August 12, 2010
The Federal Trade Commission and State Insurance Commissioners Pursue Sellers of Fake Insurance Plans. In this environment of health care reform, rising costs and shrinking budgets, it is easy to be lured by the promise of an extremely affordable health plan. Unfortunately, many of these plans are fake, and the only party benefiting is [...]
Tagged with: discount medical plans • Healthcare reform • insurance commissioner • scam
July 30, 2010
The rate renewal previously announced for Regence Blue Shield individual plans has been delayed to October 1, 2010 and is still pending review by the Office of the Insurance Commissioner. We will notify you when more information becomes available
Tagged with: Individual Plans • Rate Adjustments • Regence Blue Shield
July 26, 2010
The Unemployment Compensation Extension Act of 2010 signed by the President on July 22, 2010, did not extend the COBRA premium reduction. Read more at http://www.dol.gov/ebsa/cobra.html
Tagged with: ARRA • COBRA • Unemployment
July 22, 2010
Another week and another set of regulations has been released by the Administration to aid the implementation of health care reform. This set addresses the law’s requirement that health plans and health insurers provide coverage for certain preventive services without imposing any cost-sharing requirements (e.g., copayment, coinsurance, deductibles). The new regulations are effective are effective [...]
Tagged with: Healthcare reform • HHS • preventive care • regulations
June 21, 2010
When policymakers were crafting the comprehensive health care reform legislation enacted as the Patient Protection and Affordable Care Act (PPACA, H.R. 3590) and the Health Care and Education Affordability Reconciliation Act of 2010 (H.R. 4872), an oft‐repeated promise was “If you like your current coverage, you can keep it.” To fulfill that promise, the reform [...]
Tagged with: grandfather plan • grandfathering • Healthcare reform • PPACA
June 21, 2010
Summary and impact of PPACA Insurance Market Provisions – as compiled by AHIP. Health Care Reform Bill Insurance Market Provisions Timeline
Tagged with: Healthcare reform • PPACA • timeline
April 19, 2010
On April 15, 2010, the President signed H.R. 4851 which extends the subsidy eligibility date from the current March 31, 2010 (per the Temporary Extension Act of 2010) to May 31, 2010. Employees who are involuntarily terminated between September 1, 2008 and May 31, 2010 may be eligible for reduced rates (that are 65% subsidized [...]
April 16, 2010
Healthcare Reform…what does it mean for you? On March 23, 2010, President Obama signed into law the Patient Protection and Affordable Care Act (PPACA) which revised by the House Reconciliation Bill that was signed into effect on March 30, 2010. With this new law, the employer based system of providing healthcare to employees is maintained. [...]
Tagged with: Healthcare reform • lunch and learn • medicare
March 15, 2010
Olympic Crest Insurance offices will be closed from noon, Thursday March 25 through Friday March 26 with no access to phone or email in order to move to our new location. The office will reopen Monday, March 29, 2010 at 8:00 a.m. in our new location: 11505 Burnham Drive NW, Suite 101 Gig Harbor, WA [...]
August 17, 2009
National Healthcare . . . What Would This Mean for You? National Healthcare is the big topic these days. Regardless of what end of the political spectrum you are on, there are disagreements on what should be done regarding healthcare. Everyone agrees that the system is not perfect and there are a large number of [...]
Tagged with: National Healthcare • newsletter • stress
“Olympic Crest Insurance is a gem in the competitive insurance brokerage business.”by Julie K., Director of Finance
