Illinois Health Agents
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. Executive pay keeps climbing at Blue Cross of Illinois’ parent company, even as the health insurance giant lays off workers and looks for a new strategy. The […]
The parent of Blue Cross & Blue Shield of Illinois, the state’s largest insurer, made more than a billion dollars last year, rebounding after three years of Affordable Care Act-related duress. Health Care Service Corp.’s 2017 net income soared more than 10-fold, to $1.26 billion, according to its newly filed financials. That marks a return […]
The Rauner administration has cut off Blue Cross & Blue Shield of Illinois from enrolling patients in the state’s revamped Medicaid managed care program, a blow to the dominant insurer. The Illinois Department of Healthcare and Family Services, which oversees Medicaid, stopped enrollment to Blue Cross on April 11 and issued a $150,000 fine, according […]
BCBSIL and OSF – Agreement Reached Blue Cross and Blue Shield of Illinois (BCBSIL) and the Order of St. Francis Healthcare System (OSF) have reached an agreement that will keep the following OSF hospitals in BCBSIL’s PPO and BlueChoice® networks: Medical Center City OSF St. Joseph Medical Center Bloomington OSF St. Mary Medical Center Galesburg […]
In Illinois, nearly half of the roughly 314,000 people who bought Obamacare health insurance coverage last year did so with the help of a federal subsidy. Nationwide, the tally is higher: on average 57 percent of the 10.3 million people with such a plan, according to the nonprofit Kaiser Family Foundation. President Donald Trump announced […]
Insurers want to raise rates by up to 43 percent for Illinois customers who receive health care coverage under the Affordable Care Act. Among the companies seeking double-digit rate hikes on most of their plans starting next year are the three insurers that offered Obamacare coverage in Cook County this year, according to rate reviews […]
Illinois consumers and small businesses using Obamacare will have fewer insurers to choose from and could face double-digit rate hikes for health plans they buy on the exchanges. On average, the highest rate increase proposed for plans to be sold to Illinois small businesses is nearly 47 percent, and for consumers, 43 percent, according to […]
In light of recent conversations about NorthShore University Health System, Blue Cross and Blue Shield of Illinois‘ (BCBSIL) has confirmed its active relationship with NorthShore and its participation in the BCBSIL provider networks. The NorthShore system participates in the Blue Precision<sup>SM</sup> HMO network, offered both on and off the Health Insurance Marketplace for individuals and small […]
BCBSIL is announcing a new HMO network product, offered in collaboration with Advocate Health Care. This exclusive-network HMO is offered both on and off exchange for individuals, families and small group customers. BlueCare DirectSM is a unique product that combines the strength, expertise and reputation of two of the state’s leading health organizations. It provides […]
The broad and largest Blue PPO Network that was offered for 2014 and 2015 will not be offered for individual plans in 2016. In 2016, BCBSIL will expand the smaller Blue Choice Preferred PPOSM* Network, so that it will be an option in every county across the state. BCBSIL is also expanding our Blue Precision […]
