EPIA Insurance Agency Inc.

IRS to recalculate taxes on unemployment benefits; refunds to start in May To help taxpayers, the Internal Revenue Service announced today that it will take steps to automatically refund money this spring and summer to people who filed their tax return reporting unemployment compensation before the recent changes made by the American Rescue Plan. ...Continue reading

How business owners are dealing with required vaccination for their employees Since the state of California announced its first round of the vaccination process, which includes essential workers, a lot of business owners have been questioning what are the boundaries regarding the required vaccination of their employees. ...Continue reading

Possible Health Care Changes in 2021 2021 Even before taking office on January 20, Biden administration shared plans for a new direction in combatting the COVID-19 pandemic. The Biden-Harris transition team seven-point plan to combat the coronavirus includes: 120-Biden-Harris...Continue reading

2021 arrived! It’s time to plan your following year and analyze your insurance policy to get the best cover for you! This week we are going to bring you a few of our products and their importance to better improve your life. Today, our CEO will introduce you to Covered California and its benefits! 2021... CEO See more

Affordable Care Act Enacted in March 2010, the federal Patient Protection and Affordable Care Act (Affordable Care Act), occasionally referred to as Obamacare, provides the framework, policies, regulations, and guidelines for implementation of comprehensive health care reform by the states. The Affordable Care Act expands access to quality, affordable insurance, and health care. Affordable Care Act20103

Health Insurance and Immigration Status Under the Affordable Care Act, most immigrants qualify for health coverage, including the following groups: Lawful permanent residents or (green card holders).... Lawful temporary residents. Persons fleeing persecution, including refugees and asylees. Other humanitarian immigrants, including those granted temporary protected status. Non-immigrant status holders (including worker visas and student visas). ACA

It's a great honor and indeed privilege to be interviewed by the media to talk about the charity event CHiPs For Kids 2020 to the Chinese American community. Wo...rking together to make California a better place for our children! Just text ‘TOYS’ to 76278 OR Go to www.chipsforkids.com California Highway Patrol International Creative Class Alliance Purist Group CHP Southern Division CHP - Baldwin Park CHP - San Bernardino CHP - Rancho Cucamonga CBS Los Angeles Elite Prep Koala Know Harry C. Lin, CPA A Professional Corporation Alex Yu Team- Changing Lives For Good EPIA Insurance Agency Inc. Route 66 Shooting Sports Park Bazic Products innoplaytion VERDES Chi Ni Jimahajer Garage CHP CHiPs For Kids 2020 - US News Express https://www.usnewsexpress.com/archives/128974 #makeadifference #chipsforkids #chipsforkidstoydrive #helpdonate #texttodonate #thankyou #cbs #yourock #giveback #passiton #dogood #payitforward #puristgroup #family #teamwork #unity #chp #icca #community #communityfirst #communitylove #toydrive #winterdrive

Although the pandemic has canceled our in person CHiPs for Kids toy drives this year, you can still help kids receive a toy this holiday season. Just text ‘TOY...S’ to 76278 OR Go to www.chipsforkids.com California Highway Patrol International Creative Class Alliance Purist Group CHP Southern Division CHP - Baldwin Park CHP - San Bernardino CHP - Rancho Cucamonga CBS Los Angeles Route 66 Shooting Sports Park Bazic Products Steven Luo EPIA Insurance Agency Inc. Alex Yu Team- Changing Lives For Good Harry C. Lin, CPA A Professional Corporation Elite Prep Koala Know Jimahajer Garage Chi Ni #makeadifference #chipsforkids #chipsforkidstoydrive #helpdonate #texttodonate #thankyou #cbs #yourock #giveback #passiton #dogood #payitforward #puristgroup #family #teamwork #unity #chp #icca #community #communityfirst #communitylove #toydrive #winterdrive

How to have the best benefits and affordable premiums Open Enrollment is almost ending, but you are still on time to enroll. Today we are going to give you tips on How to best choose your next-year policy. ...Continue reading

Stimulus Bill Includes Small Business PPP Loans and Forgiveness Rule Changes PPP Congress on December 22dn, passed a second stimulus bill and now is awaiting President Trump’s signature and it includes a second round of PPP loans for affected small businesses as well as loan-forgiveness rule changes that are favorable to PPP borrowers. The second round of PPP loans for affected small businesses is referred to as second draw loans. While the rules for th...Continue reading

