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H C Murray Corp. Newsletter
June 2009
Hoyt C. Murray, CLU, ChFC
6133 Rockside Rd., #405, Independence, OH 44131
216-525-7280, 216-525-7286 (fax)
 
In This Issue
Sweeping Health Care Change
How They'll Save 2 Trillion on Health Care
Life Guide-Managing Your Financial Life
IRS Sets HSA Amounts
 H.C. Murray Corp. was established in 1980 as an independent insurance agency.

Since H.C. Murray Corp. is an independent firm, we offer several types of coverage from a wide variety of companies.  This allows us to focus on providing you with the right amount of insurance and the right type of coverage for your needs.

Whether you insurance needs are business, personal or both, we have a genuine interest in finding the right solution for you.  Our attention to detail and dedication to our customers have set us apart from the rest.

 
 
 

Products & Services

  • Life & Disability Insurance Planning
  • Corporate Benefit Planning
  • Business Succession Planning
  • Estate Planning
  • Retirement Planning
  • Long Term Care Planning
  • Property & Casualty Insurance Protection
  • Health Insurance Protection
 
 
You cannot control what happens to you, but you can control your attitude toward what happens to you, and in that, you will be mastering change rather than allowing it to master you.

--Brian Tracy
Our Website
 

Five Tips for Finding the Right Advisor

Contact Us
H.C. Murray Corp.
6133 Rockside Road, Suite #405
Independence, OH 44131
216-525-7280
216-525-7286 fax
 
 
 
 
 
Greetings!
 We hope you find our June newsletter enjoyable and informative.
SWEEPING HEALTH CARE CHANGE -

With the intention of increasing efficiency and saving trillions of dollars, President Barack Obama is trying to garner support for a sweeping overhaul of the U.S. health care system.

The President met with groups such as the American Medical Association, America's Health Insurance Plans and the American Hospital Association, which pledged that they will slash health spending growth by 1.5% annually.

Meanwhile the Administration is pushing for a "public" health care option that would likely utilize the resources of Medicare and Medicaid to serve as competition to products offered by private health insurers, most of whom pay commissions to insurance agents to obtain business. At this point, the time table is to have legislation through the House by the end of July, House/Senate debate this fall and completed legislation to President Obama by the end of the year.
 
Learn More in the Following Article:
 
How they'll save $2 trillion on health care
Industry groups promise to work with President Obama to cut costs, but consumer groups raise questions.
 
NEW YORK (CNNMoney.com) -- Advocating preventive care and streamlining administrative costs are among the steps being promised by the health care industry to help cut $2 trillion in health care expenses over the next decade.
A number of leading industry trade groups -- including those representing insurers, doctors, health care workers and drugmakers -- made that pledge to President Obama on Monday.
 

"What's brought us all together today is a recognition that we can't continue down the same dangerous road we've been traveling for so many years, that [health care] costs are out of control, and that reform is not a luxury that can be postponed, but a necessity that cannot wait," Obama said at a White House event with representatives of the trade groups.
 

Life Guide-Managing Your Financial Life
 (Download the above handy-reference guide!)
IRS Sets HSA Amounts 
The Internal Revenue Service has announced the 2010 "indexed amounts" for health savings accounts.
 
The 2010 maximum contribution limit for individual HSAs has increased to $3,050, from $3,000 in 2009.
 
The 2010 maximum contribution limit for family HSAs has increased to $6,150, from $5,950.
The 2010 high-deductible health plan maximum annual out-of-pocket limit for individuals is $5,950, up from $5,800, and the maximum family limit is $11,900, up from $11,600.
 
The 2010 minimum HDHP deductible amounts for individuals and families have increased to $1,200 for individuals and $2,400 for families, up from $1,150 and $2,300 in 2009
                Frustrated with "Low Interest" Rates?
                 Where Do You Put Your Safe Money?
 
 Frustrated with Low Rates on Your CD? 
Consider a Fixed-Rate Annuity Contract!
4.75% One-Year Rate Guarantee
 3.0% Minimum Interest Guaranteed
 Call Us to Learn More! 
 
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HC Murray Corp. | 6133 Rockside Rd | Suite 405 | Independence | OH | 44131

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