by admin | Jun 30, 2025 | Health Savings Accounts, Obamacare
Navigating ACA and HSA regulations in 2025 is crucial for employers in Illinois. Key updates include: ACA Affordability Threshold: Rising to 9.02% of household income. For self-only coverage, the maximum monthly contribution is $113.20. HSA Contribution Limits:... 
by admin | May 26, 2025 | Insurance News
Health insurance gaps can lead to expensive medical bills and limited access to care. Here’s how to avoid them: Plan for Life Changes: Coverage gaps often happen during job changes, turning 26 (aging out of parental plans), or relocating. Always check when your... 
by admin | May 19, 2025 | Illinois Health Insurance, Insurance News
Starting May 2025, Illinois is changing its Medigap rules to make switching plans easier and more affordable for Medicare beneficiaries. Key updates include: 45-Day Birthday Rule: Beneficiaries aged 65–75 can switch to a Medigap plan with equal or lesser benefits... 
by admin | May 16, 2025 | Insurance News
Want to sell insurance in Illinois? Here’s a quick guide to getting onboarded with carriers while staying compliant with state regulations. Key Steps: Choose Your Carriers: Review network coverage and carrier requirements. Evaluate certifications, licensing, and... 
by admin | May 12, 2025 | Insurance News, Medicare
Medicare has specific enrollment periods for signing up or changing your coverage. Missing the right window can lead to penalties or delays in coverage. Here’s a quick breakdown of the key Medicare enrollment periods: General Enrollment Period (GEP): For those... 
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...