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Does Divorce Change My Estate Plan?

15/04/2023binomo

Yes! Even if you don’t have a written estate plan, you have an estate plan per the laws of your state. If you get divorced, the nature of your estate plan will change.

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If you have a written estate plan and get divorced, once your divorce is final, you need to update your plan.

It is likely your divorce may change things such as your:

legal name,
Trustees,
beneficiaries,
Power

GMHBA Shows the Honest Reasons We Need Health Insurance in New Brand Campaign via Howatson+Company

25/03/2023binomo

GMHBA Health Insurance has launched their latest brand work via Howatson+Company to show Australians that they’ll protect their members, for the life they choose, and the one they don’t.

The campaign, shot by award-winning director Matthew Thorne of Pool Collective, shines an empathetic light on the stories of everyday Australians in a way that’s not often represented in the category. From growing faster than they had planned, to those families who might be more fragile than they look.

Helen Stevens, Chief Marketing Officer at GMHBA, said, “It was really important that we created a campaign that expressed who we are

What is a Power of Attorney?

18/03/2023binomo

Many of our clients have heard of the powers of attorney, but do not know what they actually entail.

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It is important to know that there are different types of powers of attorney, however, they are all legal documents that allow you to pick an agent or attorney-in-fact on your behalf.

Powers of attorney allow another person to make financial, legal, and medical decisions for you, depending on the type.

Can Your EHR Template Land You in Prison?

16/03/2023binomo

If your electronic health record (EHR) template is set up incorrectly and leads you to be billed improperly, it could lead to prison time.

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In recent years, we have heard from many of our clients that their compliance plans received less attention than normal due to the pandemic, staffing issues, and other pressing concerns.

However, compliance enforcement is ongoing and it is essential to prioritize your compliance plan.

A Delaware

Health care bills aim to reform insurance, Medicaid reimbursement rates

13/03/2023binomo

A slew of health care bills moving through the legislature target high prices for Hoosiers by encouraging competition and restructuring how the state pays for services under Medicaid.

But critics say the bills don’t go far enough and more is needed to reform the system – especially for government insurance reimbursement rates.

Bills in the House

In the House Chamber, lawmakers sent two health care bills – both caucus priorities for Republicans – for consideration in the Senate.

The first bill attempts to navigate the complexity of health insurance while the second penalizes hospitals for high prices.

Under House Bill

How long should Texas extend Medicaid coverage after childbirth? : Shots

10/03/2023binomo

When Victoria Ferrell Ortiz had her daughter in 2017, she was covered by a limited form of Medicaid in Texas — which ended just two months after she gave birth. Losing insurance so soon was stressful. She supports a push for Texas to extend Medicaid coverage for a full year after childbirth.

Yfat Yossifor / APE

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Yfat Yossifor / APE

What Happens When You Don’t Fund Your Trust?

10/03/2023binomo

After you work with your estate planning attorney to draft a carefully tailored estate plan, it is usually your responsibility to “fund” the trust.

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What does funding the trust mean?

Funding the trust is simply transferring assets into your trust.

If you have a trust, you will want to put your assets into the trust, by retitling bank accounts, re-designating beneficiaries of life insurance, etc. We walk our clients through

What is the Cost of a Data Breach?

08/03/2023binomo

A recent study found that the total average cost of a healthcare breach is $10.10 million. Can your healthcare practice afford a breach?

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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