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February 2016 Newsletter

By February 13, 2016Newsletters

I hope February is finding you in good health. As you may have heard, Open Enrollment has recently come to a close. If you missed the ACA’s Third Sign-Up Period, you may still be eligible for Special Enrollment. Give Davenport & Associates a call today for more information.  We are ready to guide you towards the right policies for you, and look forward to hearing from you!

Best wishes,

Dusty Davenport

Obamacare hits 12.7M customers for 2016, HHS reports

HealthCare.gov CEO Kevin Counihan singled out Las Vegas, Yuma, Arizona, and several towns in Texas as places where enrollment grew rapidly. He also said people seemed to be aware of the “individual mandate” tax for shirking insurance. That penalty starts at about $700 for 2016.

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Do You Own A Family Business?

Watch this video about how insurance can help prevent family disputes in the future.

New law overturns 2006 IRS ruling; improves VEBA Death Benefits

The Protecting Americans from Tax Hikes (PATH) Act, which was enacted effective December 18, 2015, includes an amendment to Section 105(j) of the Internal Revenue Code that prevents the forfeiture of death benefits by allowing the taxable reimbursement of medical expenses for designated beneficiaries such as adult children, siblings, parents and others.

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Davenport & Associates | (956) 971-0326 | info@ripdavenportinc.com |davenportins.com

Here at Davenport Benefits, we want to make sure that our clients are informed with up-to-date information on COVID-19 in order to benefit the health and safety of our communities. Below, we have compiled verified news sources with current updates and announcements regarding the handling of the coronavirus in our region. Please continue to check back for the most recent information, and consider sharing with your friends and family on social media.

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