by admin | May 19, 2015 | Health Savings Accounts, Insurance News
On May 4, 2015, the Internal Revenue Service (IRS) released Revenue Procedure 2015-30 which details the inflation-adjusted amounts that impact qualified high deductible health plans and Health Savings Accounts (HSAs) for the 2016 calendar year, as outlined below:... by admin | Feb 21, 2015 | Insurance News
The ObamaCare Mandate and How You Can Qualify for an Exemption from the Tax “Penalty” ObamaCare Mandate: Those who choose not to purchase insurance will have to pay a tax “penalty” unless they qualify for an exemption. Exemptions from ObamaCare’s tax “penalty” mandate... 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... 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... 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... 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...