Holden Agency Insurance Blog http://www.holdenagency.com/blog en Notice of Medicare Prescription Drug Creditable Coverage Notice Requirements http://www.holdenagency.com/blog/notice-medicare-prescription-drug-creditable-coverage-notice-requirements <p>Today&rsquo;s update focuses on the notice requirements for employees and dependents who are eligible for Medicare Prescription Drug Coverage.</p> <!-- <rdf:RDF xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:trackback="http://madskills.com/public/xml/rss/module/trackback/"> <rdf:Description rdf:about="http://www.holdenagency.com/blog/notice-medicare-prescription-drug-creditable-coverage-notice-requirements" dc:identifier="http://www.holdenagency.com/blog/notice-medicare-prescription-drug-creditable-coverage-notice-requirements" dc:title="Notice of Medicare Prescription Drug Creditable Coverage Notice Requirements" trackback:ping="http://www.holdenagency.com/trackback/611" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/notice-medicare-prescription-drug-creditable-coverage-notice-requirements" target="_blank">read more</a></p> Employee Benefits Home Page Notice of Medicare Prescription Drug Creditable Coverage Notice Requirements Employee Benefits Thu, 03 Sep 2015 12:20:06 +0000 rlapointe 611 at http://www.holdenagency.com Updated Information on 1094-C and 1095-C forms and instructions http://www.holdenagency.com/blog/updated-information-1094-c-and-1095-c-forms-and-instructions <p>Today&rsquo;s update provides information about the recently released draft IRS Instructions for forms 1094-C and 1095-C.&nbsp; The instructions are very similar to the 2014 instructions with few changes.&nbsp; Here are some of the changes:</p> <ol> <li> <p>The draft instructions provide guidance on filing an extension to the timeframes required for sending the forms to both individuals and the IRS.</p> </li> <li> <p>The draft instructions provide guidance on filing corrected forms.</p> </li> </ol> <!-- <rdf:RDF xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:trackback="http://madskills.com/public/xml/rss/module/trackback/"> <rdf:Description rdf:about="http://www.holdenagency.com/blog/updated-information-1094-c-and-1095-c-forms-and-instructions" dc:identifier="http://www.holdenagency.com/blog/updated-information-1094-c-and-1095-c-forms-and-instructions" dc:title="Updated Information on 1094-C and 1095-C forms and instructions" trackback:ping="http://www.holdenagency.com/trackback/610" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/updated-information-1094-c-and-1095-c-forms-and-instructions" target="_blank">read more</a></p> Employee Benefits Home Page Updated Information on 1094-C and 1095-C forms and instructions Employee Benefits Wed, 19 Aug 2015 13:42:54 +0000 rlapointe 610 at http://www.holdenagency.com Forms 1094-C and 1095-C - Draft 2015 forms released http://www.holdenagency.com/blog/forms-1094-c-and-1095-c-draft-2015-forms-released <p>Today&rsquo;s update provides information on recent updates from the IRS about the 1094-C and 1095-C form filings (also referred to as Sections 6055 and 6056).</p> <ul> <li> <p>The IRS released draft forms for 2015.&nbsp; 1094-C remains unchanged thus far. 1095-C has a new field called &ldquo;Plan Start Month&rdquo; which will provide the plan year information.&nbsp; This new field is optional for the 2015 plan year but will be required for 2016.&nbsp; Instructions for the 2015 forms have not yet been released.&nbsp; Final forms will be released later this year.</p> </li> </ul> <!-- <rdf:RDF xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:trackback="http://madskills.com/public/xml/rss/module/trackback/"> <rdf:Description rdf:about="http://www.holdenagency.com/blog/forms-1094-c-and-1095-c-draft-2015-forms-released" dc:identifier="http://www.holdenagency.com/blog/forms-1094-c-and-1095-c-draft-2015-forms-released" dc:title="Forms 1094-C and 1095-C - Draft 2015 forms released" trackback:ping="http://www.holdenagency.com/trackback/605" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/forms-1094-c-and-1095-c-draft-2015-forms-released" target="_blank">read more</a></p> Employee Benefits Home Page Forms 1094-C and 1095-C - Draft 2015 forms released Employee Benefits Fri, 31 Jul 2015 17:46:05 +0000 rlapointe 605 at http://www.holdenagency.com Comparative Effective Research Fee - due July 31 http://www.holdenagency.com/blog/comparative-effective-research-fee-due-july-31 <p>Today&rsquo;s update is a reminder that many employers will need to pay the Comparative Effectiveness Research Fee by July 31, 2015.&nbsp; The fee is also referred to as the Patient Centered Outcomes Research Institute (PCORI) fee.&nbsp; Please note:</p> <ul> <li> <p>Fully Insured Medical Plans.&nbsp; Carriers pay the fee directly to the IRS.