Holden Agency Insurance Blog http://www.holdenagency.com/blog en Winter Tire Tips http://www.holdenagency.com/blog/winter-tire-tips <p>Do You Need Winter Tires?</p> <p>You know it&rsquo;s coming. Snow and slush.&nbsp; Freezing rain.&nbsp; Maybe even black ice.</p> <p>But do you know if your tires are ready for all of that?</p> <p>When driving in Maine in the wintertime, your tires just might be the most important safety feature on your car. The right ones can get you to your destination safely. The wrong ones? Well, just look over in the ditch during the next storm.</p> <p>So how do you figure out what&rsquo;s best for your vehicle? Here are five things to know about winter tires:</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/winter-tire-tips" dc:identifier="http://www.holdenagency.com/blog/winter-tire-tips" dc:title="Winter Tire Tips" trackback:ping="http://www.holdenagency.com/trackback/594" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/winter-tire-tips" target="_blank">read more</a></p> Holden Agency Home Page Black Ice Driving Freezing Rain Insurance Maine Auto Insurance. Safety Snow Winter Winter Storms Personal Insurance Wed, 03 Dec 2014 14:59:28 +0000 Sharon Little 594 at http://www.holdenagency.com Section 125 Plan Election Changes and Health Plan Identifier (HPID) Delay http://www.holdenagency.com/blog/section-125-plan-election-changes-and-health-plan-identifier-hpid-delay <p>Today&rsquo;s update provides information about a two recent notices:</p> <p>First, the IRS has expanded permitted election rules for health coverage under a Section 125 cafeteria plan.&nbsp; The notice describes two (2) specific situations&nbsp; in which a cafeteria plan participant may wish to revoke health coverage in order to purchase health coverage through the Health Insurance Marketplace (Exchange).&nbsp; It is our understanding that it is optional for employers to adopt these new election rules, not required.&nbsp; Here are the 2 additional situations:</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/section-125-plan-election-changes-and-health-plan-identifier-hpid-delay" dc:identifier="http://www.holdenagency.com/blog/section-125-plan-election-changes-and-health-plan-identifier-hpid-delay" dc:title="Section 125 Plan Election Changes and Health Plan Identifier (HPID) Delay" trackback:ping="http://www.holdenagency.com/trackback/593" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/section-125-plan-election-changes-and-health-plan-identifier-hpid-delay" target="_blank">read more</a></p> Employee Benefits Home Page Today’s update provides information about a two recent notices: Employee Benefits Wed, 05 Nov 2014 13:37:04 +0000 rlapointe 593 at http://www.holdenagency.com Revised Comparative Effectiveness (PCORI) Fee http://www.holdenagency.com/blog/revised-comparative-effectiveness-pcori-fee <p>Today&rsquo;s update provides you with information about the revised PCORI/Comparative Effectiveness Research Fee.&nbsp; For plans and/or policy years ending on or after October 1, 2014 and before October 1, 2015 the annual fee is $2.08 multiplied by the average number of covered lives.&nbsp; Please see the <a href="/sites/default/files/blog-content/u8/Comparative%20Effectiveness%20Fee%20-%20September%202014.pdf">attached document </a>for 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/revised-comparative-effectiveness-pcori-fee" dc:identifier="http://www.holdenagency.com/blog/revised-comparative-effectiveness-pcori-fee" dc:title="Revised Comparative Effectiveness (PCORI) Fee" trackback:ping="http://www.holdenagency.com/trackback/592" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/revised-comparative-effectiveness-pcori-fee" target="_blank">read more</a></p> Employee Benefits Home Page Revised Comparative Effectiveness (PCORI) Fee Employee Benefits Fri, 03 Oct 2014 17:37:50 +0000 rlapointe 592 at http://www.holdenagency.com Annual CHIPRA Notice http://www.holdenagency.com/blog/annual-chipra-notice <p>Today&rsquo;s update provides a reminder about the CHIPRA program.</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/annual-chipra-notice" dc:identifier="http://www.holdenagency.com/blog/annual-chipra-notice" dc:title="Annual CHIPRA Notice" trackback:ping="http://www.holdenagency.com/trackback/591" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/annual-chipra-notice" target="_blank">read more</a></p> Employee Benefits Home Page Annual CHIPRA Notice Employee Benefits Tue, 23 Sep 2014 18:00:13 +0000 rlapointe 591 at http://www.holdenagency.com Medicare Part D Notice of Creditable Coverage - Annual Requirement http://www.holdenagency.com/blog/medicare-part-d-notice-creditable-coverage-annual-requirement-0 <p>Today&rsquo;s update will focus 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/medicare-part-d-notice-creditable-coverage-annual-requirement-0" dc:identifier="http://www.holdenagency.com/blog/medicare-part-d-notice-creditable-coverage-annual-requirement-0" dc:title="Medicare Part D Notice of Creditable Coverage - Annual Requirement" trackback:ping="http://www.holdenagency.com/trackback/590" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/medicare-part-d-notice-creditable-coverage-annual-requirement-0" target="_blank">read more</a></p> Employee Benefits Home Page Medicare Part D Notice of Creditable Coverage - Annual Requirement Employee Benefits Fri, 12 Sep 2014 13:20:45 +0000 rlapointe 590 at http://www.holdenagency.com Shared Responsibility Reporting Requirements - Sections 6055 and 6056 http://www.holdenagency.com/blog/shared-responsibility-reporting-requirements-sections-6055-and-6056 <p>Today&rsquo;s update provides you with an overview of the Shared Responsibility Employer Reporting Requirements that will apply to Large Employers.&nbsp; In early 2016 Large Employers will be responsible for reporting data from the 2015 calendar year.