Insurance News

The latest Illinois insurance news.

Illinois set to create state run insurance marketplace, rate review

Illinois is set to run it’s own insurance marketplace to counter soaring costs of health plans sold on the federal Affordable Care Act marketplace. On Tuesday, Governor JB Pritzker signed into law health care priorities backed by democrats, including a new state-based marketplace and rate review. Illinois residents currently access the federal health care marketplace […]

2023 Marketplace Elite Circle of Champions!

2023 Marketplace Elite Circle of Champions!

Illinois Health Agents Inc. has been recognized by the Health Insurance Marketplace® as a member of the 2023 Marketplace Elite Circle of Champions for helping consumers gain qualified health coverage for an 8th consecutive year.  This Centers for Medicare & Medicaid Services (CMS) award highlights Illinois Health Agents’ success in actively enrolling 100 or more […]

No Surprises Act Saves Consumers From Unexpected Medical Bills

The No Surprises Act will took effect on January 1, 2022. This act protects consumers from surprise medical bills, whether they receive coverage through their employer (including a federal, state, or local government), through the Health Insurance Marketplace, or directly through an individual health plan. According to federal estimates, it will apply to 10 million […]

Government announces surprising hike in Medicare Part B premiums

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 programs. Part A, Hospital Insurance (HI), which covers inpatient hospital services, skilled nursing facilities, home healthcare, […]

Illinois is the Nation’s First State to Extend Health Coverage to Undocumented Seniors

Illinois is the Nation’s First State to Extend Health Coverage to Undocumented Seniors

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. Some come in so sick they go right to intensive care. Some don’t survive. “We’re in a bad […]