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Dedicated Insurance Professionals you know and trust...like Family |
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Issue No. 41 |
August 6, 2013
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Greetings!
More than a Health Plan
At TACT, you don't rent your health plan, you own it!
We are always looking for ways to reduce cost and improve benefits for our members. In today's uncertain financial environment, combined with the increasing cost of health care and health insurance, it is crucial that we are committed to providing our members with the benefits and coverages they need and generate additional revenues to offset these cost increases.
How Does This Affect You?
1. Industry is readying itself for regulations
2. Employers are preparing to spend more money due to mandates
3. Are you an employer needing to limit expenses?
TACT is in the BEST possible situation to thrive and provide outstanding benefits.
TACT - Dedicated Insurance Professionals
you know and trust...like Family.
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August is National Immunization Awareness Month!
Vaccines (shots) help prevent dangerous and sometimes deadly diseases. National Immunization Awareness Month is the perfect time to promote vaccines and remind family, friends, and co-workers to get caught up on their shots.
The Center for Disease Control develops immunization materials for use in local outreach and education efforts during NIAM and year-round. Listed below are helpful reminders.
- Encourage parents of young children to get recommended immunizations by age two; reach out with posters, video PSAs, and more.
- Help parents make sure older children, preteens, and teens have received all recommended vaccines by the time they go back to school.
- Remind college students to catch up on immunizations before they move into dormitories
- Educate adults, including healthcare workers, about vaccines and boosters they may need.
- Educate pregnant women about getting vaccinated to protect newborns from diseases like whooping cough (pertussis).
- Remind everyone that the next flu season is only a few months away.
Check with your state or local health department to see if they have additional immunization resources you can use during NIAM, or plans to celebrate the month.
Visit here for links and other helpful information.
See this and other healthful information when you:

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in the news...
New report finds competition lowers premiums by nearly 20 percent in the Health Insurance Marketplace
Affordable Care Act gives consumers access to better coverage at a greater value in 2014
HHS Secretary Kathleen Sebelius released a new report that finds premiums in the Health Insurance Marketplace will be nearly 20 percent lower in 2014 than previously expected.
The Affordable Care Act requires health insurers in every state to publicly justify any premium rate increases of 10 percent or more. Health insurance companies now generally have to spend at least 80 cents of every premium dollar on health care or improvements to care, or provide a rebate to their policy holders. In addition, when the Health Insurance Marketplace opens for enrollment on October 1, 2013 consumers will be able to make apples to apples comparisons of quality health insurance plans.
"The report shows that the Affordable Care Act is working to increase transparency and competition among health insurance plans and drive premiums down," said Secretary Sebelius. "The reforms in the health care law ensure consumers will have access to better coverage at a lower cost in 2014."
Specifically the report finds that:
- In the 11 states (including the District of Columbia) that have made information available for the individual market, proposed premiums for 2014 are on average 18 percent lower than HHS' estimate of 2014 individual market premiums derived from CBO publications.
- In the six states that have made information available in the small group market, proposed premiums are estimated to be on average 18 percent lower than the premium a small employer would pay for similar coverage without the Affordable Care Act.
- Both estimates are based on premium proposals for the lowest cost silver plan in the individual and small group markets. Actual premiums in 2014 may be even lower when health plans are offered in the Marketplace this fall. Already, in a number of states (DC, OR, RI, VT), the rate review process and competition are resulting in final rates that are significantly below what was proposed earlier this spring.
- Preliminary premiums appear to be affordable even for young men. For example, in Los Angeles - the county with the largest number of uninsured Americans in the nation - the lowest cost silver plan in 2014 for a 25-year-old individual costs $174 per month without a tax credit, $34 per month for an individual whose income is $17,235, and a catastrophic plan can be purchased for $117 per month for an individual.
Further, data from the Medical Expenditure Panel Survey Insurance Component shows that the average premiums for employer sponsored insurance increased by only 3 percent from 2011 to 2012, the lowest rate of increase observed since the data series started in 1996.
Already the 80/20 rule, or medical loss ratio, has saved 77.8 million consumers $3.4 billion up front on their premiums as insurance companies operated more efficiently and spent more on health care than administrative expenses, and 8.5 million consumers can expect an average rebate of approximately $100 per family. Since the health law's rate review provisions were implemented, the number of requests for insurance premium increases of 10 percent or more has dropped dramatically, from 75 percent to 14 percent. To date, the rate review program has helped save Americans an estimated $1 billion.

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Farm Bill Update:
The July 30 FarmPolicy.com report of The Hill's "On the Money Blog" reported, "The House will not produce legislation reforming food stamps before the August recess in a setback for those seeking a quick revival of the stalled 2013 Farm Bill.
"A House GOP leadership aide said that conversations over the food stamp program would continue over the recess that begins August 2.
"An earlier attempt to draft a stand-alone food stamp bill before that time have been shelved, the aide said."
The Hill update added that, "House Agriculture Committee Chairman Frank Lucas (R-Okla.) has been polling members on what the bill should look like and has participated in a small working group convened by House Majority Leader Eric Cantor (R-Va.). Thus, the group met again without resolution."
Read this and other agriculture news on
our Facebook Page!

