Health Insurance

Is Your Practice Fraudulently Billing?

16/02/2023binomo

Most of our clients would obviously answer ‘no’, however, some providers are submitting bills incorrectly and could be subjecting themselves to hefty fines.

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Recently, a Florida Cardiology group and 10 of its physicians agreed to pay $2 million to settle False Claims Act allegations.

According to the settlement, the group submitted inflated claims to Medicare and Medicaid and billed for services while they were outside of the United States.

Whistleblowers

State economists gather to review children’s health insurance enrollment program

14/02/2023binomo

Florida’s top economists agree enrollment in the Florida KidCare program will increase in the months ahead as the state begins to remove people from Medicaid as part of the end of the public health emergency associated with COVID-19.

the group of economists tasked with keeping tabs on Florida health care programs concluded that KidCare, a subsidized health care program for children, will see its enrollment grow as Medicaid begins to pare back its enrollment to pre-pandemic levels.

Economists agreed enrollment in one component of KidCare — Florida Healthy Kids — will increase by 22,214 people in May and June.

Enrollment

How Can I Protect My Children in Estate Planning?

10/02/2023binomo

Many of our clients have concerns related to their children when planning estates. Concerns can range from making sure they are taken care of financially, choosing appropriate guardians, and more.

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Some of our clients biggest concerns are:

I don’t want my child to blow all the money they inherit right away. We always tell clients the best way to ruin a great kid is by giving them tons of money.

Oklahomans with commercial health insurance have had a hard time finding mental health care, the report says

10/02/2023binomo

WHAT THE REPORT SUGGESTS WE DO ABOUT IT. THE BIGGEST PROBLEM IS HEALTHY MINDS SAYS THEY RAN INTO WAS PATIENTS NOT BEING ABLE TO REACH PROVIDERS EASILY. ABOUT 30% OF THE TIME, THE PHONE NUMBERS LISTED IN THE DIRECTORY WERE INACCURATE AND YOU WOULD GET A DEADLINE BEEPING IF YOU CALL THE PHONE LINE. ACCORDING TO HEALTHY MINDS, THE MAJORITY OF PEOPLE IN OKLAHOMA USE COMMERCIAL HEALTH INSURANCE INSTEAD OF PUBLICLY FUNDED HEALTH PROGRAMS. WE FOUND THAT THE PROVIDERS WHO ARE ACTIVE IN THE NETWORK ALSO STRUGGLED TO GET PATIENTS IN IN A TIMELY MANNER, WHICH MEANS THERE AREN’T ENOUGH …

Health insurance evolves to suit millennial needs

08/02/2023binomo

India has a major share of the millennial demographic — 34% of the total population — to be precise. While this might be a significant percentage, before the pandemic struck, this consumer segment is seldom considered having an adequate insurance policy.

The pandemic has brought about an irreversible revolution in the insurance industry, and also accelerated the awareness level, regardless of age.

The rise in health emergencies, transcending age groups, has sounded a caution alarm for youngsters to be prepared with a safety shield as well.

Fortunately, the insurance ecosystem is working in tandem with this transition to effectively cater

Where Do Healthcare Breaches Come From?

08/02/2023binomo

While we have seen an increase in healthcare data breaches stemming from vendor vulnerabilities, there can be a variety of sources.

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Recent breaches have demonstrated various sources of data breaches.

One source is from vendors and vendor tools.

We have seen a large uptick in vendor cyber attacks, as cybercriminals have found it easier to hack vendors than the healthcare entities directly. Many vendors have less security measures in place

The Crucial Role of Health in Modern Society

07/02/202304/12/2024binomo

Health is often regarded as the ultimate treasure in life, shaping how we live, interact, and experience the world. More than just the absence of disease, health is a state of complete physical, mental, and social well-being. In a fast-paced world, where daily challenges continue to multiply, maintaining health is more important than ever. With the convergence of environmental stressors, technological advancements, and shifting social dynamics, health has become a cornerstone of human resilience. Understanding its many dimensions and the strategies to nurture it can empower individuals to lead more fulfilling and productive lives.

Understanding Health: A Multifaceted Concept

When …

Can alcoholics and smokers buy health and life insurance? Here’s how

05/02/2023binomo

Both drinking and smoking have been proven to cause detrimental effects on health. The age-old adage,”Too much of everything is bad”, holds true for smokers and alcoholics alike. But can such people buy health or life insurance?

This article delves deeper into the truth. It is a gospel truth that people with excessive drinking and smoking may be under immense health hazards, but that doesn’t take away their right to buy insurance.

Life insurance can be purchased by paying an extra premium, for health insurance, the company usually determines the eligibility of a person based on their consumption or medical