JGS Insurance Compliance Alert - Medicare Part D Creditable Coverage Notice - October 14th Deadline

10 October 2017 By Barry E. Fields
10-August-2017 – Holmdel, NJ —JGS Insurance, a market leading New Jersey insurance agency, announced today that it has been named a Top 100 Property/Casualty Agency by Insurance Journal. The Top 100 list is ranked by total property/casualty agency revenue for 2016.

Employers who provide prescription drug coverage to plan participants (employees and dependents) are required to notify those that may be eligible for Medicare whether their prescription drug coverage is “creditable coverage”, which means that the benefits are expected to pay on average as much as the standard Medicare prescription drug coverage. This Notice must be distributed by October 14. Please let me know if you need a copy of the Notice in English and/or Spanish.

Additionally, all employers are required to report their plan status to the Centers for Medicare and Medicaid Services (CMS) on an annual basis.

Attached is a detailed description and what you need to do. As always, please let me know if you have any questions.


Barry E. Fields
Vice President, Employee Benefits

JGS I N S U R A N C E
Cell: 908-406-7000 | Fax: 732-834-0233
101 Crawfords Corner Road, Suite 1300, Holmdel, NJ 07733

 
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JGS Insurance, a market leading New Jersey insurance agency, announced today that it has been named a Top 100 Property/Casualty Agency by Insurance Journal. The Top 100 list is ranked by total property/casualty agency revenue for 2016.

 

“Once again JGS Insurance has been recognized by a national publication! Recently in the August 7th issue of Insurance Journal, the National Property and Casualty Magazine, JGS was named in the Top 100 Property and Casualty Insurance Agencies in America. Upon closer review of the list, this honor shows JGS Insurance as currently the Largest Independently Owned Insurance Broker in New Jersey. The two other NJ brokers listed ahead of JGS have either recently been acquired by another company, or are a subsidiary of a privately held company. We continue to focus on our own growth and success so that we can remain an independent voice in the wave of mergers in the insurance space,” says Vincent Hager, President of JGS Insurance.

About JGS Insurance
JGS Insurance is deeply rooted in the Holmdel area and has provided personal and commercial insurance services to clients since 1919. JGS represent a carefully selected group of reputable and financially sound Insurance Companies. Our goal is to assure you that you are receiving the most comprehensive and competitive programs in terms of cost, coverage and service. For more information, please visit www.jgsinsurance.com.

- See more at: https://www.onlineprnews.com/news/946195-1502289877-jgs-insurance-among-top-100-propertycasualty-agencies-by-insurance-journal.html#sthash.1g8qExVu.dpuf

JGS Insurance, a market leading New Jersey insurance agency, announced today that it has been named a Top 100 Property/Casualty Agency by Insurance Journal. The Top 100 list is ranked by total property/casualty agency revenue for 2016.

 

“Once again JGS Insurance has been recognized by a national publication! Recently in the August 7th issue of Insurance Journal, the National Property and Casualty Magazine, JGS was named in the Top 100 Property and Casualty Insurance Agencies in America. Upon closer review of the list, this honor shows JGS Insurance as currently the Largest Independently Owned Insurance Broker in New Jersey. The two other NJ brokers listed ahead of JGS have either recently been acquired by another company, or are a subsidiary of a privately held company. We continue to focus on our own growth and success so that we can remain an independent voice in the wave of mergers in the insurance space,” says Vincent Hager, President of JGS Insurance.

About JGS Insurance
JGS Insurance is deeply rooted in the Holmdel area and has provided personal and commercial insurance services to clients since 1919. JGS represent a carefully selected group of reputable and financially sound Insurance Companies. Our goal is to assure you that you are receiving the most comprehensive and competitive programs in terms of cost, coverage and service. For more information, please visit www.jgsinsurance.com.

- See more at: https://www.onlineprnews.com/news/946195-1502289877-jgs-insurance-among-top-100-propertycasualty-agencies-by-insurance-journal.html#sthash.1g8qExVu.dpuf

JGS Insurance, a market leading New Jersey insurance agency, announced today that it has been named a Top 100 Property/Casualty Agency by Insurance Journal. The Top 100 list is ranked by total property/casualty agency revenue for 2016.

 

“Once again JGS Insurance has been recognized by a national publication! Recently in the August 7th issue of Insurance Journal, the National Property and Casualty Magazine, JGS was named in the Top 100 Property and Casualty Insurance Agencies in America. Upon closer review of the list, this honor shows JGS Insurance as currently the Largest Independently Owned Insurance Broker in New Jersey. The two other NJ brokers listed ahead of JGS have either recently been acquired by another company, or are a subsidiary of a privately held company. We continue to focus on our own growth and success so that we can remain an independent voice in the wave of mergers in the insurance space,” says Vincent Hager, President of JGS Insurance.

About JGS Insurance
JGS Insurance is deeply rooted in the Holmdel area and has provided personal and commercial insurance services to clients since 1919. JGS represent a carefully selected group of reputable and financially sound Insurance Companies. Our goal is to assure you that you are receiving the most comprehensive and competitive programs in terms of cost, coverage and service. For more information, please visit www.jgsinsurance.com.

- See more at: https://www.onlineprnews.com/news/946195-1502289877-jgs-insurance-among-top-100-propertycasualty-agencies-by-insurance-journal.html#sthash.1g8qExVu.dpuf
Last modified on Tuesday, 10 October 2017 14:30

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