Are short-term health insurance plans ‘skimpy’ as the Biden administration says?

Qthe Biden administration recently proposed cutting back on short-term, limited-duration insurance plans for healthcare, which it derides as “skimpy” coverage. The Trump administration had expanded that form of coverage, making it an effective workaround of the Affordable Care Act, former President Barack Obama's signature domestic achievement. The 2018 Trump administration federal rule allowed insurance companies to offer healthcare coverage outside the ACA framework. MONTANA GOP SENATE CANDIDATE WINS RUBIO ENDORSEMENT IN BID TO UNSEAT JON TESTER Now the Biden administration aims to scale these plans back. Cabinet agencies have dropped a rule in the regulatory pipeline to that effect. The…

Terminating Your Physician Employment Agreement

Many of our physician clients are unaware of their termination rights prior to meeting with us. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). If you want to terminate your employment, the first thing you need to do is read your contract. Most physician employment agreements have substantial termination provisions. You need to know what yours says regarding termination with and without cause, what notice is required, and what other provisions will be triggered by termination. Many times, employment…

What is an Irrevocable Trust?

A trust is an estate planning tool that allows a person to control their assets during their lifetime and make provisions for incapacity and death. Many trusts are revocable, however, irrevocable trusts can be an incredibly useful way to plan for your future. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). One thing you should know about irrevocable trusts is that, unlike revocable or living trusts, irrevocable trusts cannot be changed or amended. They are set in stone. A…

The Dangers of the EHR

Electronic Health Records can be an incredibly helpful tool. However, they are not without fault. A recent warning highlights that electronic health records (EHRs) are a top target of cybercriminals. They can also lead to inappropriate billing if they are not set up correctly. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). The Health Sector Cybersecurity Coordination Center (HC3) issued a warning to healthcare entities regarding EHR vulnerabilities and protections. Protected health information (PHI) continues to hold its value…

Estate Planning: 5 Things to Consider

If you are preparing to draft your estate plan with your estate planning attorney, there are a variety of issues that you will need to think about before your documents can be finalized. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). Prior to drafting your estate plan, we recommend that you give some thought to the following items: How do you want your money and assets handled if you die? Do you want any restrictions? If you are married,…

How Do I Update My Compliance Risk Assessment?

Compliance Risk Assessments are critically important in healthcare practices. When used correctly, they can save entities from fines, problems and consequences. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). While almost everyone is familiar with a HIPAA Risk Assessment, many practices have not completed a full Compliance Risk Assessment. A Compliance Risk Assessment is a process for healthcare entities to determine what risks exist, evaluate potential risks and focus resources to address the most significant risks. Compliance Risk Assessments…

Need a Practical High School Graduation Gift?

We've got you covered. If you know a recent high school graduate, you should find out if they have a simple estate plan to allow their parents or guardians to make medical and financial decisions if they are incapacitated. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). With high school graduation season in full swing, it is essential to remember that at age 18, parents no longer have the right to make medical and financial decisions for their child,…

Court seeks compromise that might preserve preventive health insurance mandates as appeals play out

NEW ORLEANS (AP) — Federal appeals court judges are seeking compromise on whether government requirements that health insurance include coverage for HIV prevention, cancer screenings and some other types of preventive care can be maintained while a legal battle over the mandates plays out.The 5th US Circuit Court of Appeals panel on Wednesday told attorneys on both sides of the issue to report by Friday on the possibility of a temporary compromise in the case.At issue is a March ruling by a federal judge in Texas who said some of the preventive care requirements under former President Barack Obama's 13-year-old…

The best times to get pet insurance for dogs

One of the best times to get pet insurance for your dog is when they're still a puppy. Getty Images If you're a pet owner, you already know how much thought goes into owning yours paint or dogs. You're often thinking about what's best for them, whether that be the type of food they eat, the veterinarian who takes care of them or the groomer who gives them their haircuts. This thought process also extends to the pet insurance world. While pet insurance can be a cost-effective and valuable protection to secure, it pays to get the timing right. This…

Why Shouldn’t I Use an Online Will?

Online will often do more harm than good. Many people look to the internet when preparing estate planning documents, like wills and trusts, but this can set you up for disaster. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). Online will often 'one size fits all' documents that don't account for your particular situation. Sometimes, they don't account for the current laws in your state. These documents may not even be legitimate and can lead to issues and misunderstandings…