Holden Agency Insurance Blog http://www.holdenagency.com/blog en 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 2014 Tax Return, Individual Mandate and Questions from Employees http://www.holdenagency.com/blog/2014-tax-return-individual-mandate-and-questions-employees <p>Today&rsquo;s update provides you with information some employees may be asking about when completing their tax returns this year and whether they need to provide information to meet the requirements of the Individual Mandate required by the Affordable Care Act (ACA).</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/2014-tax-return-individual-mandate-and-questions-employees" dc:identifier="http://www.holdenagency.com/blog/2014-tax-return-individual-mandate-and-questions-employees" dc:title="2014 Tax Return, Individual Mandate and Questions from Employees" trackback:ping="http://www.holdenagency.com/trackback/595" /> </rdf:RDF> --> <p><a href="http://www.holdenagency.com/blog/2014-tax-return-individual-mandate-and-questions-employees" target="_blank">read more</a></p> Employee Benefits Home Page 2014 Tax Return Individual Mandate and Questions from Employees Employee Benefits Tue, 20 Jan 2015 13:42:26 +0000 rlapointe 595 at http://www.holdenagency.com 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