healthcare

Medical Access Denial – What Every College Student’s Parents Should Know

2019-07-02T20:51:07-04:00August 15th, 2017|

Imagine your college-aged son has an accident while away at school and ends up in the emergency room. When you call the hospital, you are medical denied information about his care because you do not have the proper forms signed. HIPAA not so hip Due to the Health Insurance Portability and Accountability Act (HIPAA), you [...]

Is Your HSA a Retirement Tool? The Good, The Bad, and The Ugly

2017-08-07T22:39:27-04:00August 7th, 2017|

A Health Savings Account (HSA) is a great way to pay for medical expenses, and since unused funds roll over from year to year, the account can also provide a source of retirement funds in addition to other plans like 401(k)s or IRAs. But be aware that HSAs have significant disadvantages when compared to other retirement [...]

Cures Act Authorizes New Breed of Small Employer Health Reimbursement Arrangements (HRAs)

2017-02-20T08:51:30-05:00February 6th, 2017|

The 21st Century Cures Act, a new law signed late in 2016 that helps fund medical research, also provides a cure for the health insurance woes of small employers. Under this legislation, your small business may now offer stand-alone Health Reimbursement Arrangements (HRAs) for your employees. An HRA is a special account used to pay [...]