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What Our Customers are Saying about Our Life and Disability Department


"I have been working with Mike Edwards for the past four years. As a CPA and business advisor, it is my responsibility to assist physicians in managing their practices. I only refer my clients to advisors that are experienced and top quality in their field, such as Mike. I feel Mike is an individual of high integrity and would trust my own finances to him." - Tina Hogeman, Hogeman & Company, P.C.
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In This Issue-November 2011
Tips to Keep the Holidays Safe and "Claim Free"
Do You Have Medicare Prescription Drug Coverage? Annual Enrollment Dates Have Changed
Popularity of High Deductible Health Plans Increase
Are You In Charge of Purchasing and Interested in Reducing the Cost?
Should "Living Too Long" Be a Risk That You Plan For?

Tips to Keep the Holidays Safe and "Claim Free"

As you prepare for your guests and celebrations, keep these tips in mind.

  • Clean out your gutters so melting snow and ice can flow away from your home or office. If ice "dams" in your gutter, thawing ice could seep into your house or business and cause damage.
  • Tree trimming cuts down on claims from breakage, which could damage your home, your business, or injure people on your property. Our late October storm may have caused more damage than you originally thought to your outdoor areas.
  • Make necessary outdoor repairs. Fix that broken step and secure any handrails.
  • Keep pipes from freezing and causing damage by keeping the inside of your practice or home warm (at least 65 degrees). Check pipes for cracks and leaks and consider wrapping exposed pipes with heating tape.
  • Residential fires increase in the winter, so make sure your fire and smoke alarms are in working order.
  • If getting a tree right after Thanksgiving is part of your tradition, take note: Christmas trees can be fire hazards. Look for fresh, green trees, and don't let it dry out. Place it away from heat sources such as fireplaces, heat registers, and candles. Using an artificial tree? Make sure it has a label from the Underwriters Laboratory.
  • Turn off holiday lights before leaving or going to bed. Don't plug more than three cords into a single extension cord.
  • Keep extension cords against the wall so people don't trip over them.
  • Be aware of where you place holiday ornaments--small ornaments can be a choking hazard and breakable ornaments could cause injury.

Questions about protecting your home or business? Contact Kristin Stepien at 720-858-6297.

Do You Have Medicare Prescription Drug Coverage?

Annual enrollment dates have changed!

If you need to make changes to your Medicare Part D or Medicare Advantage coverage for 2012, take note: the enrollment period began Oct. 15 and ends Dec. 7. That's nearly a month earlier than the previous deadline of Dec. 31.


Those who miss the Dec. 7 deadline will not be able to make any changes for 2012--meaning you may wake up on Jan. 1, 2012 with a drug benefit that no longer covers all of your medications or that you simply can't afford.


The good news is that the Medicare Advantage premium is reduced by four percent, and prescription drug premiums won't increase.

Visit for more information.

Popularity of High Deductible Health Plans Increase

If you're considering offering a high-deductible health plan (HDHP) to your employees in 2012, you're not alone. Employers anxious to meet the minimum requirements set forth by health care reform and make coverage affordable can do just that by offering an HDHP to their employees.


According to Towers Watson, a global professional services firm, 66 percent of employers plan to offer an HDHP next year, up from 53 percent in 2011.


HDHPs are typically a more affordable option for employers to offer their employees. Premiums are lower for employers and employees.


The average HDHP meets the new mandates for coverage in terms of the total coverage offered to employees. Currently, the mandate requires plans to cover the equivalent of 60 percent of the employee's health care costs with the employer responsible for the rest. HDHP plans on average cover 72 percent of the employee's health care costs.


They also meet the requirement that the plans must be affordable.


Contact Andrea Levine for all of your health insurance needs at 720-858-6287.

Are You In Charge of Purchasing and Interested in Reducing the Cost?

Here's how it works. Contact Taylor Schierburg to receive a free, no obligation assessment of the products you currently purchase. She'll do an "apples to apples" comparison of the price you pay and the price available through the CO-Power program. Many practices that Taylor has worked with saved 12-15 percent!


This assessment will include nearly everything you purchase--from office supplies to collection services to medical supplies and services. See a full list of product offerings.


Savings realized are direct to your practice. COPIC does not receive any commissions based on this program. It's just another way we try to help the health care community.


Contact Taylor at 720-858-6179.


Should "Living Too Long" Be a Risk That You Plan For?

When it comes to financial planning and insurance, we plan for the "what ifs." What if... you get in a car accident? What if... your house catches fire?


But many of us don't consider this: What if... there's too much life left at the end of the money?


It may sound like the lyrics to a country-western song, but it's reality. The national life expectancy is age 79. Once you reach age 65, there's a good chance you're going to live well into your 90s.

The problem of living too long is two-fold.

  1. You could outlive your assets.
  2. The chances of becoming disabled or unable to care for yourself greatly increase.

While you can't predict the future, you should consider working with an advisor who can help you properly plan for such risks.

Mike Edwards can help. Contact Mike at 720-858-6289.


Securities offered through Woodbury Financial Services, Inc., member FINRA, SIPC. COPIC Financial and Woodbury Financial Services, Inc. are not affiliated entities.

Even if you're not currently in the market for insurance products, we're always available to help make sure you're getting the best coverages at the best prices. Call us at 720-858-6280!

Wendy Heckman
President, COPIC Financial Service Group
COPIC Better Medicine, Better Lives
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Copyright 2011 by the COPIC Trust. All rights reserved. No part of this publication can be produced or transmitted in any form or by any means without written permission from the publisher.

  COPIC Financial Service Group, Ltd. is an insurance brokerage firm representing a variety of insurance carriers. Products offered by COPIC Financial are not issued by COPIC Insurance Company.