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Federal dental plan could lead employers to drop coverage: assoc

OTTAWA – An association of health insurance providers warns it might not be useful for small businesses to provide dental benefits to some employees once the government launches a national dental-care plan. The Canadian Life and Health Insurance Association has pitched the idea of ​​a federal tax credit for small businesses to convince them not to drop their coverage. “When governments provide free coverage for any type of benefit, employers will naturally ask if they should continue to pay for those or whether their employees would be as well-served ΓǪ moving to the public plan,” said association president Stephen Frank.…
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US health insurance problems affect well-being of HAE patients: Survey | US insurance coverage delays, denials ’cause huge disruptions’ for HAE patients

Insurance issues significantly affected the physical, psychological, and financial health of people with hereditary angioedema (HAE) in the US, according to a recent patient survey. Patients reported that health insurance delays and coverage denials led to more frequent HAE attacks, urgent care visits, missed work or school, and greater anxiety. “Barriers to care due to insurance delays are well documented, but data is lacking for HAE patients,” Nonie S. Arora, MD, of the University of Michigan and the study’s corresponding author, said in a press release. “We set out to examine not only the impact those denials and delays had…
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Does My Health Insurance Cover International Travel?

Planning an international trip can be downright exhilarating, and that’s especially true if you’re traveling to far-flung locations you’ve never visited before. Whether you plan to relax the day away on a tropical beach, visit archeological sites and ruins you’ve read about in school, or splurge on a culinary-themed getaway for foodies, there’s so much to look forward to – and to prepare for. But there’s more to trip planning than putting together a packing list and an itinerary. You should also make sure you’re adequately covered for a range of emergencies and health issues that could occur, as well…
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What is Probate?

Probate is a court process that your estate will go through after you pass away. The probate court will distribute your estate and make decisions regarding your estate. 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). Many of our clients come to us without an understanding of probate or having had a bad experience with the probate court and wanting to keep their estate out of probate. If you die without a written estate plan, your estate must go…
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Should employers offering health benefits get tax credits?

Québec (65 per cent) Ontario (63 per cent) British Columbia (60 per cent) Atlantic Canada (59 per cent) Saskatchewan/Manitoba (58 per cent) Alberta (55 per cent) The same is true among different age groups: 60+ (66 per cent) 45 to 59 (59 per cent) 30 to 44 (61 per cent) 18 to 29 (59 per cent) A health spending account is among the top three features Canadians desire in a benefits plan, according to a previous RBC Insurance report. Employer-provided plan Currently, 64 per cent of Canadians have…
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Is Your Compliance Plan Protecting You?

Healthcare compliance plans are essential to ensure your practice is following the law. Your compliance plan can keep your practice out of trouble. 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). A recent enforcement action highlights the need for an effective and updated compliance plan. A physician in Arkansas has been sentenced to 102 months of prison time and to pay over $4.63 million in restitution. Following release from prison, he will have three (3) years of supervised release.…
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2022 tax deductions to look out for beyond just income, and itemized

Remember that April 18 marks the deadline for taxpayers to file their annual returns. Tax Day is typically April 15, but because that date falls on a Saturday, and due to a Washington, DC holiday on Monday, the filing deadline was pushed to April 18. As of April 7, the Internal Revenue Service has processed more than 101 million returns. The average refund to taxpayers is $2,878, down from $3,175 at the same time a year earlier. If you’re scrambling to finish your taxes by midnight Tuesday, here are some reminders of often-forgotten items that might be deductible, so you…
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10 Ways to Tell You’re Truly Ready to Go Freelance

Key points In just five years, the number of US freelancers grew from 57.3 million to 70.4 million. You have to be comfortable being your own boss, as you have to handle your own tax payments, get your own benefits, and figure out your work schedule. You will also likely work more hours, but you’ll get to choose your own assignments, which is appealing. Have you ever felt the urge to quit your W-2 job and become a freelancer? Many people are in the same boat, and the number of freelance workers is on the rise. Zippia found that in…