Recently, a health network in Pennsylvania was hacked by a Russian ransomware gang called BlackCat.
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BlackCat attacked a physician practice in Pennsylvania, but did not disrupt healthcare operations.
A ransomware payment was demanded, but refused by the healthcare system.
Sensitive information was accessed and the health system revealed the attack itself.
Is your practice prepared for a potential attack?
Does your staff know how to respond to a demand for ransomware?…
Many of our clients have heard of the powers of attorney, but do not know what they actually entail.
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It is important to know that there are different types of powers of attorney, however, they are all legal documents that allow you to pick an agent or attorney-in-fact on your behalf.
Powers of attorney allow another person to make financial, legal, and medical decisions for you, depending on the type.
There…
Vlad Rusz is a CPA at Centaur Digital Corphelping busy business owners efficiently manage their accounting system.
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Most business owners would agree that health insurance premiums should be deductible. After all, when you work as an employee, you typically pay your health insurance premiums pre-tax. Luckily, the IRS agrees, and most business owners can deduct their health insurance premiums. However, for small-business owners, it’s not as simple as a deduction that shows up on their pay stubs since they might not have any.
The following breakdown will explain the technicality of deducting health insurance premiums based on a business’s…
While the majority of Canadians recognize the significance of obtaining travel coverage such as cancellation and medical insurance for trips outside the country, many fail to acknowledge the need for medical insurance when traveling within Canada.
In certain circumstances, failing to purchase medical insurance for domestic travel could come with consequences.
The Travel Industry Council of Ontario (TICO) recommends that travelers consider purchasing travel protection. Here’s why.
Not All Medical Expenses Are Covered By OHIP
I’m sure if you asked, most Canadians assume that their provincial health coverage, such as OHIP for Ontarians, will cover any unexpected medical costs that…
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Healthy snack recipe for weight loss: Kale Chips
If you’ve read my Top 10 Superfoods blog post, than you’re already well aware of my love for kale chips. So I finally decided to include my super simple recipe for kale chips so you all can try them too and let me know what you think!
First of all let me just remind you of how healthy kale is for you and why, if you love this recipe, you should definitely incorporate it into your current snack rotation.…
Dublin, July 18, 2023 (GLOBE NEWSWIRE) — The “India Health Insurance Market Size, Share & Trends Analysis Report, 2023 – 2030” report has been added to ResearchAndMarkets.com’s offers.
The India health insurance market is set to expand significantly in the coming years, with a projected market size of USD 30,291.2 million by 2030. According to market analysis, the sector is expected to grow at a compound annual growth rate (CAGR) of 11.55% during the period from 2023 to 2030. Several market dynamics are fueling this growth, including strong distribution channels, democratic factors, government programs, and a favorable regulatory environment.
India’s…
There is no shortage of proposals for health insurance reform, and they all miss the point. They invariably focus on the nearly 30 million Americans who lack insurance at any given time. But the coverage for the many more Americans who are fortunate enough to have insurance is deeply flawed.
Health insurance is supposed to provide financial protection against the medical costs of poor health. Yet many insured people still face the risk of enormous medical bills for their “covered” care. A team of researchers estimated that as of mid-2020, collections agencies held $140 billion in unpaid medical bills, reflecting…
(AP) – The Biden administration on Thursday asked employers to give workers who lose Medicaid coverage more time to sign up for health insurance through their jobs.
Medicaid is the state- and federally funded program that covers health care costs for people with low incomes. States have resumed checks for Medicaid eligibility this year after pausing the practice during the COVID-19 pandemic.
Federal officials have estimated that about 3.8 million people who lose Medicaid coverage may qualify for health insurance through their employers, which is how most people in the US get coverage.
Employers typically give people 60 days to…