We’re more than halfway through the year – do you know how much money is left in your Health Savings Account (HSA)? Now is a great time to make plans for how you’ll use your HSA in the second half of the year, also is time to get your hands on STD-Aware and start learning […]
Health Care Reform: Timeline of Events In March 2017, the House Ways and Means Committee and the House Energy and Commerce Committee each released budget reconciliation bills. These pieces of legislation are part of the House Republican’s American Health Care Act (AHCA), the legislation designed to repeal and replace the Affordable Care Act (ACA). This […]
What’s changing in the ACA marketplace for 2017? Premium prices will increase significantly, but the increased availability of subsidies is expected to help offset the cost of obtaining health coverage for many consumers. ACA Marketplace Changes for 2017 The 2017 Marketplace looks a bit different than it did last year. To help you make the […]
What is a Total Compensation Statement? Total compensation statements communicate the entire value of an employee’s compensation package. They show the employees’ pay and the monetary value of “hidden” benefits that employees often take for granted. Why Provide a Total Compensation Statement? Outlining the total cost of all these benefits can be eye-opening for your […]
Have you filed your 2014 tax return? If not, you’ll want to make sure that you understand the requirements for reporting your health care coverage or your exemption status, or for making an individual shared responsibility payment with your tax return. The IRS has released Publication 5209 (http://www.irs.gov/pub/irs-pdf/p5209.pdf), a guide for helping individuals understand and […]
Under the Affordable Care Act (ACA), online insurance exchanges called Marketplaces were created to help standardize and streamline the individual insurance market. By enrolling in a health plan through the Marketplace, you can receive guaranteed consumer protections while maintain the flexibility to choose a plan that’s right for your individual needs. Open enrollment started last […]
What Does the Individual Mandate Mean to Me? A key provision of the Affordable Care Act (ACA) is the “individual mandate,” which requires most individuals to purchase health insurance coverage or pay a penalty. What is the individual mandate? The ACA requires most individuals to obtain acceptable health insurance coverage for themselves and their family members […]
Supreme Court Changes Rules on Contraceptive Mandate Under the Affordable Care Act (ACA), non-grandfathered health plans are required to provide certain preventive care services for women, including contraceptives, without charging a copayment, deductible or coinsurance. Under the guidelines, plans must cover all FDA-approved contraceptive methods, sterilization procedures and patient education and counseling for all women […]
If you contribute to either an FSA (flexible spending account) or an HSA (health savings account), read on to find out how one may affect the other. Quick Facts: A health FSA may allow for carryovers of up to $500 in unused funds. Carryovers under general purpose health FSAs will disqualify individuals from HSA contributions. […]
Flex Spending Rules 2014 – Use it or Lose It changes Under Internal Code (Code) section 125, a health flexible spending account (FSA) is an employer-sponsored account that employees can use to pay for or reimburse their qualifying medical expenses on a tax-free basis, up to the amount contributed for the plan year. Health FSAs […]
Our clients say it best….
Thams Agency has an honest, and straight forward approach to dealing with customers. They work hard to find the best insurance coverages and prices for the customer, while giving guidance and reasoning for customers to make the most informed decision possible.
After switching to Thams, I feel like I am getting as good, maybe even slightly better property insurance coverage for a whole lot less money. As long as the premium does not take any significant jumps in the next few years then I believe this was a great switch to Thams. Very friendly staff. I feel like I should have gone to see them many years ago.
Brian E.Customer since 2014
You served my folks well and I have found no reason to switch elsewhere. Your company seems rooted in Denison and an asset to the community, which is always an important part of being in business in any community.
Virginia Dobler McCurdyCustomer since 2011
We feel that we have professionals serving our every need at the Thams Agency whether it be house, auto, or health. One stop takes care of all of our insurance needs, and we know it’s done right. P.S. Your offices are lovely. Good move on your part to remodel and maintain the historical attributes of the building while still making it modern.
They have helped reduce my payments with discounts like homeowner, safe driving, multi car, etc. Their rates are better then the old insurance company I had, they just kept raising rates although I had never had an accident (and they didn’t have discounts either). When I first came in to to talk to Todd and ask about their rates, they were 50 % lower then what I was paying. Now they are even lower due to discounts.
The agents at Thams make you feel like you are part of a family. They are extremely personable and the level of communication exceeds any company I have had experience with.
Client since 2004