Illinois Insurance News

Recent Articles

Expired COBRA Subsidy Gets Mixed Reviews

The temporary health benefits continuation subsidy helped some involuntarily terminated workers but came nowhere close to providing “universal coverage.” Researchers at the Urban Institute, Washington, give that assessment in a review of the 65% federal COBRA group...

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IRS Releases Small Group Tax Credit Examples

The Internal Revenue Service has come out with guidelines for small commercial and nonprofit employers that want to take advantage of a new health insurance tax break. The small employer health insurance tax credit guidelines, given in IRS Notice 2010-44, include...

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U.S. Government Posts Dependent Care Regulations

Federal agencies are rushing young adult dependent coverage interim final rules into effect without going through the usual comment period. The Employee Benefits Security Administration, an arm of the U.S. Department of Labor, has posted a preliminary version of the...

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2010 Small Business Health Insurance Tax Credits

The IRS recently released materials for those wishing to claim the small business health care tax credit for 2010. A provision of the Patient Protection and Affordable Care Act (PPACA), this tax credit is designed to encourage small groups to offer health care...

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Health Care Reform – Frequently Asked Questions

The new health reform law is the most far-reaching health legislation since the creation of the Medicare and Medicaid programs. The following is a look at the impact of the law, which will extend insurance coverage to 32 million additional Americans by 2019, but which...

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Senate OKs The Reconciliation Act – H.R. 4872

Members of the Senate have just voted 56-43 to pass H.R. 4872, the Patient Protection and Affordable Care Act “fixer bill,” and the House is getting ready to re-vote on the bill. Sen. Johnny Isakson, R-Ga., did not vote. All other Republicans voted against the bill....

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