by admin | Mar 15, 2018 | Uncategorized
Effective immediately, the 2018 Health Savings Account (HSA) annual contribution limit has been reduced to $6,850 for family coverage (employee plus one). The Internal Revenue Service (IRS) initially set the limit at $6,900. There is no change to the annual...
by admin | Feb 17, 2018 | Health Savings Accounts, Healthcare Reform
A provision tucked in President Donald Trump’s proposed budget would give people on Medicare a way to save for health care costs on a tax-advantaged basis. In the proposal, the White House calls for a new option that would permit Medicare beneficiaries to make...
by admin | Nov 22, 2017 | Blue Cross Blue Shield, Blue Cross Blue Shield of Illinois, Insurance News
BCBSIL and OSF – Agreement Reached Blue Cross and Blue Shield of Illinois (BCBSIL) and the Order of St. Francis Healthcare System (OSF) have reached an agreement that will keep the following OSF hospitals in BCBSIL’s PPO and BlueChoice® networks: Medical Center...
by admin | Nov 21, 2017 | Insurance News, Medicare
The standard monthly premium for Medicare Part B enrollees will be $134 for 2018, the same amount as in 2017. Some beneficiaries who were held harmless against Part B premium increases in prior years will have a Part B premium increase in 2018, but the premium...
by admin | Oct 13, 2017 | Ambetter, Blue Cross Blue Shield of Illinois, Cigna, Illinois Health Insurance, Insurance Laws, Obamacare
In Illinois, nearly half of the roughly 314,000 people who bought Obamacare health insurance coverage last year did so with the help of a federal subsidy. Nationwide, the tally is higher: on average 57 percent of the 10.3 million people with such a plan, according to...
