Is Your Doctor Wasting Your Money?
Articles
2021 “Affordability” Percentage
Monday, August 3, 2020
In Revenue Procedure 2020-36, the IRS increased the affordability percentage from 9.78% to 9.83% for 2021. This percentage determines which applicable large employers may face penalties under §4980H(b) for failure to offer affordable coverage as well as which individuals may qualify for subsidized coverage through a public Exchange.
The Proliferation and Risk Considerations of Mass Timber
Wednesday, July 29, 2020
Living in the Pacific Northwest, it is easy to become immersed in the natural beauty that surrounds us. The rivers, lakes, and vast forest trails…
Business Leaders – The Times They Are A-Changin…
Wednesday, July 22, 2020
In my insurance career of now over 20 years, I have seen many changes; the creation of accountable health networks, the reinvigoration of HSAs/HRAs/FSAs,…
Long-term Care – More Than Just an Executive Benefit
Friday, July 17, 2020
Earlier this year, the economy was outstanding and had been for years. As professionals, we relied on our robust retirement investments to address not only our future income needs,
Supreme Court Ruling – Contraceptive Exemption
Tuesday, July 14, 2020
After several years of debate, the Supreme Court ruled in favor of the HHS final rules allowing for an exemption for employers with a religious or moral objection to providing coverage for contraceptive coverage. The exemption, at least for now, is available to most non-governmental organizations who would prefer not to provide group health plan coverage for contraceptives.
Is Your Doctor Wasting Your Money?
The science behind analyzing healthcare waste
Thursday, July 9, 2020
With four years’ worth of data, the Washington Health Alliance’s Community Checkup has confirmed again that, across 47 measures, 51% of the healthcare received and paid for in Washington state was determined to be wasteful.
COVID-19 Update: June 26, 2020
Friday, June 26, 2020
The COVID-19 pandemic continues to affect our lives and organizations, and is evolving quickly each and every day.
Improving Patient Access Through Ride-sharing Services
Wednesday, June 24, 2020
The CDC defines social determinants of health (SDOH) as the “conditions in the places where people, live, learn, work, and play [that] affect a wide range of health risks and outcomes.”
Agency Update
Monday, June 22, 2020
In the last couple weeks, the government agencies (the EEOC, IRS, DOL and HHS) have held public meetings, released proposed and final rules, and updated forms and fees affecting employee benefit offerings.
Effects of COVID-19 on Health Care Consumption
Wednesday, June 17, 2020
Now that shelter-in-place orders are beginning to ease, we can reflect on how virtual care and emergency departments have changed. Parker, Smith & Feek Vice President Sally Borte shares the effects of COVID-19 on healthcare consumption in Portland Business Journal.
COVID-19 Update: June 12, 2020
Friday, June 12, 2020
The COVID-19 pandemic continues to affect our lives and organizations, and is evolving quickly each and every day. Parker, Smith & Feek is dedicated to keeping you informed on the latest information.
Updated PCORI Fees Released
Wednesday, June 10, 2020
In Notice 2020-44, the IRS provided the adjusted PCORI fees for plan years ending in October 2019 through September 2020. The guidance does not provide for an extension of the July 31st deadline to report and pay the PCORI fee, but there is a bit of relief provided for certain plans in the method used to count covered lives.
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