Posts Tagged ‘illinois health insurance’

Will Illinois Medical Insurance Benefits Be Terminated With Repeal Of ObamaCare?

Wednesday, October 27th, 2010

As the ObamaCare plan faces contention for the February primary elections, and if the republicans capture the majority, many ponder the fate of Illinois medical insurance policies. When Stanford University conducted an AP Poll funded by the Robert Wood Johnson Foundation, the findings showed that only a third approve of the ObamaCare and all the policies of the Patient Protection Affordability and Care Act PPACA)). The vast majority are concerned about America’s economy and the future of the medical sector.

Currently, Illinois medical insurance agencies may not deny benefits to children under the age of 19, who have been diagnosed with a pre-existing medical condition. This law became effective in September. Sequentially, Illinois medical insurance companies dropped child only policies.

Other health plans, effective after March 23trd, have to adhere to these newly implement laws and deemed it necessary to increase premiums to counter future losses. On the contrary, some Republican pundits assert that the health reform bill requires significant revisions.

Most Illinois life insurance representatives laud the newly enforced laws. High blood pressure, cholesterol testing and cancer screening are now inclusive with all Illinois medical insurance plans. These preventative health benefits, which became another requirement last month, would most likely be an irrevocable benefit.

“That’s at least $2000 worth of out-of-pocket expenses. Since, this new policy went into effect, our clients understand the value of Illinois medical insurance benefits. As a result, the premiums reflect a percentage of these benefits,” reveals Michael Novelli, president of IllinoisLifeandHealth.com.

In addendum to including preventative health benefits, coverage for children with preexisting conditions, Illinois medical insurance plans must offer coverage for dependent children until 26 years old and cannot cancel sick accountholders.

With health care agencies being required to offer all these benefits, coupled with legality of taxing Americans, who do not have medical insurance sometime in 2014, market research published by the Associated Press found that 40 percent of the survey participants were not in favor of ObamaCare. Missouri, Florida and 20 other states are suing the federal government, questioning the constitutionality of the enactment of ObamaCare.

Nevertheless, Mr. Novelli forecasts “Even if the ObamaCare is revoked current benefits for children, preventative care as well as the rescission laws wound not be canceled from Illinois medical insurance plans.

IllinoisLifeandHealth.com provides complimentary illinois medical insurance quotes, advice and a wealth of information regarding Illinois medical insurance. Bookmark the site for the latest news, resources and no obligation quotes, online.

What Are College Graduates Illinois Health Insurance Options?

Wednesday, June 23rd, 2010

With thousands of college graduates across the state, decent percentages are facing a gap in Illinois health insurance. Despite the Patient Protection And Affordable Care Act (PPACA), small businesses, corporations, and other employers are not too hasty to implement the dependent coverage clause until it is required in 2011. The quandary leaves many Illinois graduates sans economical medical coverage until perhaps employment.

Mike Novelli, the president and a licensed agent of Illinois Life and Health, representing major Illinois health insurance companies, warns parents and students to explore temporary or short-term coverage over COBRA benefits.

While the Consolidated Omnibus Budget Reconciliation Act (COBRA) requires that employees or dependents, who lose those their Illinois health insurance benefits the ability to continue coverage, COBRA premiums are substantially higher than other health plans.

Prior to opting to continue with COBRA benefits, students should compare the premiums to other creditable Illinois health insurance plans. Unless one suffers from a preexisting medical condition, Illinoisans have numerous affordable medical care alternatives.

For the individual, who is awaiting gainful employment, a short term Illinois health insurance plan closes the gap between adequate medical coverage. With viruses, such as H1N1, major illnesses and even accidents, medical coverage avoids the risk of financial devastation.

Most major medical insurance agencies offer short-term plans, segmented by the term of the policy (3-month, six-months or a year). Also, some Illinois health insurance companies offer incentives for upfront prepayments; however, be sure to compare all the plan’s features (in example: premiums, out-of-pocket expenses, preventative services, and deductibles).

Some of the guidelines required in the PPACA have already been incorporated by certain insurance agencies. For example, certain Blue Cross Blue Shield’s Blue plans already include some of the preventative services provisions delineated in the PPACA.

Nonetheless, as additional terms become effective with the Patient Protection and Affordable Care Act (PPACA), students will have the ability to secure feasible Illinois health insurance, sans the restrictions and exclusions as seen in the past.

