Health Insurance Reform

Friday, July 23, 2010

With hurricane season upon us and the impending Tropical Storm, Bonnie, it is important to get together your policy information in the event you have damage and need to file a claim. Below is a list of Florida insurance companies and their respective claims phone numbers. Be sure to have your policy number ready if you need to call.

Homeowner Companies

American Integrity
866-277-9871

Frontline
877-744-5224

Tower Hill/ Royal Palm
800-216-3711

American Traditions
866-270-8430

First Protective/ Flood
888-486-4663

Tower Hill Flood
877-254-6819

ASI/ Ark Royal
866-274-8765

Fl. Penninsula
877-994-8368

United
800-861-4370

Bankers
800-627-0000

Hull/Geovera
800-678-4855

United Flood
800-637-3846

National Flood
800-759-8656

Universal
800-218-3206

Olympus
866-281-2242

Universal North America
866-999-0898

US Insurance Services
800-245-1505

St. Johns
877-748-2059

Citizens
866-411-2742

Southern Fidelity
866-772-4995

Sawgrass
877-853-4430

Tapco
888-437-0373

Cypress
888-352-9773

Landmark One
866-243-5163

Liberty
866-219-7100

Federated
800-293-2532

Auto Companies

AIC
800-841-5241

GMAC
800-468-3466

Safeco
800-874-7342

AIG/ 21st Century
888-244-6163

Infinity
800-334-1661

Travelers
800-252-4633

Progressive
800-274-4499

Bristol West
800-274-7865

As always, we are here to help in any way we can so please feel free to contact us with any questions.

Wednesday, June 30, 2010

Save up to 35% on premium costs!

New tax credit can help you continue to offer valuable health coverage to your employees!

Good news! You may be one of the many small businesses that now qualify for a special tax credit because you provide employee health insurance. The tax credit is a great incentive to help you start or continue to offer and pay for coverage.

See if you qualify. Tax credits of up to 35% of the cost of premiums are available this year and will reach up to 50% in 2014. Start by answering these three simple questions:

1. Do you have less than 25 employees?

2. Do your employees have an average annual salary of less than $50,000?

3. 3 Do you pay at least 50% of the cost of your employee health premiums?

If you answered “yes” to all three questions, you might qualify for a tax credit of up to a 35% of your 2010 premium contributions.

How does it work?

Let’s look at the Clark Family Fish Market example.

Number of full-time employees - 10
Average annual wage - $22,000 per worker
Average employee-only insurance premium - $430 ($5,160 annually)
Employer cost for health insurance at 50% contribution -($2,580 employee) $25,800

2010 tax credit for premium contributions - $9,030 (35% of $25,800)

How much can you save?

By taking advantage of our wide range of affordable, flexible health benefit plans and this tax credit, you can help keep your employees happy and healthy while you save money.

We’re here to help. Contact us for more information on how you can improve your bottom line in 2010.