Affordable Care Act

OLIVER WYMAN

Insurance prices in northern Illinois are spiking by more than 20 percent on the marketplace that's a cornerstone of the Affordable Care Act.

The Illinois Department of Insurance released today a detailed look at health insurance prices for 2016.  18 counties in northern Illinois* are seeing price increases (for the cost of a mid-range Silver Plan policy) of more than 20 percent - in some cases close to 30 percent.

In the state, only Chicago/Cook County saw decreases.

Wheaton College will stop providing any health insurance for students to avoid complying with the Affordable Care Act’s contraceptive mandate. The move announced earlier this month takes effect Friday. It affects about 700 students, a quarter of the college’s student population.

The Henry J. Kaiser Family Foundation, KFF State Health

Following Thursday's ruling  from the U.S. Supreme Court, Illinois residents who bought health insurance under the Affordable Care Act -- also known as "Obamacare" -- will get to keep tax credits that cut the cost of their plans. 

The question before the court was whether federal subsidies could be given out in states, including Illinois, that did not build their own online marketplaces. 

Illinois residents surprised by a tax penalty for being uninsured will get another chance to sign up for coverage.

A special enrollment period under President Barack Obama's health care law starts Sunday and runs through April 30th.

Officials say it's the last chance for those who do not have coverage to avoid paying an even bigger fine when they file their taxes next year. 

Deadline For Insurance Enrollment Approaching

Feb 9, 2015
WUIS

The deadline to enroll in the health care marketplace is Sunday, and counselors across the state are meeting with people to help sign them up. 

Loren Greer is a 63-year-old truck driver who was taken off his company's health coverage when he was forced into early retirement. He sought help from an in-person counselor so he can avoid paying a fee after the Feb. 15 deadline.

If it weren't for the threat of a $325 fee, Greer might not enroll.

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