&nbsp; The fee is built into your health insurance premiums.</p> </li> <li> <p>Self-funded Medical Plans.&nbsp; Employers are responsible for paying the fee directly.</p> </li> </ul> <!-- <rdf:RDF xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:trackback="http://madskills.com/public/xml/rss/module/trackback/"> <rdf:Description rdf:about="http://www.holdenagency.com/blog/comparative-effective-research-fee-due-july-31" dc:identifier="http://www.holdenagency.com/blog/comparative-effective-research-fee-due-july-31" dc:title="Comparative Effective Research Fee - due July 31" trackback:ping="http://www.holdenagency.com/trackback/603" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/comparative-effective-research-fee-due-july-31" target="_blank">read more</a></p> Employee Benefits Home Page Comparative Effective Research Fee - due July 31 Employee Benefits Fri, 26 Jun 2015 12:41:31 +0000 rlapointe 603 at http://www.holdenagency.com Fire Pit Safety http://www.holdenagency.com/blog/fire-pit-safety <p><strong>Be Careful When You Play With Fire, Even in the Backyard</strong></p> <p>It&rsquo;s a great feeling to hang out with friends and family around a blazing fire in your backyard in Portland, Maine &mdash; unless, of course, that fire blazes a little too much.</p> <p>While a fire pit can be a wonderful addition to your home, all fires are potentially dangerous. So before you sit down with some marshmallows to roast, we here at Holden Agency have gathered up some tips to help you keep that fire in the pit (and away from everything else).</p> <!-- <rdf:RDF xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:trackback="http://madskills.com/public/xml/rss/module/trackback/"> <rdf:Description rdf:about="http://www.holdenagency.com/blog/fire-pit-safety" dc:identifier="http://www.holdenagency.com/blog/fire-pit-safety" dc:title="Fire Pit Safety" trackback:ping="http://www.holdenagency.com/trackback/602" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/fire-pit-safety" target="_blank">read more</a></p> Holden Agency Home Page Home Insurance Insurance Insurance Maine Insurance Portland Maine Personal Insurance Tue, 23 Jun 2015 18:13:18 +0000 Sharon Little 602 at http://www.holdenagency.com Maximum Out of Pocket and High Deductible Health Plan amounts for 2016 http://www.holdenagency.com/blog/maximum-out-pocket-and-high-deductible-health-plan-amounts-2016 <p>Today&rsquo;s update provides the Maximum Out-of-Pocket and High Deductible Health Plan (HDHP) requirements for 2016.&nbsp; Please see the <a href="/sites/default/files/blog-content/u8/HDHP%20and%20OOP%20Amounts%20for%202013-%202016.pdf">attached document </a>for an overview.</p> <p><em>As always, please note that EBS is sharing this information to assist you with your compliance planning.&nbsp; This information is not intended to be legal advice.&nbsp; We recommend that you contact your legal counsel or accountant with specific questions relating to these laws.</em><em> </em></p> <!-- <rdf:RDF xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:trackback="http://madskills.com/public/xml/rss/module/trackback/"> <rdf:Description rdf:about="http://www.holdenagency.com/blog/maximum-out-pocket-and-high-deductible-health-plan-amounts-2016" dc:identifier="http://www.holdenagency.com/blog/maximum-out-pocket-and-high-deductible-health-plan-amounts-2016" dc:title="Maximum Out of Pocket and High Deductible Health Plan amounts for 2016" trackback:ping="http://www.holdenagency.com/trackback/601" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/maximum-out-pocket-and-high-deductible-health-plan-amounts-2016" target="_blank">read more</a></p> Employee Benefits Home Page Maximum Out of Pocket and High Deductible Health Plan amounts for 2016 Employee Benefits Thu, 21 May 2015 17:50:56 +0000 rlapointe 601 at http://www.holdenagency.com Revised Model COBRA Continuation Coverage Election Notice http://www.holdenagency.com/blog/revised-model-cobra-continuation-coverage-election-notice <p>Today&rsquo;s update provides a revised Model COBRA Continuation Coverage Election Notice.&nbsp; The notice has been revised to include more detailed information about coverage through the Health Insurance Marketplace (Exchange) as an alternative to COBRA coverage.&nbsp; The revised notice is attached to this <a href="/sites/default/files/blog-content/u8/Model%20Election%20Notice%20April%202015.pdf">blog </a>and can also be found at the DOL website below.</p> <p><a href="http://www.dol.gov/ebsa/cobra.html">http://www.dol.gov/ebsa/cobra.html</a></p> <!