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"137 years later, Memorial Day remains one of
America's most cherished patriotic observances. The spirit of this day
has not changed - it remains a day to honor those who died defending our
freedom and democracy.
" Doc Hastings
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Our Mission:
We believe that nothing is more important than serving the needs of our clients. We like to touch base on a regular basis so that we know what you need and how to help. We send our Client Call to you each month to let you know that your business is important to us. In every issue, we strive to find the most interesting, effective information and web-based tools for our clients.
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PrivacyPolicy |
The ClientCall is distributed to customers of Kenneth Robbins Insurance Services, and others recipients, by request. We do not sell, rent or share our subscribers' information (subscriber name, company and email address). We highly value our customer's privacy as well as their trust in our discretion and services. If you have any questions regarding our policies, please do not hesitate to contact us. |
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We welcome your suggestions as to how we can expand our customer care, so please feel free call or send us a fax or email. If you need supplies or service, we consider that a priority and will endeavor to meet your needs in the most expedient manner. Telephone: 818.884.8554, Fax: 818.884.6696 and Email: robbinsinsurance@attglobal.net
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Good afternoon:
Only three more weeks until the long Memorial Day weekend! We thought we'd start this issue of ClientCall on a happy
note... now let's get to work.
This is Part 2 of our special edition of "What You Need to Know Now" about HR 3590, the Patient Protection and Affordable Care Act. The bill will not be fully implemented until 2016, however, some provisions are or will be in force soon. We urge you to contact us with any questions you have about the PPACA.
We promised we would keep you up
to date about the implementation of the health care reform bill with a special
focus on the aspects that may directly affect you. Below is a list of upcoming
programs; we want to direct your attention to the provision regarding adding
dependents coverage (eligible until age 26) to your employees' coverage.
As you know, we're here to answer
your questions, help you with changes and transitions or just be a sounding
board if you need to vent your frustration (that would be Ken or Julie - great sounding
boards : )
Let's get started:
Early Retiree Reinsurance
Program
Creates
a temporary reinsurance program for employers providing health insurance
coverage to retirees over age 55 who are not eligible for Medicare. This
program would reimburse employers retrospectively 80% of claims between
$15,000-90,000, which will be indexed for inflation. It will end on January 1,
2014 and be financed by a $5 billion appropriation.
Impact: Effective within 90 days
of enactment.
Varying Health Plan Rules
Based on Salary
Requires
all group health plans to comply with the Internal Revenue Section 105(h) rules
that prohibit discrimination in favor of highly compensated individuals.
Impact: Plan years beginning on or after six months after date of
enactment (September 2010) but grandfather applies
Lifetime Benefits Limits
For
fully-insured group and individual health plans, and self-insured group health
plans, prohibits lifetime limits on the dollar value of benefits for any
participant or beneficiary.
Impact: Plan years beginning on or after six
months after dare of enactment (September 2010) but grandfather applies for
group health plans.
(The reconciliation bill would eliminate the grandfathering for
group health plans, including self-insured plans governed by ERISA.)
Annual Benefit Limits
For
fully-insured group and individual health plans, and self-insured group health
plans, annual benefit limits on coverage would be limited to DHHS-defined
non-essential benefits for plan years beginning prior to January 1, 2014.
(Annual limits would be prohibited entirely for subsequent plan years.)
Impact: Plan years beginning on or after six months after date of enactment(September 2010)but grandfather applies for group health plans.
*Increased Dependent Coverage
For fully-insured group and individual
health plans, and self-insured group health plans, increases the age of a
dependent for health plan coverage to age 26.
Impact: Plan
years beginning on or after six months after date of enactment (September 2010)
but grandfather applies for group health plans.
(The reconciliation bill would eliminate the grandfathering
for group health plans, including self-insured plans governed by ERISA.
The reconciliation bill also would eliminate the requirement
in H.R. 3590 that dependents up to age 26 be unmarried and clarify that the
group health insurance income tax exclusion is extended to dependents up to age
26.
For grandfathered group plans until 2014, the coverage to
age 26 provisions would only apply to those dependents that do not have another
source of employer-sponsored health insurance.)
Policy Rescissions
Prohibits
rescissions of health plan coverage in all insurance markets, and self-insured
group health plans, except for cases of fraud or when enrollees make an
intentional misrepresentation of material fact as prohibited by the terms of
the plan or coverage. Coverage may not be cancelled without prior notice to the
enrollee.
Impact: Plan years beginning on or after six
months after date of enactment (September 2010) but grandfather applies.
(The reconciliation bill would eliminate the grandfatheringfor group health plans, including self-insured plansgoverned by ERISA.)
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| Enterpreneur.com | | |
E-mail is Making You Stupid
The research is overwhelming.
Constant e-mail interruptions make you less productive, less
creative and--if you're e-mailing
when you're doing something else--just plain dumb.
By Joe Robinson, Entrepreneur Magazine - March 2010
Within the heart of your company,
saboteurs lurk. Disguised as instruments of productivity, they are subverting your staff's
most precious resource: attention. Incessant e-mail alerts, instant messages, buzzing
BlackBerrys and cell phones are decimating workplace concentration... click here for the full article: Email is Making You Stupid
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Firing up the barbecue or cleaning out closets? Same old long holiday weekend activities? Want to do something a little different with your extra day of leisure? Below are a few links that will provide you with fun ideas for you and your family.
If you'd like to know more about the history of and activities for Memorial Day, a day of tribute to those who died in service to our nation, please check out the Memorial Day link below.
BeachCalifornia
Daytripping Mom: SoCal Family Destination and Event Guide
Memorial Day, originally called Decoration Day, is a day of
remembrance for those who have died in our nation's service...
* Legal disclaimer: Kenneth Robbins Insurance Services and the ClientCall provide information and links to web sites to our readers as a courtesy . We do not endorse, guarantee or substantiate any of the information provided; it is the reader's responsibility to carefully review all information given herein.
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We want to remind everyone to have a safe Memorial Day weekend. Don't drink, text or email behind the wheel ...
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| About Us:
Kenneth Robbins Insurance Services
20501 Ventura Blvd., Suite 384
Woodland Hills, California 91364
Tel: 818.884.8554,
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