Blog
Wednesday, August 2, 2017

In the early hours of July 28, Republican efforts to repeal and replace the Affordable Care Act (ACA) ended when the Senate fell short of the 51 votes required to pass the Health Care Freedom Act (HCFA), better known as the “skinny repeal bill.” If passed, it would have eliminated the individual mandate penalty and temporarily repealed the employer mandate penalty and medical device tax along with providing states flexibility on certain ACA requirements.

Earlier in the week, separate votes on the Better Care Reconciliation Act (BCRA), the Senate’s alternative to the American Health Care Act and the Obamacare Repeal Reconciliation Act, the “repeal and delay” option, also failed.

Republican leadership in Congress or the Administration may also pursue other ways to dismantle, replace or reform the ACA including regulatory action, regulatory non-enforcement or other options.

What’s Next?

Both parties have indicated next steps may include bipartisan efforts to fix the ACA and stabilize the market.

Senator McCain called for a return to the committee process where they would hold hearings, allow input from both sides and produce a bill that truly delivers affordable health care. The future of health care reform continues to remain uncertain. We will continue to keep you apprised as new developments are released.

ACA Remains the Law of the Land

Regardless of the efforts put forth by both parties, The ACA remains the law of the land. Ongoing compliance with the law is required unless and until official guidance to the contrary is issued. We encourage our clients to continue to be diligent with their efforts surrounding ACA compliance.

Wednesday, June 28, 2017

At the end of 2016, Oregon Dairy was faced with a difficult healthcare renewal. The company's health plan provider was increasing its rates substantially and would not provide information to justify the increase. To make matters worse, Oregon Dairy and employers similar in size are required to meet stringent federal ACA guidelines for minimum coverage and affordability. It was the perfect storm, but Oregon Dairy was committed to weather through it.

With the help of BCF Group benefits, Oregon Dairy experienced one of its most successful benefit renewals in recent history. Not only was the punishing increase mitigated to a single digit, the plan funding was adjusted to allow for savings if claims were lower than expected. Additionally, Oregon Dairy further leveraged its culture of employee health and wellness through preferred health plan pricing for employees who attested to being tobacco-free, which the entire Oregon Dairy campus became in 2016.

BCF Group has been Oregon Dairy’s P&C Broker for the past 25 years. Our Commercial Department has been a strategic partner and key advisor in helping Oregon Dairy structure and maintain a culture of safety, which has led to an improved Risk Profile and better bottom line. Several of the family members place their personal insurance with our firm as well.

They’ve been an important client and friend to our organization in many ways.

CLICK HERE TO READ THE FULL ARTICLE >>

 

Monday, May 15, 2017


 

 

 

 

 

 

 

 

A leading insurance professional organization recently recognized Jennifer Buch, CIC of BCF Group, Lancaster, for dedication and ongoing leadership in the insurance industry. The Society of Certified Insurance Counselors (CIC) honored Mrs. Jennifer Buch for ten years of successfully maintaining the Certified Insurance Counselor (CIC) designation, denoting significant commitment to advanced knowledge and customer service.

“This honor is an acknowledgment of the priority Jennifer Buch places on education and professional growth,” cited the Society’s President, Dr. William T. Hold, CIC, CPCU, CLU. “Customers, associates, and the insurance profession as a whole benefit from such a strong commitment to continuing education.”

The CIC Program is nationally recognized as the premier continuing education program for insurance professionals, with programs offered in all 50 states and Puerto Rico. Headquartered in Austin, Texas, the Society of CIC is a not-for-profit organization and the founding program of The National Alliance for Insurance Education & Research.

Tuesday, April 25, 2017


This is my story, one that illustrates the importance of planning ahead in the event of sudden, unexpected life changes.

Seven years ago my Mom called and asked me to pray for my Stepdad, she thought he had a heart attack and they were on the way to the local hospital. I had to sit down. I had just spoken to him 5 days earlier, not that you can tell by a phone call, but he sounded fine.

My stepdad had a LARGE personality. He owned his own business in a competitive environment. He built it by being smart and shrewd and he was successful. He worked hard serving tourist clientele from Memorial Day through Columbus and made his mark in the small place I grew up.

After my Mom and I spoke, they prepared my Stepdad to take a life flight to Massachusetts General Hospital where he would undergo open heart surgery to repair whatever was going on in his chest. Of course, I was miles away in Pennsylvania where I have spent all of my adult life. I felt helpless. My Mom was also several hours away and traveled to the hospital.

For the next hour or so, I spent my time calling my Sister, who is a nurse and could tell me what to expect, then my Mom, to see if there were any updates, and my Brother, who was on his way to Mass General and would arrive about an hour before my Mom.

The mood shifted when my Brother called me after he had arrived at the hospital. He had just come from the room where they had my Stepdad, the room where they were prepping him for surgery, the room where he went into cardiac arrest for his final time. “He’s gone” my brother uttered. An aortic aneurysm at age 66. I fell to the floor.

A blur followed for weeks. My heart still hurts when I think about how my children won’t remember him and all he had to offer to life. Don left a hole in our lives that was LARGE, just like him. Although this was 7 years ago, as I type the tears come back like it was this past Saturday. And we survive with a gap that just can’t be filled.

He did not have any plans to die like most of us of course, but this shrewd businessman literally had no continuing arrangement for his business, his family, my Mom. I refuse to be angry about it, I loved that man and won’t let this be my memory of him, but I have certainly seen the financial effects on my Mom.

What about you? Do you have plans in place for your spouse, your children, and your business? If you do, is it updated to your lifestyle and natural change in your life? My story is not meant to be exploitive or to seek business (I do work for an insurance agency right?). It’s meant for you to consider the horror of sudden changes in your life, a disability, accident, a death that you really don’t want to talk about but must. When life changes in an instant, or sometimes slowly over time, the last thing you want for your loved ones is for them to worry about is how everything will work when you’re disabled or gone.

It’s something for you to consider and plan. We are here for you.

Heather Groff
heatherg@bcfgroup.net 

Thursday, April 13, 2017

 

A leading insurance professional organization recently recognized Trent Hess, CIC of BCF Group, Lancaster, for dedication and ongoing leadership in the insurance industry. The Society of Certified Insurance Counselors (CIC) honored Mr. Trent Hess for six years of successfully maintaining the Certified Insurance Counselor (CIC) designation, denoting significant commitment to advanced knowledge and customer service.

“This honor is an acknowledgment of the priority Trent Hess places on education and professional growth,” cited the Society’s President, Dr. William T. Hold, CIC, CPCU, CLU. “Customers, associates, and the insurance profession as a whole benefit from such a strong commitment to continuing education.”

The CIC Program is nationally recognized as the premier continuing education program for insurance professionals, with programs offered in all 50 states and Puerto Rico. Headquartered in Austin, Texas, the Society of CIC is a not-for-profit organization and the founding program of The National Alliance for Insurance Education & Research.

Connect with Trent on LinkedIn: https://www.linkedin.com/in/trenthess/

 

SOCIETY OF CERTIFIED INSURANCE COUNSELORS

A Member of The National Alliance for Insurance Education & Research
P.O. Box 27027 Austin, Texas 78755-2027 800-633-2165 Fax 512-349-6194 alliance@scic.com
www.TheNationalAlliance.com