Tag: illinois

Illinois sets sights on health insurance co-op

Marc
Illinois Health Insurance Exchange

Illinois announces plans for health insurance co-op As the Affordable Care Act inches closer to becoming fully enacted in 2014, states are making moves on the health insurance exchanges that the law requires them to host. These health insurance exchange systems are meant to be online marketplaces where consumers can find affordable health insurance policies. Several states have chosen not to build or operate their own insurance exchange but others, such as Illinois, have been considering a somewhat less popular approach to the issue. Co-op could be a decent alternative…

Read More

Esurance aims to raise auto insurance rates in Illinois

Dan
Questionable tow and glass claims run rampant

Esurance introduces new rate hike for Illinois market Esurance, a leading online auto insurance provider owned by Allstate, is looking to raise the rates of  its coverage in Illinois. The auto insurance company has plans to raise rates by an average of 5% throughout the state by December 11.Esurance suggests that the increase comes after a review of the Illinois insurance market. The company has determined that a rate increase is necessary in order to remain competitive and account for some of the risks that are emerging within the market…

Read More

Illinois health insurance exchange still uncertain

Nordstrom
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…

Read More

Illinois health insurance exchange making progress

Nordstrom
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…

Read More