Health Insurance

Can Your Practice Afford a Data Breach?

11/05/2023binomo

Probably not.

A recent study found that the total average cost of a healthcare breach is $10.10 million.

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Can your healthcare practice afford a breach? Most healthcare entities cannot.

Since 2020, healthcare breach costs have risen by 42%.

As we know healthcare breaches are incessant, it is important to understand trends.

The trends that have emerged over the past few years are:

Repeat attacks. Many healthcare entities have

Consequences of Traveling Without Health Insurance – This Tiktoker Learned Them the Hard Way

09/05/2023binomo

TikToker Kaleah Salmon was on a skiing trip in the French Alps when she learned the consequences of traveling without travel health insurance the hard way.

On one of the days, the Salmon woke up with her face fully swollen and had to rush to the doctors immediately who were struggling to find out what she had.

She later shared a video on the experience on her TikTok account, which has 10.1k followers. The video immediately went viral, reaching an audience of 5.3 million viewers, reports SchengenVisaInfo.com.

“Everyone: You should really get travel health insurance. Me: Well, I’m healthy,

How High Medical Bills Are in Every State

09/05/2023binomo

The high cost of healthcare can cause financial hardships for individuals and families in the US According to Forbes Advisor, healthcare costs averaged $10,000 per person in 2020. Due to the expense, people make decisions like delaying medical care, forgoing prescriptions and opting out of medical procedures.

Read: 8 Best New Grocery Items at Dollar Tree To Help Combat Inflation
Learn: How To Build Your Savings From Scratch

To find out which states are the most and least expensive when it comes to medical care, GOBankingRates looked at healthcare cost data Forbes Advisor compiled across 11

Remarriage and Estate Planning – Rickard & Associates

05/05/2023binomo

If you are getting remarried, it is essential to understand your spouse’s inheritance rights.

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Before you get married for a second or third time, you want to be aware of the rights your spouse will have to your estate and vice versa.

You may want to work with an attorney to draft a prenuptial agreement, prior to exchanging vows.

Then, you want to be familiar with the intestacy laws in

House votes to override Gov. Burgum’s veto on the health insurance bill

03/05/2023binomo

(KXNET) — Governor Doug Burgum used his veto power to try and kill a plan relating to health insurance plans.

On Monday, House Bill 1416 was brought back, and lawmakers voted unanimously to override that veto.

The bill seeks to create freedom of choice for people looking for a health insurance plan and says that a health insurance company (including Medicaid) may not obstruct a person’s choice by excluding a provider who is both within a person’s coverage area and qualified to oversee a person’s health plan.

“We have integrated healthcare systems in

What Does the End of the Public Health Emergency Mean?

03/05/2023binomo

The national Public Health Emergency (PHE) for COVID-19 ends on May 11, 2023.

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The end of the public health emergency brings a variety of changes to the healthcare system.

Most of the remaining federal COVID-19 vaccine requirements will end for federal workers, contractors and foreign air travelers.

The government is also lifting requirements for Head Start educators and healthcare workers.

Free COVID-19 vaccines and tests will no longer be provided

What to know about DACA health insurance policy changes

30/04/2023binomo

For many Deferred Action for Childhood Arrivals (DACA recipients, also known as Dreamers), access to affordable healthcare has been a significant challenge. These immigrants have often been forced to go without insurance or rely on emergency room visits as their only source of medical care.

That made it great to hear from President Joe Biden last week that DACA recipients will soon be able to access the Affordable Care Act (ACA) and Medicaid benefits. With this new policy, DACA recipients will be able to gain access to primary care, preventive services, and prescription medications.

This decision will have a significant

I Don’t Have an Estate Plan…Right?

29/04/2023binomo

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.

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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