-- <rdf:RDF xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:trackback="http://madskills.com/public/xml/rss/module/trackback/"> <rdf:Description rdf:about="http://www.holdenagency.com/blog/revised-model-cobra-continuation-coverage-election-notice" dc:identifier="http://www.holdenagency.com/blog/revised-model-cobra-continuation-coverage-election-notice" dc:title="Revised Model COBRA Continuation Coverage Election Notice" trackback:ping="http://www.holdenagency.com/trackback/600" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/revised-model-cobra-continuation-coverage-election-notice" target="_blank">read more</a></p> Employee Benefits Home Page Revised Model COBRA Continuation Coverage Election Notice Employee Benefits Mon, 11 May 2015 13:36:03 +0000 rlapointe 600 at http://www.holdenagency.com I’m borrowing my friend’s car … am I covered? http://www.holdenagency.com/blog/i%E2%80%99m-borrowing-my-friend%E2%80%99s-car-%E2%80%A6-am-i-covered <p>Most people have an idea of what&rsquo;s covered and not covered under their various insurance policies. But at the Holden Agency, we get a lot of questions about borrowing or loaning a car.</p> <p>Now that&nbsp;we are&nbsp;starting to think about spring, you might be looking to borrow your neighbor&rsquo;s truck for a home-improvement project or a trip to the local landfill, we thought it was a great time to provide a little more information.</p> <!-- <rdf:RDF xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:trackback="http://madskills.com/public/xml/rss/module/trackback/"> <rdf:Description rdf:about="http://www.holdenagency.com/blog/i%E2%80%99m-borrowing-my-friend%E2%80%99s-car-%E2%80%A6-am-i-covered" dc:identifier="http://www.holdenagency.com/blog/i%E2%80%99m-borrowing-my-friend%E2%80%99s-car-%E2%80%A6-am-i-covered" dc:title="I’m borrowing my friend’s car … am I covered?" trackback:ping="http://www.holdenagency.com/trackback/599" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/i%E2%80%99m-borrowing-my-friend%E2%80%99s-car-%E2%80%A6-am-i-covered" target="_blank">read more</a></p> Holden Agency Home Page Auto Insurance Insurance Maine Auto Insurance Permissive Use Personal Insurance Tue, 03 Mar 2015 14:22:08 +0000 Sharon Little 599 at http://www.holdenagency.com ACA Reporting Requirements - Forms 1094 and 1095 http://www.holdenagency.com/blog/aca-reporting-requirements-forms-1094-and-1095 <p>Today&rsquo;s update provides information about the Affordable Care Act&rsquo;s (ACA) Shared Responsibility Reporting Requirements. The reporting is also referred to as Forms 1094 and 1095 or Sections 6055 and 6056.</p> <p>The draft 2014 forms were released in July 2014 with the final 2014 Forms released on February 4, 2015.&nbsp; We are planning to hold an educational session in the spring to review the forms.&nbsp; While reporting is optional for the 2014 calendar year we encourage employers to use the 2014 forms for planning purposes to get ready for calendar year 2015 reporting.</p> <!-- <rdf:RDF xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:trackback="http://madskills.com/public/xml/rss/module/trackback/"> <rdf:Description rdf:about="http://www.holdenagency.com/blog/aca-reporting-requirements-forms-1094-and-1095" dc:identifier="http://www.holdenagency.com/blog/aca-reporting-requirements-forms-1094-and-1095" dc:title="ACA Reporting Requirements - Forms 1094 and 1095" trackback:ping="http://www.holdenagency.com/trackback/598" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/aca-reporting-requirements-forms-1094-and-1095" target="_blank">read more</a></p> Employee Benefits Home Page ACA Reporting Requirements - Forms 1094 and 1095 Employee Benefits Fri, 27 Feb 2015 14:02:53 +0000 rlapointe 598 at http://www.holdenagency.com To Uber Or Not To Uber http://www.holdenagency.com/blog/uber-or-not-uber <p>We all know what Ubering is right?&nbsp; You have some free time and some extra money would be nice so you sign up with Uber and sit by your cell phone for someone in need of a ride to find you.&nbsp;&nbsp; Vrrrrm, you make the connection and&nbsp;you are off to pick up a stranger in our personal automobile.&nbsp; A little later with $20 in your pocket from your last Uber fare you walk into a fairly nice restaurant downtown and have a little &#39;free&#39; dinner.&nbsp;</p> <!-- <rdf:RDF xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:trackback="http://madskills.com/public/xml/rss/module/trackback/"> <rdf:Description rdf:about="http://www.holdenagency.com/blog/uber-or-not-uber" dc:identifier="http://www.holdenagency.com/blog/uber-or-not-uber" dc:title="To Uber Or Not To Uber" trackback:ping="http://www.holdenagency.com/trackback/597" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/uber-or-not-uber" target="_blank">read more</a></p> Holden Agency Home Page Extra Income Personal Insurance Ride Share Taxi Uber Personal Insurance Thu, 19 Feb 2015 19:22:02 +0000 Sharon Little 597 at http://www.holdenagency.com