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FundprovIdesaIdtomemBersFordIsasterlossesagenCiesmayseekassistanCebyaPPlyingtOthetrustedChOiCedisasterrelieffundIthasbeenawildfewweeksformuchofthecountrywiththerecentwildresrecord-hightemperatureslongpoweroutageselectrifyinglighteningandawindstormofepicproportion.WestVirginiahasbeenamongthehardesthitpartofthecountry.Whileeveryagencyanditsemployeeslikelyhadinsurancecoverageforlossesincurredinanyofthesedisastersitisalsolikelythatsomethingswereuncovered.TheTrustedChoiceDisasterReliefFundmaybeavailabletohelpinthoseinstances.TheTrustedChoiceDisasterReliefFundwasestablishedbytheIIAAEducationalFoundationoftheBigx1cIx1dtoassistthosewhohavesufferedlossesduetonaturalorman-madedisasters.ThefundmakescashgrantstothoseintheinsuranceindustryincludingBigx1cIx1dmemberstheiragencystaffsandotherstopayforimmediateorongoingnancialneedswhenotherfundingsourcessuchasinsuranceandothergrantsarenotavailable.Itisalsousedtollagapuntilotherfundingsourcescanbeaccessedaswellastoprovideinsuranceagentswithsuppliesandresourcestoaidvictimsandsurvivingfamilymembersintheircommunities.Ifyouorsomeoneinyouragencysufferedalossthatmeetsthefundx19sguidelinespleasesubmitagrantapplicationtoday.ShouldyouhaveanyquestionspleasecontactMadelynFlannaganatmadelyn.fannaganiiaba.net.ClickherefortheTrustedChoiceDisasterReliefFundguidelines.Clickhereforanapplication.Ifthereisanythingelsethatyourassociationcandotolendahandinthesedifx12culttimespleasedonx19thesitatetocontactmeatgmarioniiawv.org.page2APublicationofIndependentInsuranceAgentsofWVBIGIreleasesupdatedppacatImelIneCOntinuedfrOmPage1creditstopurchasesubsidizedinsurancepossiblyincreasingthecostofthenewlawtothegovernment.Amongthemanyprovisionsalreadyimplementedaretheso-calledSeptember23rdreformsfrom2010whichincluderequiringplanstoallowyoungadultsuptoage26toremainontheirparentsx19plansandtheprohibitionofconsiderationofpre-existingconditionsofchildren.AlsothedetrimentalMedicalLossRatioregulationshavebeenineffectsinceJanuary12011andhaveledtocutsinagentcompensationeversince.InadditionasnotedinthetimelinetherearemanyotherprovisionsofinterestalreadyineffectsuchasnewrestrictionsonFlexSpendingAccountsaswellasrststepstowardthellinginofthex1cdoughnutholex1dforMedicarePartDbeneciaries.TheimplementationofthePPACAissuchthatwehaveyettohitthemostconsequentialportionsofthelaw.2013iswhensomeofthemoredetrimentaltaxincreasesonsmallbusinessestakeeffectsuchasthe0.9increaseonwagesforcertaintaxpayersaswellasthe3.8increaseoninvestmentincome.2014isalandmarkyearinthatthiswillbewhenprovisionswillbeimplementedonguaranteedissuetheindividualmandatetheemployermandateexchangesandtheMedicaidexpansion.Implementationofthelawisscheduledtowrapupin2018withtheso-calledx1cCadillactaxx1d.Withalmostsixyearsofimplementationremainingandcontroversysurroundingthelawx19sexistencestillatafeverpitchfurtherchangestothelawarestillapossibility.Watchyouragencye-mailandtheWestVirginiaInsurorforadditionalupdatesonthiscriticalissue.