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Sue Swanson

(720) 858-6288


Mike Edwards

 Dir. of Financial Services (720) 858-6289


Andrea Levine

 Senior Account Executive

(720) 858-6287


Mitch Laycock

 Account Executive

(720) 858-6297


Save $$$ with CO-POWER


GroupSource Group Purchasing is a leader in cost containment strategies for medical practices. COPIC-insureds are able to take advantage of these GroupSource discounts through an innovative program called CO-POWER.


Click HERE to learn more about how your practice can save money today!


What Our Clients are Saying about our Health and Dental Insurance Expertise


"Andrea has been the best broker I have ever worked with, she has always been available to answer questions, research issues and proactively keep us appraised of the changes in the health care benefits marketplace... She is also well informed of the critical changes in the health care environment that have significant impact on the decisions we must make."
-Medical Practice Director in Lakewood, CO


Have you recently booked that once-in-a-lifetime vacation? Protect it from
the "what if."

COPIC FSG now provides Travel Insurance!

Click HERE to get a quote.

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In This Issue - August 2013
In the News: Affordable Care Act Extension
Department of Labor Issues Insurance Exchange Notices
Protect Your Home & Family from Wildfires
Harnessing the U.S. Energy Boom
Health Care Reform is Right Around the Corner
In the News 
On July 2, 2013, the Affordable Care Act (ACA) requirements were extended until 2015 for large groups with 50 or more employees. Small groups with fewer than 50 employees are NOT impacted by this extension and ACA-related compliance deadlines remain effective 1/1/2014. Be sure you are preparing for ACA regulations appropriately and contact COPIC Financial with any questions.   

Department of Labor (DOL) Issues Insurance Exchange Notices and Sets Compliance Deadline for Employers

Beginning Jan. 1, 2014, individuals and employees of small businesses (50 employees or less) will have access to insurance coverage through health insurance exchanges (also known as marketplaces) under the Affordable Care Act (ACA). In Colorado, the exchange is called Connect for Health Colorado. Open enrollment under the exchanges will begin on Oct. 1, 2013. ACA requires employers to provide all new hires and current employees with a written notice about ACA's exchanges. This requirement is found in Section 18B of the Fair Labor Standards Act (FLSA).


The DOL provides the following model exchange notices:

Employers may use one of these models, as applicable, or a modified version, provided the notice meets the content requirements described in Section 18B of FLSA.


Employers must provide the exchange notice to both new hires and current employees as follows:

  • New Hires - Notice must be provided at the time of hiring beginning Oct. 1, 2013. For 2014, the DOL will consider a notice to be provided at the time of hiring if the notice is provided within 14 days of an employee's start date.
  • Current Employees (employed before Oct. 1, 2013) - employers are required to provide the notice no later than Oct. 1, 2013.

Employers that decide to inform their employees about the exchanges earlier than the Oct. 1, 2013 deadline are permitted to use the model notices and rely on the DOL's temporary guidance.


For more information about this, or other aspects with Health Care Reform, please contact Andrea Levine at (720) 858-6287. We're happy to answer any questions you have. 

Protect Your Home & Family From Wildfires! 

Over 70,000 wildfires occur across the U.S. annually and burn more than five million acres of land, according to the National Interagency Fire Center. Since no home is truly fireproof, it is important for you and your family to take precautions to protect your safety and your most prized possessions before, during and after a wildfire. Consider these tips from the Rocky Mountain Insurance Information Association:


Landscape Smart

Create a zone that will slow down the blaze and potentially direct it around your property. Take the following precautions within 30 feet of your home (50 feet if you live in a heavily wooded area or 100 feet if you reside on a hillside):

  • Plant trees at least 10 feet apart.
  • Remove dead or dying trees and shrubs from your yard.
  • Install and maintain an irrigation system.
  • Clear your roof, gutters and eaves of excess debris.
  • Trim branches so they do not extend over your roof/chimney.
  • Move firewood at least 50 feet away from your home and clear the area 10 feet around them.
  • Do not connect wooden fences directly to your home.

Build or Remodel Smart

In addition to your landscaping, the type of material used in your home will also protect it against damage. Take these recommendations into consideration when building or remodeling:

  • Use only non-combustible roofing materials.
  • Box in eaves, fascias, soffits and subfloors with fire-resistant materials, such as treated wood.
  • Install spark arresters in chimneys.
  • Enclose the undersides of decks with fire-resistant materials.
  • Cover exterior walls with fire-resistant materials, such as stucco, stone or brick.
  • Use double-paned or tempered glass for all exterior windows.

