May 28, 2009
The Stimulus Package…Changes Regarding COBRA Continuation Do you have questions about the Stimulus Package? We are available to help! The Stimulus package, which was enacted as the American Recovery and Reinvestment Act of 2009 (ARRA) temporarily reduces the premium for COBRA coverage for eligible individuals. Who is eligible under this program? An “assistance eligible individual” [...]
Tagged with: COBRA • Economic stimulus • healthy living • newsletter • spring cleaning
February 27, 2009
The American Recovery and Reinvestment Act of 2009 (ARRA) provides for premium reductions and additional election opportunities for health benefits under the Consolidated Omnibus Budget Reconciliation Act of 1985, commonly called COBRA. Eligible individuals pay only 35% of their COBRA premiums and the remaining 65% is reimbursed to the coverage provider through a tax credit. [...]
Tagged with: ARRA • COBRA • Economic stimulus • subsidy
January 21, 2009
COBRA vs. Individual Medical Insurance Are your COBRA premiums taking a bite out of your monthly month budget? If you have recently been laid off, you may have experienced “sticker shock” when you received your COBRA notice and found how much it was going to cost to continue your employer sponsored medical insurance. In many [...]
Tagged with: newsletter
November 17, 2008
NBC Nightly News (11/14, story 7, 2:00, Williams) reported, “Even if your financial situation is stable at home, the bad news, the uncertain atmosphere, can affect all of our health and well-being.” NBC (Bazell) added: “Hard work is not dangerous stress, experts say. Loss of work, or the fear of it, so pervasive these days, [...]
October 28, 2008
The deadline for Medicare Part D notices is fast approaching. As a reminder, there are five times that a notice of creditable coverage must be made to Part D eligible employees: Prior to the Medicare Part D Annual Coordinated Election Period beginning November 15th each year; Prior to an individual’s Initial Enrollment Period for Part [...]
Tagged with: creditable coverage • medicare • notice
August 20, 2008
Meet Your Support Staff Many of you already know Cindy Larsen. She has been with Olympic Crest Insurance for just over a year now. She is a licensed agent with a wealth of knowledge. She will be focusing on sales and renewals for individuals & groups with fewer than 10 employees. In addition she will [...]
Tagged with: newsletter
August 20, 2008
The new Medicare premiums and deductibles have been announced for 2009. Read more about these changes.
Tagged with: medicare
August 20, 2008
The IRS released the 2008 inflation adjustments for health savings accounts (HSAs) and their accompanying high deductible health plans (HDHPs). To read the full bulleting click here.
Tagged with: health savings accounts
August 20, 2008
The Washington Drug Card program is now available to all Washington residents. The program, which is free to all Washingtonians and provides savings of up to 75 percent on prescription drugs, can now be accessed by visiting any Safeway pharmacy location in Washington. Safeway has been named the preferred pharmacy for the statewide program, while [...]
Tagged with: prescriptions
“Olympic Crest Insurance is a gem in the competitive insurance brokerage business.”by Julie K., Director of Finance
