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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...

BCBSIL Allows Changes to Policies Purchased On and Off Exchange

by Admin | Mar 14, 2014 | Blue Cross Blue Shield of Illinois, Illinois Health Insurance Exchange, Insurance News, Obamacare

BlueCross and BlueShield of Illinois members who purchased Qualified Health Plans through Get Covered Illinois or directly through Blue Cross and Blue Shield of Illinois (BCBSIL) now have the ability to change policies through March 31, 2014 (the end of Open...

Obama to Allow Two-Year Renewal of Old Health Plans

by Admin | Mar 5, 2014 | Insurance Laws, Insurance News, Obamacare

March 5 (Bloomberg) — Americans who kept their health plans that didn’t comply with Obamacare requirements will be able to renew those policies for two more years, according to a person familiar with the matter. The Obama administration, which has been...

BCBSIL launches new payment channel for members to make a one-time “check by phone” or online EFT payment

by Admin | Feb 1, 2014 | Blue Cross Blue Shield, Blue Cross Blue Shield of Illinois, Insurance News

On Monday, Blue Cross and Blue Shield of Illinois (BCBSIL) launched a new payment channel for members to make a one-time “check by phone” or online electronic funds transfer (EFT) payment. We have contracted with Alactriti, a third party vendor, to use their automated...

BCBSIL extends Obamacare payment deadline to January 30th, 2014

by Admin | Jan 9, 2014 | Blue Cross Blue Shield, Blue Cross Blue Shield of Illinois, Insurance News

The parent company of Blue Cross and Blue Shield of Illinois is extending the payment due date for health insurance plans that took effect on the first of the year to Jan. 30, the company said in a statement today. Chicago-based Health Care Service Corp., which also...

Deadline for Health Care Sign-Up Is Extended to December 24th, 2013

by Admin | Dec 23, 2013 | Illinois Health Insurance Exchange, Illinois Health Insurance Laws, Insurance News, Obamacare

The White House has decided to allow an extra 24 hours for people to sign up for insurance on HealthCare.gov, through the end of the day Tuesday, to receive coverage beginning on Jan. 1, according to a senior official familiar with the change. The official deadline...
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