Tag: illinois health insurance exchange

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

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

Nordstrom

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,…

Read More

Illinois legislative committee investigating the effects of health insurance exchanges

The Illinois Health Benefits Exchange Legislative Study Committee, a panel comprised of senators who have been investigating the possible effects an insurance exchange could have on the state’s insurance market, will be submitted its recommendation on the establishment of an exchange to the Senate by the end of this month. Thus far, the committee has remained tight-lipped regarding its findings, but some light may have been shed on the possible outcome of the committee’s research. According to the Chicago Tribune, the state’s insurance industry has been pouring money into the…

Read More