by admin | Mar 2, 2022 | Insurance News, Medicare
Yikes. As I was extolling the virtues of Social Security’s 5.9% COLA, the Centers for Medicare and Medicaid Services (CMS) announced that they were increasing the premium for Medicare Part B by 14.5%. As a reminder, Medicare is composed of two... 
by admin | Mar 11, 2021 | Healthcare Reform, Insurance Laws, Insurance News, Obamacare
For this year and next, the stimulus bill boosts subsidies for nearly all those buying their own coverage, making insurance free for more people and giving higher-income people discounts for the first time.Under the stimulus bill passed by Congress this week and... 
by admin | Feb 16, 2021 | Illinois Health Insurance, Insurance Laws, Insurance News
As a nurse manager for one of Chicago’s busiest safety-net hospitals, Raquel Prendkowski has witnessed COVID-19‘s devastating toll on many of the city’s most vulnerable residents — including people who lack health insurance because of their immigration status.... 
by admin | Dec 30, 2020 | Flexible Spending Accounts, Healthcare Reform, Insurance News
President Donald Trump signed a new stimulus bill into law on December 27, 2020 which will provide direct payments to eligible individuals and loans to small businesses, among other things. Among those other things are temporary and optional changes that... by admin | Dec 23, 2020 | Healthcare Reform, Illinois Health Insurance Laws, Insurance News
The Deal to End Surprise Medical Bills Finally Gets Approved Scope Of The Protections Consumers would be protected from surprise medical bills when they receive care in both emergency and nonemergency settings; the protections would extend to out-of-network air... by admin | Jul 3, 2020 | Blue Cross Blue Shield, Blue Cross Blue Shield of Illinois, Illinois Health Insurance, Insurance News
Severance pay drove the outgoing CEO’s compensation above $31 million, while the Blue Cross parent also showered cash on her interim successor, the board chairman and other execs. Paula Steiner, who stepped down as CEO in July, received total compensation last...