In case of possible evacuation, and only if you have enough warning, consider packing the following items:

  • Social Security cards
  • Driver's licenses  
  • House deed
  • Vehicle titles
  • Marriage license
  • Birth certificates
  • Insurance policies
  • Home inventory list/photos
  • Health insurance cards
  • Prescription medications  
  • Valuable jewelry
  • Photographs/home videos  
  • One week's worth of clothing
  • Pets with ID tags, carriers, and pet food

If you are on pre-evacuation alert take photos or video of personal possession--particularly antiques, artwork or custom/expensive items. Do this only if you have spare time--put safety FIRST!


Click here for an insurance evacuation checklist, further wildfire information, or to download Rocky Mountain Insurance Information Association's free Wildfire & Insurance Guide with homeowner disaster preparedness tips.


Let COPIC Financial help you prepare for the unexpected. Contact Mitch Laycock at (720) 858-6297 with questions.

Harnessing the U.S. Energy Boom

Where can one find an attractive yield with interest rates currently at record lows, but with potential of moving higher in the near future? Dividend paying stocks have been attractive from a yield and total return perspective, but you may not want the risks inherent to the stock market. So what is a viable alternative? Opportunities can be found in the renaissance taking place within domestic energy.


The article, MLPs: Harnessing the U.S. Energy Boom, explores the topic of domestic energy and is written by one of the fund managers for SteelPath, which was recently purchased by Oppenheimer Funds. Steelpath invests directly in a diversified group of Master Limited Partnerships (MLPs) which alleviate some of the traditional downsides to these investments, including illiquidity, investment minimums, and K-1s. Depending on your objective, MLPs can have very attractive dividend yields and offer the potential for significant upside return as the infrastructure and demand for domestic resources continue to expand. This is an option worth looking into if you are looking for an alternative to stocks and bonds, providing a high total return in a non-correlating asset class.


Contact Mike Edwards at (720) 858-6289 to discuss options that are right for you.


*Securities and Investment Advisory Services offered through Woodbury Financial Services, Inc., Member FINRA, SIPC and Registered Investment Adviser. COPIC Financial Service Group and Woodbury Financial Services, Inc. are not affiliated entities.
Health Care Reform is Right Around
the Corner
This summer has been a very busy time for everyone in the insurance world as the carriers make final preparations for 2014. They are offering small groups an opportunity to renew "early," (by 12/1/13) to postpone the necessary changes that the ACA (Affordable Care Act) requires in 2014. However, there may be other corresponding dates, including ERISA (Employee Retirement Income Security Act) requirements, to keep in mind before making the decision to renew early. Please contact COPIC Financial to assist in making a decision that meets the needs specific to your group.

Below is a brief summary of some of the ACA requirements and how they might affect you:

Premium Rating
ACA limits the factors that can vary premium rates in small group and individual markets for non-grandfathered plans, effective for 2014. Health insurance issuers will only be able to vary premium rates based on the following factors: age (may not vary by more than 3:1 for adults); geographic area; individual or family enrollment; and tobacco use (may not vary by more than 1.5 to 1).

All other rating factors are prohibited. This means that several factors frequently used to set premiums, such as health status, claims history, duration of coverage, gender, occupation, and small employer size and industry, can no longer be used.

Levels of Coverage

Beginning in 2014, non-grandfathered health plans in the individual and small group markets must meet certain levels of actuarial value. Actuarial value is calculated as the percentage of total average costs for covered benefits that a plan will cover. For example, if a plan has an actuarial value of 70 percent, on average, a consumer would be responsible for 30 percent of the costs of all covered benefits.

On June 7, 2013, Colorado's state-based exchange ("Connect for Health Colorado")
announcedthat 10 insurance carriers requested approval to provide about 150 health plans for individuals and families through Connect for Health Colorado. Six carriers requested approval to provide nearly 100 health plans to small employers through the Colorado exchange. The preliminary filings, which may change based on review by the Colorado Division of Insurance, include a broad range of costs.

Please Note
: we can help you, both individually and with your group, BOTH IN and OUT of the exchange...and there is absolutely NO difference in premiums either way! Many people are not aware of this fact, and we think you'll need us more than ever to help navigate through this very
interesting time.

Please contact Andrea Levineat (720) 858-6287 with any questions. Rest assured, the one thing that won't change is our commitment to helping you!

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!
President, COPIC Financial Service Group
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Copyright 2013 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.