Individual Coverage If for some reason you can't get coverage through your employer anymore, you'll still need a health plan. For many people, that means buying individual health insurance. Unlike traditional employer-sponsored insurance, now you'll:... Shop for and choose a plan that covers you and your family Purchase your plan Make all monthly premium payments Get to know and manage all of your health coverage and benefits

It's easy to focus on the monthly premium payment when comparing plans, but don't forget to consider other costs as well. The premium price is prominently featured when you're looking at plans but look at other costs too. A tool available on HealthCare.gov and some state marketplaces will calculate "estimated total yearly costs" for you. This takes into account the plan's deductible how much you have to pay out-of-pocket for cove...red services before your insurance picks up the tab and copays, put together with how much health care you expect to use in the coming year. HealthCare.gov Yearly cost estimate can be a really useful tool when picking a plan. Trying to figure out that math can be a little bit tricky, especially for people who are not as familiar with health insurance.

GET READY! Covered California Open Enrollment period already started! Even if you like your current coverage it’s a good idea to make sure it still meets your needs. Due to the pandemic a lot of interaction may not happen this year, the good news is you can still receive free, socially-distant help in choosing plans through our online appointments. ... Covered California Scan the QR code to contact us! Or click here: http://bit.ly/CoveredCali

Medicare and Medicaid to cover early COVID-19 vaccine under emergency authorization at no cost. MedicaidCOVID-19 The Federal government will announce this week a plan to cover the out-of-pocket costs of Covid-19 vaccines for millions of Americans who receive Medicare or Medicaid emergency use authorization from the FDA, which is a change from current policy, said four people with knowledge of the pending announcement.... At least two Covid-19 vaccine developers have said they plan to apply for an emergency use authorization before the end of the year. The administration is working to ensure that no American has to pay for the vaccine, said one official. The administration's planned rule also will address other Covid-19-related issues, like expanding flexibility for Medicaid patients seeking care for the coronavirus, two people familiar with the plan said. FDAMedicaidCovid-19 Covid-19 Covid-19Medicaid When could you get your shots? Gov. Gavin Newsom made a statement last week for anyone hoping to get the vaccine in 2020: the majority of Californians will likely have to wait to get vaccinated until the second half of 2021. Though the President has promised a vaccine in the coming weeks, the California Department of Public Health’s draft COVID-19 vaccination planning report pushes the general public into the last stages of distribution. Though Moderna and Pfizer are optimistic they can produce a vaccine the end of the year, the distribution will be a logistically challenging process. Newsom said the initial supply will cover only about 1 to 1.5 million Californians, a sliver of the roughly 40 million people who call the Golden State home. Understand the phases of distribution: 1. HEALTH CARE WORKERS 2. ‘CRITICAL POPULATIONS’: at-risk people and essential workers who couldn’t get vaccinated during the first round, nursing homes employees, correctional facilities, those with disabilities and underserved Latino, Black and rural communities. 3. EVERYONE ELSE: open access to vaccination phase, when enough vaccines will be available for the entire population. Gavin Newsom20202021 COVID-19 ModernaPfizer Newsom11.5million 4000Golden State 1. 2. 3. Source: https://www.ppo-hmo.com//medicare-and-medicaid-to-cover-ea

Yesterday we hosted a " Medicare 101 online class". It was an extraordinary opportunity to learn about the Medicare Open Enrollment Process while getting the most important up-to-date information in easy-to-understand language. Click here to watch the replay... : https://youtu.be/xiU109kn1U See more

As promised on our online Lunch Networking Meeting Celebration on 11/19/2020 we offered to donate $5 for each person that attended our event towards Youth Emerging Stronger. Yesterday they received $200 worth of Hygiene items for the young kids. An organization with increasingly comprehensive support for runaway, homeless, and foster youth. The impact they made in so many young lives has earned them a position in the community as respected advocates and leaders in ending yout...h homelessness and improving the county’s foster care system. 20201119Youth Emerging Stronger5200 Youth Emerging Stronger We are so thankful that we could support them! If you want to make a donation, just access Youth Emerging Stronger https://www.youthemergingstronger.org/donate

GET READY! Medicare open enrollment period starts today! Even if you like your current coverage it’s a good idea to make sure it still meets your needs. Plans are allowed to make changes to their list of participating doctors and their drug coverage. EPIA has years of experience helping seniors with this process, but due to the pandemic a lot of interaction may not happen this year, the good news is you can still receive free, socially distant help in choosing plans through ...our online appointments. Medicare Scan the QR code to contact us! Or click here: https://docs.google.com//1wfrrkEchIJMCqRJ-JCylJbP5/prefill

The two-night fundraising event featured the family-friendly movie "Rodeo Girl" the re-make of the western classic "3:10 to Yuma" starring Christian Bale, Russell Crowe, and Ben Foster. All gate proceeded from each night will be donated to the school with the highest attendance by car. Congratulations to the raffle winners. Thank you so much for having us! It was a great honor to give back and serve the community!

