April 26, 2017
AgencyNEW MEDICARE CARDS ISSUED 2018!!
NEW MEDICARE CARDS ISSUED 2018!! Medicare ID cards will remove Social Security numbers in 2018. Medicare is preparing to stop using Social Security numbers for identification next year and will send NEW Medicare cards to all Medicare beneficiaries. The move is required by a law enacted two years ago to discourage identity theft. Medicare will […]
February 24, 2017
AgencyHealth Insurance TAX Documents for 2016
Health Insurance TAX Documents for 2016 Soon you will receive either form number 1095-A or 1095-B from the NYS Health Insurance Marketplace/Exchange. These forms should be given to your tax preparer for your 2016 tax return. 1095-A will be mailed from the New York State of health for all individuals enrolled in the Bronze, Silver, […]
February 20, 2017
AgencyPayment of New York State Wages Rule Revoked
Payment of New York State Wages Rule Revoked We’d like to give a quick heads up that the New York State (NYS) Industrial Board of Appeals has revoked the entire new direct deposit/payroll debit card rule because it encroaches on the jurisdiction of the banking and financial services regulators and they claim that NYS Commission of Labor exceeded his authority. Below is the […]
February 17, 2017
AgencyBEST BUSINESS OF ROCHESTER AWARD!!
Best Business of Rochester AWARD!! FOR IMMEDIATE RELEASE: Century Benefits Group Receives 2016 Best Businesses of Rochester Award. Rochester, February 09, 2017. Century Benefits Group has been selected for the 2016 Best Businesses of Rochester Award in the Insurance category by the Best Businesses of Rochester Award Program. This is the second time since 2014 […]
February 17, 2017
AgencyThe Impact of “PAID FAMILY LEAVE” on New York’s Small Businesses
The Impact of “PAID FAMILY LEAVE” on New York’s Small Businesses New regulations often inspire focus on the small business community – and for good reason. It’s estimated that as much as one half of the nation’s private sector labor force is employed by small businesses – those that employ less than 500 people and […]
February 10, 2017
AgencyFamily & Medical Leave in New York
Family and Medical Leave in New York (NY) New York Paid Family Leave Special Update: New York has enacted a paid family leave policy, to be phased into effect beginning on or after January I, 2018, that will apply to employers of all business sizes. When the law is fully phased-in over the next […]
August 29, 2016
AgencyGet An Expert To Help!
Get An Expert To Help!! Get an Expert to Help! Washington: A recent article reported that premiums for New York insurance exchange plans will increase by almost 17% in 2017 (“State health costs surge” August 6). Many New Yorkers can’t Afford these hikes. They’ll seek to switch to more affordable plans. Insurance agents and brokers […]
August 3, 2016
AgencyLatest Medicare Updates for 2017!!
Latest Medicare Updates for 2017! Medicare 2017 – Newest Updates! 1) Medicare Part B: Under Medicare right now, seniors pay a $183 annual deductible for Medicare Part B, which is the out-patient Medical insurance part of Medicare. Most beneficiaries do not pay for Part A of Medicare, which is the hospital and skilled nursing benefits. […]
May 3, 2016
Agency“Voluntary” Benefits Have Many Advantages!
Voluntary Benefits Have Many Advantages! With the rising cost of employee benefits, supplemental benefits, or “voluntary” benefits, provide employers the opportunity to fill in what is missing from existing programs. For companies already straining under the weight of growing health insurance costs, funding new benefits is simply not an option. Many employers have implemented a […]
April 5, 2016
Agency2016 Medicare Costs
2016 Medicare Costs Medicare Part A (Hospital Insurance) Costs Part A Monthly Premium Most people don’t pay a Part A premium because they paid Medicare taxes while working. If you don’t get premium-free Part A, you pay up to $411 each month. Hospital Stay In 2016, you pay ■ $1,288 deductible per benefit period ■ […]