Illinois

Posted November 25th, 2020 in Producers

The Flex General Agency is excited to welcome Bright Health into our individual product portfoli

Posted December 11th, 2018 in Producers, Individuals

Illinois state legislators passed a law last month which makes several changes to short-term medical (STM) plans. The most significant change limits the maximum duration of coverage to periods that are less than 181 days (i.e. 180 days). This change applies as of November 27, 2018, which is the date the law was enacted. The immediate effective date did not provide a window of time for insurance carriers to adjust their STM plans to the shorter durations of coverage.

Posted August 15th, 2017 in Producers, Employers
Several states have continuation coverage laws in place, and Illinois is no different. In fact, the state of Illinois has three different continuation coverage laws: Illinois Continuation, Illinois Spousal Continuation, and Dependent Continuation. Each law applies to fully-insured group health plans and HMOs that are issued in the state of Illinois. The length of continuation coverage and the persons eligible for coverage vary depending on which law is in play. 
 
Posted August 3rd, 2017 in Producers, Employers, Individuals
Effective as of July 1, 2017, the State of Illinois has increased the individual income tax rate to 4.95 percent from 3.75 percent. Also, the corporate rate has increased to 7 percent from 5.25 percent. These increases were included as part of the state’s new budget. Illinois had previously gone 736 days without a budget.
 
Posted August 10th, 2016 in Producers

Flex will be hosting our annual Ethics seminar on Tuesday, August 30, 2016. Be sure to attend the event if your Illinois producer license is expiring soon! Here are some highlights on the background of this year's Ethics Seminar instructor, Andy Knott:

Posted March 4th, 2016 in Producers

If you have an Illinois producer license, please be aware of the following changes that will apply when renewing your license.

The Illinois Department of Insurance (DOI) recently announced they will no longer mail renewal notices or licenses to producers.

Posted April 2nd, 2015 in Producers, Employers
The Illinois Department of Insurance (IDOI) issued a bulletin on March 20, 2015 as it relates to the renewal of certain health plans in 2016. In particular, the bulletin indicates that certain health plans may continue to be renewed for plan years on or before October 1, 2016 without being considered out of compliance with Affordable Care Act (ACA) regulations.  
 
The bulletin impacts the following plan types: 
 
Posted June 13th, 2014 in Producers, Employers, Individuals

On June 1, 2014, same-sex marriage became legal in the state of Illinois. As a result, we wanted to revisit marriage as a qualifying event for health insurance coverage and discuss how account-based health plans are impacted.

Posted January 24th, 2014 in Employers, Individuals

Winter in Chicago. As the joke goes the only other season should be construction. Now that the worst of the polar vortex has passed (or we’ve grown accustomed to it) people are more expressive and passionate about two things this week: food and health care reform.

Posted August 2nd, 2013 in Producers, Employers, Individuals

On Monday, July 22nd, 2013, Governor Pat Quinn signed legislation that will expand the Medicaid program for residents of Illinois starting in 2014. Illinois is now the 23rd state that has decided to move forward with the expansion of its Medicaid program.

The Affordable Care Act (ACA) provides federal funds for states opting to expand its Medicaid program. Federal funds will pay for all of the costs to cover newly eligible people from 2014 to 2016. The federal funds will then start to gradually drop from 2017 until 2020 where it will level off at a 90% payment rate from that year and moving forward. 

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