health insurance

Health insurance premiums could increase by almost half for Illinois residents who buy plans through Affordable Care Act markets, according to proposals submitted by insurers.

Blue Cross Blue Shield is the largest company on the exchange, and is proposing increases ranging from 23 to 45 percent for individual plans.

The company says these increases are in line with those in markets across the country.   Analysts note insurers are facing higher medical costs from ACA customers, and some companies priced their initial coverage too low in an attempt to grab new business.

WUIS

The rate of Illinois residents with health insurance continues to grow.

In 2013, nearly 18 percent of Illinois adults didn’t have insurance.

The next year, the Affordable Care Act took effect. The rate of uninsured dropped to 15 percent that year.

Last year, it continued to fall.

A new report from the Centers for Disease Control puts the figure at more than 10 percent. That insurance comes from Obamacare for many Illinoisans.

Free Health Insurance Event For Young Adults

Jan 28, 2015
Get Covered America

Young adults can learn more about their health insurance options at a free health insurance presentation Thursday at the Northern Illinois University facility in Rockford.

Certified helpers will answer questions and help enroll participants for health insurance before the Feb. 15 deadline.

This National Youth Enrollment Day event is for young adults between the ages of 18 and 26. Juliana Barker, a grant coordinator at the Winnebago County Health Department, says young adults may not be properly educated about insurance.

State Farm / Blue Cross and Blue Shield

Blue Cross and Blue Shield and State Farm have partnered to offer individual health insurance policies.

In five states, including Illinois, Blue Cross and Blue Shield will offer health plans that State Farm clients can purchase. Some of those plans will be on Affordable Care Act health insurance exchanges.

Open enrollment beings Nov. 15, with health coverage becoming effective Jan. 1, 2015.

iStockphoto.com

Confused about Obamacare? You're not alone. Nearly all Americans will be required to have health insurance starting January 1, 2014, or else they will be liable for a tax penalty. But many people aren't sure if they qualify and they have no clear idea of how much insurance might cost.

WNIJ can help. By entering data like zip code, income, age, family size and other factors into the Obamacare Calculator below, users can get estimates of the tax subsidies and insurance premiums available to them if they purchase insurance through the marketplaces, or exchanges.

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