by Admin | Oct 24, 2012 | Blue Cross Blue Shield, Blue Cross Blue Shield of Illinois, Insurance News
BCBSIL members will no longer be required to wait one year before applying for upgrades or to secure new business rates. This will apply to applications received on November 1, 2012 or later as well as effective dates beginning November 1, 2012 or later. A policy no...
by Admin | Oct 23, 2012 | Health Systems, Insurance Company Mergers, Insurance News
Sherman Health Systems has signed a letter of intent to join Advocate Health Care, a move that will likely intensify competition for patients in the northwest suburbs. Elgin-based Sherman’s board voted Monday to sign a letter of intent to pursue a deal with...
by Admin | Oct 9, 2012 | Insurance News, Obamacare, Surveys
(Crain’s) — Premiums for health insurance plans will climb 6.3 percent in 2013, but employee costs will shoot up even higher as companies look to shift more of the rising expenses to their workers, according to a new forecast by human resources consultancy Aon...
by Admin | Aug 21, 2012 | Aetna, Insurance News
Health-care giant Aetna Inc. has struck a deal to buy Coventry Health Care Inc. for $5.7 billion in cash and stock, a move that will make Aetna one of the largest providers of government-financed health care. Aetna, based in Hartford, Conn., is paying $42.08 a share...
by Admin | Aug 16, 2012 | Healthcare Reform, Insurance News, Obamacare, Politics
(Reuters) – The Obama administration this week will try to encourage reluctant U.S. states to move forward with health insurance exchanges amid fears that time is running out for states to act on a reform provision meant to extend coverage to millions of...
by Admin | Jul 17, 2012 | Blue Cross Blue Shield, Blue Cross Blue Shield of Illinois, Insurance News
Effective July 1, 2012, the pre-existing waiting period on new Blue Cross and Blue Shield of Illinois (BCBSIL) individual policies can now be offset by prior individual coverage with another carrier, provided: Application is received on or after July 1, 2012 The prior...
