While changes to the base salary (not to be confused with the minimum wage) generally only impact government workers, there are some changes to social and health insurance payments that foreign firms should be aware of.
What’s changed?
On November 11, 2022, the National Assembly approved a resolution to increase the base salary from July 1, 2023. This would see the base salary of government employees increase from VND 1,490,000 (US$63.25) to VND 1,800,000 (US$76.41) per month. This salary represents a 20.8 percent increase over the current base salary.
This was codified in Decree No. 24/2023/ND-CP dated May 14, 2023.…
health life insurance
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.
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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…
Friday Health Plans of Nevada taken over by state regulators
A district court judge has ordered that a health insurance company that covers 2,805 Nevadans be placed in receivership under the control of the state Division of Insurance.
Day-to-day operations of Friday Health Plans will now be handled by the Division of Insurance. The insurer’s policies are still in effect and the court order, which was issued June 12, prohibits providers from denying health services.
The Division of Insurance first requested receivership for Friday Health Plans on June 1 after it received “inconsistent financial filings” from the company.
Friday Health Plans supported the move for regulators to take over its…
Criticism continues against Gov. Pritzker’s move closing health care enrollment for immigrants
Backlash continued to rain down on Gov. JB Pritzker Wednesday following his decision last week to close enrollment for a state-funded health insurance program for immigrants under 65 as other Illinois officials highlighted that a bill is sitting on the governor’s desk that would allow the state to issue regular driver’s licenses for noncitizens.
Though not connected, the two issues took center stage as Pritzker continued to push back against criticism from Latino lawmakers and immigrant advocates that his administration’s decision on the health insurance program was “immoral and fiscally shortsighted.” Pritzker has defended the move because program costs are…
With no room to raise taxes, where will Adams find the money for his pricey union deals?
Retired city workers are understandably upset the city is changing their health insurance, forcing them into a plan with less flexibility effective September.
But they shouldn’t be surprised: Something had to give.
Our retirees are getting off easy — so far.
Mayor Eric Adams registered the new contract last week with healthcare provider Aetna to start administering the less-generous Medicare contract in the fall, overriding Comptroller Brad Lander’s objections.
Thanks to a higher federal subsidy for the new Advantage plan, as well as stricter rules for specialty visits and the like, the city expects to save $600 million a year.…
Health insurance companies in Connecticut request double-digit price hikes
HARTFORD, CT (WFSB) – Your health insurance could go up by around 12% next year. Connecticut attorney general William Tong calls the price hikes “exorbitant”.
In total, there are 10 filings made by 9 health insurers for plans that cover around 188,000 people.
The proposed average individual rate of request is a 12.4% increase. The proposed average small group rate request is a 14.8 % increase.
“What I’m worried about is people are going to drop off their insurance or they are going to other plans that may be more affordable but provide less coverage,” said Tong.
Tong plans to…
PacificSource Health Plans Elevates Member Communications
PacificSource Health Plans Elevates Member Communications with Quadient
Multistate US health insurer partners with Quadient to enhance the customer experience for its more than 600,000 members
Paris, June 8, 2023
Quadient (Euronext Paris: QDT), a leader in helping businesses create meaningful customer connections through digital and physical channels, announces that PacificSource Health Plans have implemented Quadient Inspire to reduce manual processes and IT resources required for developing and maintaining renewals, member plan materials and related communications. With Quadient Inspire, PacificSource plans to reduce costs and increase efficiency through automation, increasing the speed of creating and managing thousands of blocks and…
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.
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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,…