Health 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. 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…

Health Insurance

I Don’t Have an Estate Plan…Right?

Whether or not you have a written estate plan, you do have an estate plan. The laws of the state in which you reside will make decisions about your estate if you do not have a written plan. 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 don’t have a written estate plan, it is essential to know what the intestacy laws of your state are so that you know what will happen to your assets if you…

Health Insurance

Do I need a Health Savings Account? Here’s the real truth about HSAs and whether (or not) they make smart retirement vehicles

Do I need a Health Savings Account? Here’s the real truth about HSAs and whether (or not) they make smart retirement vehicles Americans blew through an average of $12,914 on health expenditures in 2021, according to analysis from the Peterson-KFF Health System Tracker. That’s more than double the amount residents of comparable countries spend on their health needs. So it’s no wonder that between deductibles, copayments, coinsurance and services not covered by insurance, many Americans struggle to cover their health care costs. With that in mind, Congress introduced Health Savings Accounts (HSAs), which allow them to set aside tax-free money…