&nbsp; These reporting requirements are also referred to as 1094 and 1095 Reporting &ndash; these are the names of the forms to be used.&nbsp; There are 2 reporting requirements:</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/shared-responsibility-reporting-requirements-sections-6055-and-6056" dc:identifier="http://www.holdenagency.com/blog/shared-responsibility-reporting-requirements-sections-6055-and-6056" dc:title="Shared Responsibility Reporting Requirements - Sections 6055 and 6056" trackback:ping="http://www.holdenagency.com/trackback/589" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/shared-responsibility-reporting-requirements-sections-6055-and-6056" target="_blank">read more</a></p> Employee Benefits Home Page Shared Responsibility Reporting Requirements - Sections 6055 and 6056 Employee Benefits Fri, 01 Aug 2014 12:46:30 +0000 rlapointe 589 at http://www.holdenagency.com Revised Employee Notices for Health Insurance Marketplace (Exchanges) http://www.holdenagency.com/blog/revised-employee-notices-health-insurance-marketplace-exchanges <p>Today&rsquo;s update provides you with a reminder to provide the Health Insurance Marketplace Notice to Employees upon hire.&nbsp; Revised notices were released in May 2014 with only minor changes. Model COBRA notices were also revised in relation to the Health Insurance Marketplace. The attached document provides an overview of the requirement as well as the revised Health Insurance Marketplace employee notices.&nbsp; A link in the overview will direct you to the revised COBRA notices.</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-employee-notices-health-insurance-marketplace-exchanges" dc:identifier="http://www.holdenagency.com/blog/revised-employee-notices-health-insurance-marketplace-exchanges" dc:title="Revised Employee Notices for Health Insurance Marketplace (Exchanges)" trackback:ping="http://www.holdenagency.com/trackback/588" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/revised-employee-notices-health-insurance-marketplace-exchanges" target="_blank">read more</a></p> Employee Benefits Home Page Revised Employee Notices for Health Insurance Marketplace (Exchanges) Employee Benefits Wed, 30 Jul 2014 16:48:18 +0000 rlapointe 588 at http://www.holdenagency.com Transitional Reinsurance Fee http://www.holdenagency.com/blog/transitional-reinsurance-fee <p>Today&rsquo;s update provides an overview of the Transitional Reinsurance program and assessment required by the Affordable Care Act (ACA). &nbsp;The Transitional Reinsurance program will fund reinsurance payments to health insurers operating in the individual market with the goal of stabilizing health insurance premiums.&nbsp;</p> <p>Final regulations were released in March 2014.&nbsp; The final regulations announced the fee for 2015 and made some changes from the proposed regulations.</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/transitional-reinsurance-fee" dc:identifier="http://www.holdenagency.com/blog/transitional-reinsurance-fee" dc:title="Transitional Reinsurance Fee" trackback:ping="http://www.holdenagency.com/trackback/587" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/transitional-reinsurance-fee" target="_blank">read more</a></p> Employee Benefits Home Page Transitional Reinsurance Fee Employee Benefits Thu, 24 Jul 2014 17:41:29 +0000 rlapointe 587 at http://www.holdenagency.com Out of Pocket Maximums and High Deductible Health Plan (HDHP) Amounts for 2015 http://www.holdenagency.com/blog/out-pocket-maximums-and-high-deductible-health-plan-hdhp-amounts-2015 <p>Today&rsquo;s update provides the Out of Pocket Maximum amounts per the Affordable Care and Act and High Deductible Health Plan (HDHP) amounts for 2015.&nbsp; Please see the attached <a href="/sites/default/files/blog-content/u8/HDHP%20and%20OOP%20Amounts%20for%202012-%202015.pdf">document</a>.</p> <p>Please contact your account manager if you have any questions.</p> <p>&nbsp;</p> <p><strong><em>Ellen</em></strong></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/out-pocket-maximums-and-high-deductible-health-plan-hdhp-amounts-2015" dc:identifier="http://www.holdenagency.com/blog/out-pocket-maximums-and-high-deductible-health-plan-hdhp-amounts-2015" dc:title="Out of Pocket Maximums and High Deductible Health Plan (HDHP) Amounts for 2015" trackback:ping="http://www.holdenagency.com/trackback/586" /> </rdf:RDF> --> Employee Benefits Home Page Out of Pocket Maximums and High Deductible Health Plan (HDHP) Amounts for 2015 Employee Benefits Wed, 09 Jul 2014 20:01:39 +0000 rlapointe 586 at http://www.holdenagency.com Every Day Is A Good Day To Bring An Umbrella Along http://www.holdenagency.com/blog/every-day-good-day-bring-umbrella-along <p>When would you want&nbsp;an umbrella?&nbsp;&nbsp; I&#39;m talking about an Umbrella Liability insurance policy.</p> <p>Over 80%&nbsp;of&nbsp;payments on umbrella claims are related to auto accidents, and&nbsp;many of those claims involved a pedestrian, motorcycle or bicycle.&nbsp; A large&nbsp;liability claim can easily end with&nbsp;claim settlement payout of 1 million dollars.&nbsp; That is&nbsp;much higher than any auto policy limits, so consider how your lifestyle might change if you had to pay that settlement out of your pocket.&nbsp;&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/every-day-good-day-bring-umbrella-along" dc:identifier="http://www.holdenagency.com/blog/every-day-good-day-bring-umbrella-along" dc:title="Every Day Is A Good Day To Bring An Umbrella Along" trackback:ping="http://www.holdenagency.com/trackback/585" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/every-day-good-day-bring-umbrella-along" target="_blank">read more</a></p> Holden Agency Home Page Claims Lawsuit. Liability Insurance Maine Insurance Tenants Insurance Umbrella Insurance Personal Insurance Tue, 01 Jul 2014 13:41:54 +0000 Sharon Little 585 at http://www.holdenagency.com