IllinoisLifeandHealth.com offers complimentary Illinois health insurance quotes, advice and a wealth of information regarding Illinois medical insurance. Bookmark the site for the latest news, resources and no obligation quotes, online.

Not Having Illinois Medical Insurance Heightens Mortality Risks

Wednesday, February 24th, 2010

Not having Illinois medical insurance can be a life and death situation. While the health insurance reform bill dangles, more data supports the potential for a higher death toll among the uninsured. From developing cancer, heart disease to suffering from a traumatic injury, evidence portends that being without Illinois medical insurance is merely a fatal proposition.

In a recently published clinical trial, 1231 patients, suffering from head or neck cancers, were followed from 1998 through 2007 at the Pittsburgh Medical Center. Researchers compared the survival rate of patients, who had health insurance with the uninsured. Out of 128 subjects, who did not have health insurance or were on Medicaid, 50 percent passed away. In contrast, only 22 percent of the patients with insurance perished.

Similar mortality discrepancies were noted among individuals suffering from traumatic injuries. Physicians and researchers at Children’s Hospital Boston and Harvard Medical School collected statistics from the National Trauma Data Bank, which has a compilation of 2.7 million patients admitted to trauma centers throughout the United States. Evaluating data from 2002 and 2006, researchers looked at 687,091 adult patients admissions.

The study correlated a significant link between the mortality rates of the uninsured patient versus the insured. Researchers tried to rework the data to eliminate any findings associated with age, race and gender; nonetheless, the statistics showed the same high mortality rate amongst individuals without insurance. Even more perplexing, Medicare members had a survival rate comparable to the insured patients.

Researchers compared hospital admissions, from 1998 to 2005 at the Department of Surgery, Division of Trauma and Critical Care, Cedars-Sinai Medical Center, reviewing the mortality rate of 29,829 patient admissions. Sixty-eight percent of the admissions were uninsured patients. The data suggested a higher death rate among the non-insured, who were younger with fewer injuries than the surviving insured counterparts.

Although hospitals initiate treatment, it is unclear whether the disparity in medical care takes place during hospitalization. Despite the lack of research evaluating the mortality rate of the uninsured to individuals with Illinois medical insurance, the Centers for Disease Control has data indicating of Illinoisans not having Illinois medical insurance has been on the rise for more than a decade.

In the interim, cardiovascular disease maintains its status as a leading killer United States. The American Heart Association made note of a 33 percent escalation of cardiovascular inpatient operations from 1996 to 2006. Given the emerging rate of cancer, heart disease diagnoses, a lack of health coverage foretells a fatal outcome.

Illinois medical insurance consultant, Michael Novelli “Despite the fact that cancer and cardiovascular diseases are not completely preventable, individuals with medical coverage are more apt to have early detection, assuring better medical care. An abundance of managed care Illinois medical insurance plans are economical enough to impede additional medical casualties.

Bookmark or visit Illinois Life and Health.com for additional information regarding Illinois medical insurance. The site provides the latest resources, news, and free health insurance quotes, online.

Illinois Health Insurance Plan Affords Short-term Solution

Saturday, January 23rd, 2010

With the details of the health care reform bill looming, uninsured individuals are the most susceptible to an unforeseen medical catastrophe, wreaking financial duress. Analysts’ projections show that institution of a new bill is three to four years in the making. To mollify transitional medical requirements Humana affords a short-term solution, offering Illinois health insurance.

Conducive for the consumer, who is in an employment or retirement transition, HumanaOne’s short-term policy accommodates essential health care needs. In lieu of HumanaOne’s short-term plans’ preexisting medical condition restrictions, the Illinois health insurance boasts numerous redeeming benefits.

The plan gives applicants the autonomy to choose the span of the policy. From state-to-state, benefits are covered for a year, six months or 30-days of medical care. Family coverage ranges from 1,000 to a $10,000 deductible; and an individual plan runs between $500 and $5,000 for the deductible.

Considering that this Illinois health insurance plan is short term, it includes a $2 million maximum benefit and prescription drug coverage.

The best candidates for Humana One’s short-term plan are Americans, who are unemployed; people, who are employed part-time (seasonal and temporary); retirees who are ineligible for Medicare; and recent hires, awaiting Illinois health insurance benefits.

For an extra savings, consumers who pay the entire policy up front are entitled to a 20 percent discount. HumanaOne eases payment by accepting credit cards, account transfers and checks.

