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Thursday, 09 January 2014 03:12

Blue Cross extends payment deadline to Jan. 30

   CHICAGO (AP) - People who signed up recently for health insurance with Blue Cross Blue Shield of Illinois now have until Jan. 30 to pay their first month's premium and still get coverage for all of January.
   Company spokesman Greg Thompson says customers must pay their first month's premium before coverage for medical benefits begins. But claims for services received between Jan. 1 and when the first payment is received will be processed retroactively.
   Blue Cross has the most customers in the state's individual market.
   Thompson says the company is extending the payment deadline to give customers extra time to plan their household budgets.
   The extension applies to people who bought a Blue Cross plan either on the new insurance marketplace or directly from the insurance company.
 
Published in Local News

   CHICAGO (AP) - The Illinois Department of Insurance and the state's major health insurer say they are reviewing changes to the health law announced Thursday by President Barack Obama that address policy cancellations.

   Obama said insurers can continue to sell policies canceled under the Affordable Care Act for at least one more year to existing customers. But insurers aren't required to continue the canceled plans.

   Blue Cross Blue Shield of Illinois officials say the company is "determining next steps" and will reach out to consumers who may have new options as a result of Obama's announcement.

   A spokesman says Illinois Insurance Director Andrew Boron has been in contact with federal authorities and is evaluating options, keeping in mind what's best for the state's consumers.

   At least 4 million Americans have received cancellation notices.

 
Published in Local News

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