Ameet Sachdev

Abbott Laboratories campus in Abbott Park, in Lake County, is seen on July 29, 2015.

Abbott has more reason to walk away from Alere deal

June 10, 2018 at 3:06 p.m.

There's more evidence that Abbott Laboratories' pursuit of Alere, a health care diagnostics company, may have been a bad idea. Alere faces a federal criminal investigation over its Medicare and...

Insurer Cigna plans to enter the Obamacare marketplace in the Chicago area for the first time, bringing new competition as other insurers exit or go out of business.

Big news for Chicago-area Obamacare insurance exchange: Cigna seeks to join

June 10, 2018 at 4:10 p.m.

One of the nation's largest health insurance companies plans to enter the Obamacare marketplace in the Chicago area for the first time, bringing new competition as other insurers exit or...

Illinois joins federal suit to block Humana-Aetna merger

June 10, 2018 at 2:59 p.m.

Illinois joined a federal lawsuit seeking to block Humana and Aetna health insurance companies from merging, alleging the combination would harm seniors. The attorney general's office said Thursday the proposed...

Abbott Laboratories' campus is seen July 29, 2015, in north suburban Abbott Park.

Abbott CEO remains noncommittal on Alere deal

June 12, 2018 at 2:30 a.m.

Abbott Laboratories' CEO remained guarded in his comments Wednesday about the company's proposed $5.8 billion acquisition of Alere, a health care diagnostics company, doing little to clear the uncertainty over...

Land of Lincoln Health individual policyholders will have a special enrollment period beginning Aug. 2 that will let them purchase new health insurance, according to the Illinois Department of Insurance.

Land of Lincoln coverage will end Oct. 1 for individual enrollees

June 10, 2018 at 12:24 p.m.

Land of Lincoln Health's insurance coverage for its individual enrollees will end Oct. 1, according to the Illinois Department of Insurance. The agency posted the news on Land of Lincoln's...

Michael Englehart President and CEO of Presence Health, a Catholic health system, is working to turn the troubled company around.

Catholic health system makes progress in turnaround plan

June 10, 2018 at 3:42 p.m.

Presence Health's shaky financial condition has taken a slight turn for the better after the Catholic health system reduced its workforce by more than 650 full-time jobs and increased prices...

Bill Kottmann, president and CEO of Edward Hospital in Naperville, said the current mix of private insurance and government insurance programs is "mind-boggling" for hospitals to figure out.

Hospital CEO says health care system broken, favors Medicare for all

June 12, 2018 at 2:09 a.m.

U.S. Sen. Bernie Sanders' call for a single-payer "Medicare for all" health system during his presidential campaign didn't have a lot fans, even among fellow Democrats. But Bill Kottmann, president...

Coverage for troubled Illinois Obamacare plan may end Sept. 30

June 10, 2018 at 5:00 p.m.

Land of Lincoln Health policyholders may be able to start shopping for new health insurance as soon as Aug. 1, according to the head of the Illinois Department of Insurance....

Land of Lincoln policyholder Cheryl Mostowski, seen in her Algonquin home on Jan. 27, 2016, likely will lose all of the value of money put toward her deductibles and out-of-pocket costs.

Obamacare company shutdown leaves customers in a lurch, facing higher costs

June 10, 2018 at 3:39 p.m.

Ken Sullivan bought health insurance for his family this year from Land of Lincoln Health, a small, nonprofit company in Chicago. The 52-year-old Chicagoan knew the purchase was a risk...

Jason Montrie, president and interim CEO of Land of Lincoln Health, says it's "frustrating that our consumers are being put in harm's way."

Illinois seeks to shut down state Obamacare insurer; 49,000 to lose insurance

June 12, 2018 at 2:41 a.m.

Illinois moved Tuesday to take control of Land of Lincoln Health to begin an orderly shutdown of the insurance company, meaning about 49,000 people will lose their health coverage in...

All Stories