Holden Agency Insurance Blog http://www.holdenagency.com/blog en 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 Got Potholes? http://www.holdenagency.com/blog/got-potholes <p>Potholes are everywhere these days.&nbsp; What are you doing to protect your vehicles?</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/got-potholes" dc:identifier="http://www.holdenagency.com/blog/got-potholes" dc:title="Got Potholes? " trackback:ping="http://www.holdenagency.com/trackback/584" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/got-potholes" target="_blank">read more</a></p> Holden Agency Home Page Independent Insurance Agent Maine Automobile Insurance Potholes Trusted Choice Personal Insurance Fri, 20 Jun 2014 15:34:03 +0000 Sharon Little 584 at http://www.holdenagency.com Holden Agency (EBS) Donates $80,000 to Maine Medical Center Research Institute Scholarship Fund http://www.holdenagency.com/blog/holden-agency-ebs-donates-80000-maine-medical-center-research-institute-scholarship-fund <p><img alt="" src="/sites/default/files/blog-content/images/Hilary%20Woodworth.jpg" style="float:right; height:260px; width:175px" /><strong><em>Portland, ME</em></strong>The 2014 beneficiary of the Holden Agency/Employee Benefits Solutions (EBS) Research Scholarship fund is Hilary Woodworths research is with the Center for Tobacco Independence.</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/holden-agency-ebs-donates-80000-maine-medical-center-research-institute-scholarship-fund" dc:identifier="http://www.holdenagency.com/blog/holden-agency-ebs-donates-80000-maine-medical-center-research-institute-scholarship-fund" dc:title="Holden Agency (EBS) Donates $80,000 to Maine Medical Center Research Institute Scholarship Fund " trackback:ping="http://www.holdenagency.com/trackback/583" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/holden-agency-ebs-donates-80000-maine-medical-center-research-institute-scholarship-fund" target="_blank">read more</a></p> Holden Agency Home Page 000 to Maine Medical Center Research Institute Scholarship Fund Holden Agency (EBS) Donates $80 Uncategorized Tue, 17 Jun 2014 15:33:50 +0000 mbenoit 583 at http://www.holdenagency.com Dogs And Umbrella Insurance http://www.holdenagency.com/blog/dogs-and-umbrella-insurance <p>In today&rsquo;s economy, everyone is pinching pennies.&nbsp; So why worry about umbrella coverage?&nbsp; Shouldn&rsquo;t a home and auto policy leave you adequately covered?&nbsp;</p> <p>Unfortunately, we live in a world of lawsuits.&nbsp; Large damages can be awarded, be extremely expensive and have long-term financial impact.&nbsp; Those lawsuits can come from unlikely sources, such as our furry friends.</p> <p>Take Herschel for instance.&nbsp; Herschel is a much-loved, rather timid labradoodle who enjoys taking naps on the driveway while his owner mows the lawn.</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/dogs-and-umbrella-insurance" dc:identifier="http://www.holdenagency.com/blog/dogs-and-umbrella-insurance" dc:title="Dogs And Umbrella Insurance" trackback:ping="http://www.holdenagency.com/trackback/582" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/dogs-and-umbrella-insurance" target="_blank">read more</a></p> Holden Agency Home Page Attorney Fees Claims Dog Bites Dog Owners Dogs Home Insurance Insurance Insurance Protection. Law Suit Liability Insuance Responsibiity Personal Insurance Tue, 17 Jun 2014 14:05:25 +0000 Sharon Little 582 at http://www.holdenagency.com Comparative Effectiveness Fee (PCORI) http://www.holdenagency.com/blog/comparative-effectiveness-fee-pcori <p>Today&rsquo;s update provides you with a reminder that payment and form filing is due by July 31 for the Comparative Effectiveness Fee (also called Patient Centered Outcomes Research Institute fee, PCORI).&nbsp; Form filing and payment is required by employers for:</p> <ul> <li> <p>Self-funded Medical Plans</p> </li> <li> <p>HRA plans that are provided separately from an insured medical plan</p> </li> </ul> <p>If your health insurance plan is fully-insured, the insurance company will be filing any fees associated with fully-insured 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/comparative-effectiveness-fee-pcori" dc:identifier="http://www.holdenagency.com/blog/comparative-effectiveness-fee-pcori" dc:title="Comparative Effectiveness Fee (PCORI)" trackback:ping="http://www.holdenagency.com/trackback/581" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/comparative-effectiveness-fee-pcori" target="_blank">read more</a></p> Employee Benefits Home Page Comparative Effectiveness Fee (PCORI) Employee Benefits Mon, 09 Jun 2014 13:15:40 +0000 mbenoit 581 at http://www.holdenagency.com Revised Shared Responsibility Overview http://www.holdenagency.com/blog/revised-shared-responsibility-overview <p>On April 4, 2014 we posted an overview of the Final Shared Responsibility regulations of the Affordable Care Act.&nbsp; Since that time, we have received greater clarification about transitional relief for employers with 50 to 99 Full-Time Employees (including full-time equivalents) that have non-calendar year health plans.&nbsp; Please see page 5 of the attached <a href="/sites/default/files/blog-content/Shared%20Responsibility%20-Revised%20June%202014.pdf">document </a>for revised 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-shared-responsibility-overview" dc:identifier="http://www.holdenagency.com/blog/revised-shared-responsibility-overview" dc:title="Revised Shared Responsibility Overview" trackback:ping="http://www.holdenagency.com/trackback/580" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/revised-shared-responsibility-overview" target="_blank">read more</a></p> Employee Benefits Home Page Employee Benefits Mon, 09 Jun 2014 13:08:16 +0000 mbenoit 580 at http://www.holdenagency.com