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IRS Providing Limited Transitional Relief for Small Employers Currently Reimbursing Employees for Individual Health Insurance Premiums

by admin | Feb 20, 2015 | Insurance News

The IRS on Wednesday released Notice 2015-17 addressing additional questions on employer payment plans and providing limited transitional relief for small employers who are currently reimbursing employees for individual health insurance premiums. The IRS offered...

Illinois approves BCBSIL’s request to increase “Grandfathered” and “Grandmothered” policy premiums

by Admin | Oct 17, 2014 | Blue Cross Blue Shield of Illinois, Healthcare Reform, Illinois Health Insurance Exchange, Insurance News

.   Grandfathered Plans – individual plans written before 3/23/2010 Blue Cross Blue Shield of Illinois filed a 14.8% rate increase for all plans written before 3/23/2010 (aka “Grandfathered” Plans) that will go into effect as each...

Clarification on Health Insurance Special Enrollment Periods

by Admin | Aug 14, 2014 | Blue Cross Blue Shield of Illinois, Insurance News

Blue Cross and Blue Shield of Illinois (BCBSIL) is providing additional clarification around the qualifying event of gaining/losing a dependent through birth/adoption/fostercare/placement for adoption, which triggers a Special Enrollment opportunity. The Special...

High Court narrows PPACA contraceptive mandate

by Admin | Jul 1, 2014 | Insurance Laws, Insurance News, Obamacare

June 30 (Bloomberg) — The U.S. Supreme Court dealt a blow to President Barack Obama’s health-care law, ruling that closely held companies can refuse on religious grounds to offer birth- control coverage to their workers. Voting 5-4, the justices today said...

CMS and HHS announced an extension for COBRA beneficiaries to enroll into Federal and State Exchanges up until July 1st.

by Admin | May 6, 2014 | COBRA, Healthcare Reform, Insurance News, Obamacare

Date: May 2, 2014 Subject: Special Enrollment Periods and Hardship Exemptions for Persons Meeting Certain Criteria This guidance provides information related to three types of special enrollment periods (SEPs) for persons seeking to enroll in qualified health plans...

IRS Releases 2015 HSA Limits

by Admin | Apr 25, 2014 | Health Savings Accounts, Insurance News

The maximum contributions that can be made to health savings accounts in 2015 will rise slightly. The following data for 2015 was recently released by the IRS for Health Savings Accounts (HSAs): The maximum contribution that can be made to an HSA in 2015 is $3,350 for...
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