When compared with other Illinois health insurance plans, Humana One’s short-term plan delivers substantial flexibility. For instance, the medical quote process ranges within a 24 to 72 hour turnaround approval span. That means Illinoisans can have medical coverage within a week’s time.

Unplanned medical bills are the gamble that consumers encounter without health insurance. HumanaOne’s short-term plan alleviates the risk of foregoing health insurance. Nonetheless, consumers should be sure to compare the costs to medical quotes of similar policies.

Bookmark or visit Illinois Life and Health.com for more information pertaining to HumanaOne and other medical coverage in Illinois. The site maintains the latest news, resources and free Illinois medical quotes, online.

Illinois Health Insurance Policies Have Insufficient Governance

Sunday, December 27th, 2009

The state of Illinois imposes very lenient guidelines for insurance carriers. This nearsighted approach attributes to the substantial discrepancy among health plans, medical coverage and rates. Due to a lack of legislation, Illinois health insurance plans vary from insurance provider to provider.

Statistics, published by The Centers for Disease Control and Prevention (CDC), depict that uninsured Midwesterners have the highest medical deferment rate due to cost. Individuals requiring Illinois health insurance, may use the consequential information to find adequate coverage.

Are there any specific underwriting guidelines for Illinois health insurance coverage? Insurance carriers, offering medical coverage in Illinois are not required to adhere to any specific guidelines. As a result, health plan terms and rates are not standardized. Each year, providers raise the premiums, co-payments, co-insurance and other policies.

Does the state of Illinois mandate any specific insurance caps? There are not any insurance caps in the Illinois’ individual market. It is one of the contentious factors to the ever-inflating cost of medical coverage; whereby, consumers need the professional support of a licensed agent to advise suitable medical coverage.

At Illinois Life and Health.com, president Michael Novelli suggests a three-tier methodology to obtain affordable Illinois health insurance:

Detail a comprehensive overview of medical history. Frequently, consumers who are in the market for Illinois health insurance are rejected because they neglect to divulge that previous medical conditions were resolved. In situations, where the insurance provider underwrites a policy, the premiums and terms tend to be disproportionate to the overall health care coverage.

Compare as many medical quotes as possible. Through the analysis of different insurance quotes, consumers are able to compare costs, determining which coverage offers the most care. For family health plan, be sure to compare the cost of medical coverage for the family to an individual policy.

For more resources about Illinois medical insurance or to obtain an Illinois health insurance quote, visit Illinois Life & Health.com. Call 1-866-522-5953

Affordable Health Insurance for College Students

Thursday, November 19th, 2009

At most university and colleges, students are required to enroll in health insurance coverage. In an effort to meet and prosper form the new-fangled niche, various colleges throughout the nation are enrolling students in their own affordable student health insurance plans. However, many of these programs prove to be more expensive than the average Illinois individual health insurance plans.

With the rate of unemployment growing and nil family benefits, Illinois college students are fending for their own affordable student health insurance. As older students return to school to earn a degree, the demand for college health plan is emerging.

The problem is that many of these policies are no different than Illinois individual health insurance plans. Pharmaceutical benefits are the underlying disparity. The insurance provider guidelines for prescribed medications tend to be more stringent.

Nevertheless, restricted prescriptions are more appropriate for college students, who are young and healthy. It’s one of the reasons that college health insurance plans have lower premiums. However, these medication limitations should not be a deterrent for the older student in need of coverage.

College students should beware that some universities are adding a 30 percent surcharge to cover the cost of maintenance. Another drawback is that students who are covered under the college insurance plan are required to seek medical care from the university’s student health facility. Students, who are considering the college endorsed plan, might research the terms of patient privacy.

Meanwhile, the same Illinois individual health insurance for the same aged person is analogous in price, without all the outpatient and prescription restrictions. Reports across the nation show that these college sponsored, “affordable student health insurance plans” contribute nearly 60 cents for every dollar premium of the actual health benefits, services and products.

The terms of service are the primary disparity between regular Illinois individual health plans and the college sponsored plans. Although traditional individual policies must extend “minimum credible coverage,” college backed plans do not have to adhere to the same guidelines. In synopsis, college sponsored plans do not afford the same value of benefits that standard individual plans are required to meet.

The lesson on obtaining the best value for affordable student health insurance quote is to calculate and analyze the following costs: doctors’ visits, hospitalization and premiums prescription drugs, of the standard Illinois individual health insurance plans and the college sponsored plan.

For an affordable college health insurance plan, stop by IllinoisLifeandHealth.com for a quick quote.