Healthcare reforms in Illinois approved

Health care Reform Update

Federal officials have given their conditional approval to the health insurance exchange in the state. Illinois has just received the conditional approval from the federal government for the healthcare reforms that it is making in terms of establishing a health insurance marketplace that will open for thousands of residents of the state starting on October 1 in order to allow for the purchase of coverage that will begin on January 1, 2014. This is a major step in the state for its ability to carry out the Affordable Care Act…

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Health insurance exchange receives a boost in Chicago from Sebelius visit

Health Insurance exchange marketplaces

The appearance on Wednesday was specifically designed to give the marketplace positive push. Kathleen Sebelius, the U.S. Health and Human Services secretary, made an appearance in Chicago, yesterday, in order to launch the rebranded health insurance exchanges as coverage “marketplaces”. Under this new term, the state level online resources will still be providing the same services. A central element of the healthcare reform law that was first implemented in 2010, these health insurance exchanges are meant to provide individuals and small businesses with an online location where they can compare…

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Illinois health insurance exchange still uncertain

Illinois Health Insurance Exchanges

Illinois health insurance exchange is the basis for new political turmoil in its home state The Affordable Care Act is here to stay in the U.S., secured by a second term victory from President Obama and upheld by the Supreme Court. Because the future of the health care reform law is not longer in question, states are beginning to take aggressive steps to ensure they comply with the federal law. Some of the provisions of the Affordable Care Act are more easily accomplished than others, however, and some states are…

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Illinois health insurance exchange making progress

Illinois Health Insurance Exchange

Legislators continue to push for Illinois health insurance exchange The Illinois health insurance exchange is on track to comply with federal regulations and deadlines. State officials have been making progress in building the state’s own exchange program, hoping to have one established before being confronted by deadlines from the federal government. Thus far, progress has been modest, but promising. The state is now reviewing five bids from companies and organizations interested in building the exchange program. Legislators are expected to choose one of these bidders within the coming months. State…

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Illinois legislators to decide the fate of a state-run insurance exchange this week

This is an important week for the health insurance industry in Illinois. The state has entered the national limelight as it draws closer to making a decision regarding the establishment of a health insurance exchange. Legislators have been torn on the issue since the passing of the Affordable Care Act in 2010. A law that would make the exchange a reality is currently before the state Legislature and lawmakers are expected to determine the fate of the exchange initiative by the end of the week. If the law is passed,…

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