program, a blow to the dominant insurer. The Illinois Department of Healthcare and Family Services, which...
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