Recess Reading:
Posted August 2 -
A news release this week from Rep. Bruce Braley (D., Iowa) indicated that, "[Braley] called on House Speaker John Boehner to not allow Congress to take its August recess without passing a comprehensive Farm Bill for President Obama to sign into law.
"'Passing a long-term Farm Bill is a necessity for rural America. Farmers and agricultural producers have waited too long for the certainty that a five-year Farm Bill provides. Without a Farm Bill to provide predictability, it's harder for farmers to invest in the future - to create jobs and grow the economy.
"'A comprehensive Farm Bill addresses the needs of all Americans. Speaker Boehner has no excuse to send Congress home before the job is done.'"
Ag. Committee Member David Scott (D., Ga.) tweeted yesterday : "Where is the House nutrition title of the #Farmbill that was promised weeks ago?" Read more here.
Posted August 3 -
It was reported at Politico that, "House Republicans are proposing to double their food stamp savings to nearly $40 billion by rolling back waivers for able-bodied adults and targeting funds to states that are willing to impose greater work requirements on the parents of young children.
"The prime mover is Majority Leader Eric Cantor (R-Va.) who helped jettison the nutrition title from the House farm bill last month and is now trying to write his own version before the House goes to conference with the Senate.
"Cantor has used a select working group of conservatives to help shape the package but shows signs now of reaching out to party moderates as well. And his goal is to have legislation in hand which the House can vote on in early September when it returns from the August recess."
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summer is about barefootin'
"Shoe" Away Foot Pain
Painful feet? Your shoes could be to blame. Well-fitting footwear can go a long way toward stomping out foot pain. The right kind of shoes can cut your risk for falls and get you off on the right foot for any type of activity, too.
Here are some tips for picking out a winning pair of shoes:
- Buy shoes that fit comfortably at the heel and sides as well as the toes.
- Because your feet typically swell throughout the day, shop for shoes in the afternoon or evening.
- When you stand up in a new shoes, make sure there's at least a half-inch space between your longest toe and the end of the shoe.
Stomp Out Heel Pain
Heel pain is most often caused by plantar fasciitis, which is an inflammation of the band of tissue that extends from the heel to the toes. Symptoms typically are pain on the bottom of the heel and pain that is worse upon arising, such as getting our of bed in the morning.
Unfortunately, the most common cause of this nagging pain is one that you have no control over: a faulty structure of the foot. Those with either overly flat feet or those with high arches are particularly prone to it. Another factor is wearing nonsupportive footwear on hard, flat surfaces. This puts abnormal strain on the plantar fascia. Obesity contributes to the cause, as well.
Treating Your Feet
The first step to getting help for your plantar fasciitis is to get it properly diagnosed by a podiatrist. He or she can then work on a plan to help alleviate the pain. Some initial steps to help include things you can start at home:
- Stretching exercises
- Avoidance of barefoot walking
- Shoe modifications
- Medications
- Loss of weight
If you continue to have pain after several weeks, you should see your podiatric surgeon. He or she can help go over other treatment options.
Source: Health Pulse, USMD Hospital, Fort Worth
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Refer Us!
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Contact Us
Texas Ag Coop Trust
1802 East 50th St., Ste. 107
Lubbock, TX 79404 806-747-7894
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Texas Ag Coop Trust
Officers, Board of Trustees
Kimberly Tullo-Holcomb
TACT Executive Director
Lubbock, TX
George Reed, Chairman United Farm Industries Plainview, TX
Gregg Allen, Secretary Olton Grain Coop Olton, TX
Bret Brown, Treasurer Sunray Coop Sunray, TX
Jim Turner Dalhart Consumers Fuel Association Dalhart, TX
Paul Wilson United Cotton Growers Levelland, TX
Cary Eubanks Slaton Coop Gin Slaton, TX
Dean Sasser Farmers Coop Elevator Levelland, TX
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Texas Ag Coop Trust
is endorsed by:
Texas Grain & Feed
Association
Texas Cotton Ginners Association
Texas Coop Marketing Exchange
Texas Corn Producers |
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Healthcare Reform -
The Marketplace, The Law, You
Open enrollment for insurance is less than 100 days away! And, recent breaking news reports the Obama Administration offering a one year break to employers who were to begin offering insurance to their employees in January. As well, in
a major concession to business groups, the Obama administration unexpectedly announced a one-year delay, until 2015, in a central requirement of the new health care law that medium and large companies provide coverage for their workers or face fines. (access the stories in TACT's Archive)
The Health Insurance Marketplace is designed to make buying health coverage easier and more affordable. Starting in 2014, the Marketplace will allow individuals and small businesses to compare health plans, get answers to questions, find out if they are eligible for tax credits for private insurance or health programs like the Children's Health Insurance Program (CHIP), and enroll in a health plan that meets their needs. However, TACT, in the midst of such change, finds itself in a unique position of being able to offer the highest quality of insurance and service at the same great rates to which you are already accustomed.
States across the country are working to implement the health care law. States can apply for Exchange Establishment grants through the end of 2014. As we get closer to enacting some of the President's healthcare initiatives, the challenges are becoming clearer, as are some of the benefits. Texas Ag Coop Trust has always prided itself in providing the best health benefit plans to an underserved industry.
So, what does it ALL mean? How does it ALL affect you?
Give us a call! We would love to visit with you. At TACT, YOU own your insurance plan.
At TACT, YOU are our business.
TACT - Dedicated Insurance Professionals
you know and trust...like Family.
Next Issue: August 20, 2013
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