All of us from EPIA Inc. wishes you a Happy Columbus Day!

Financial Planning Tips for beginners Many people would like to establish a budget or financial plan or take a more active role in managing their investments. With an abundance of expert financial advice out there, though, newcomers to financial planning may well feel overwhelmed. To get started, it can be helpful to have one simple first step. Professionals from Forbes Finance Council gave their suggestions for starting your journey toward more actively tracking... and managing your personal finances. Start with the end in mind and determine your net income The first step in designing a financial plan is spending time thinking about the end. Aside from understanding your expenses and income, it’s important to have a vision of what you want in your life. No matter your age, saving is nonnegotiable. When taking an inventory of your monthly income and expenses, make sure you are first looking at a net income amount. Your net income amount is what’s left after you have saved 15% of your gross income in multiple different types of accounts: taxable, tax-deferred, and tax-free. These 15% savings should also be automatic. 15()15% Organize your financial records and document everything As you begin the trek of building a financial plan for the first time, work very deliberately on all of the data collection. Use this opportunity to organize where you keep all of your financial information before building your plan. This can include bank and investment statements, insurance policies, and updated spreadsheets of monthly expenses, as well as copies of estate documents, even more, if you have different sources of income. Source : https://www.ppo-hmo.com//financial-planning-tips-for-begin

They encouraged small businesses to inquire what assistance is available from the California government. Treasurer Ma & Insurance Commissioner Lara have given almost hundreds of webinars to provide useful information, loans, resources to constituents, thank you for the informative session.

Our Back 2 Basics series was a success. We decided to get you a bonus! Check out our video about Maximum out-of-pocket. Back 2 Basics ... If you have more questions about insurance, feel free to contact us! Phone: 626-912-1988 Email: [email protected] #CoveredwithEPIA See more

All of us from EPIA Inc. wishes you a Happy Mid-Autumn Festival!

COVID-19 on Subsidized Coverage Q&A -COVID-19 If you’re collecting more on unemployment than what you earned while working, it could affect how much you pay for health insurance.... For households that bought coverage through one of the health exchanges and get advance tax credits to reduce their premiums, those federal subsidies are based on the annual income you estimated when you chose your plan. And if that amount gets pushed higher unexpectedly, you could face a tax bill next spring when you file your 2020 return. 2020 1 - How can I be eligible for a subsidy for my premium? 1- In states that have expanded Medicaid coverage, your household income must be below 138% of the federal poverty level to qualify. In all states, your household income must be between 100% and 400% of the federal poverty level to qualify for a premium tax credit that can lower your insurance costs. 138 100400 2 - What happens if my income changes and my premium subsidy is too big? Will I have to repay it? 2- Monthly premium subsidy amounts (ie, the advance premium tax credit APTC that’s paid to your insurer each month to offset the cost of your premium) are estimated based on prior-year income and projections for the year ahead, but the actual premium tax credit amount to which you’re entitled depends on your actual income in the year that you’re getting subsidized health insurance coverage. If recipients end up earning more than anticipated, they could have to pay back some of the subsidies. This can catch people off guard, especially since the tax credits are paid directly to the insurance carriers, but if overpaid, they must be returned by the insureds themselves. APTC If you have more questions about insurance, feel free to contact us! Phone: 626-912-1988 Email: [email protected] (Source): https://www.ppo-hmo.com//blog-9-24-covid-19-on-subsidized-

Watch our online class presented on 09/22, topics included "What changed about Health Insurance during Covid-19, How important it is to have Health Insurance during these difficult times, How to qualify for Covered California as Immigrant, New changes for special enrollment and subsidized coverage." Stay Tuned!

Watch the last video from our back 2 basics series about deductible. Tomorrow we’re giving you an extraordinary opportunity to learn about changes in your health insurance, open enrollment and the effects of COVID-19 in your policy. back 2 basics... COVID-19 Don’t miss our online class : http://bit.ly/epiaseptemberwebinar