Showing posts with label healthcare. Show all posts
Showing posts with label healthcare. Show all posts

Friday, March 18, 2016

In Support of the National Health Services Corp.

This blog will focus on taking a closer look into the National Health Services Corps (NHSC).




The purpose of this post is to help assist those with questions they have concerning their business or medical practice. The Callagy Law team is knowledgeable in many law practice areas and will frequently post topics ranging from Medical Revenue Recovery, PIP, Workers Compensation, and Commercial Insurance. We hope to have this blog shed a light on many common questions.



Inner-city and rural populations in America often lack access to quality, primary health care. Indeed, these “underserved” communities, defined as having 2,000 or more persons per one physician, suffer the consequences of an ongoing trend toward over-specialization of physicians and young doctors flocking to more lucrative practices in more exclusive metropolitan areas.  Like so much else in poor rural communities and under-privileged inner-city America, health care needs to greatly improve.


This trend toward over-specialization of physicians and physicians seeking more lucrative metropolitan practices began in the 1950’s.  In response, the United States government, under the Nixon Administration, began the National Health Service Corps (NHSC), an organization providing scholarships and other financial aid incentives to entice young physicians to practice in these underserved communities.  Although the program was relatively successful, budget cuts and decreased enrollment in the program during the 1980’s limited the program’s effectiveness, leaving too many rural and inner city communities still underserved.


In defense of the physician community, it is understandable how this situation has developed.  The average indebtedness of medical school graduates is now over $160,000, and, as a result, the lower paying primary care fields are not high on the career wish-list of medical school graduates.


Fortunately, the NHSC has seen a recent “renaissance” under the administrations of George W. Bush and Barak Obama, with increased funding (the NHSC received a $240-million-dollar grant this past October) and enrollment (NHSC membership doubled from 2008 through 2011). While primary care physicians are still paid less than specialties, such as urology or cardiology, the prospect of graduating with limited or no medical school debt appears to be enticing enough to newly-graduated physicians that we could soon begin to see a significant decrease in the number of underserved communities across the United States.


There still exists the additional problem of access to specialized care in these communities, but establishing a base of rural and inner-city primary care physicians is invaluable.  It seems apparent that the continued growth of the NHSC is vital to making sure that, one day, every American has access to quality health care, regardless of location or background.



 


Callagy Law writes content that we hope may be applied to your professional and personal lives. Business law and personal needs can walk hand in hand. Callagy Law is aggressive, intelligent, and a results driven law firm, located conveniently in Paramus, NJ, with offices nationwide. President and Founder, Sean Callagy takes pride in having high standards of his firm, above and beyond the norm of traditional law firms. Contact us today here with any questions you have regarding your matters. Feel free to search us on Facebook, Twitter or LinkedIn! Additionally you can subscribe to our daily videos on YouTube.



 


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In Support of the National Health Services Corp. #CallagyLaw, #Healthcare, #HealthcareNews, #NationalHealthServiceCorps, #Nhsc

Friday, September 25, 2015

How Do Businesses Ensure Compliance When Picking Healthcare Plans?

New and existing small businesses have to consider if they will offer health insurance and if so the owner must pick the specific benefits for the company.  Under the Affordable Care Act individuals and businesses have new rights and responsibilities regarding health care insurance.


 


The ACA has instituted new requirements involving various parts of employer-sponsored health care insurance including waiting periods, tax credits, and disclosure rules for employees.  Owners and managers of small businesses should be aware of the legal requirements surrounding these regulations to ensure compliance.


 


Waiting Periods


 


Under current law, employers who offer health insurance cannot have waiting periods longer than 90 days.  Employers occasionally use waiting periods before issuing health insurance to employees.  These waiting periods can be to avoid providing costly health insurance to probationary employees before they are hired permanently.  Alternatively, waiting periods are sometimes used for employees who are in training periods or have started on a part-time or temporary basis but are moving to a full-time role.  Of course, employees must still meet other eligibility criteria in order to obtain the employer-based health insurance.


 


Tax Credits


 


For small employers, with fewer than 25 full-time equivalent employees, the Federal government may provide tax credits.  Businesses that pay average wages below $50,000 and contribute 50% or more to its employees health insurance premiums, and buy insurance through the small business insurance marketplace may be eligible for the tax credits.  The tax credits may equal up to 50% of the employer’s insurance premium costs.


 


Notably, employers do not have to provide coverage to employee dependents or to part-time employees.


 


Alternatively, employers who fail to meet IRS requirements with regard to offering health insurance, may face financial penalties.


 


Disclosures


 


Employers are now required to provide employees with summary of benefits documents that explain the benefits of the health insurance plan, such as what is covered and what the cost sharing between the employer and employee are under the plan.  The coinsurance, copays, and deductibles for individual services as well as annual and lifetime levels are likely going to be included in the summary documents.


 


Insurance carriers will draft the benefit summary document, which may be based off of a standardized document for small group insurance plans or it may be customized for a particular business.  Employers should familiarize themselves with the documents to ensure that they comply with the contract that the business signed with the carrier and so that they can communicate knowledgeably with employees who may have questions about benefits under the health plan.


 


Employers should note that they may face penalties for failing to comply with the disclosure requirement.


 


Contact a knowledgeable Lawyer for Assistance


 


Treading into the field of Federal and local regulatory law can be confusing for busy business owners.  The experienced and dedicated attorneys at Callagy Law are ready to help answer your questions about forming a business or ensuring that your existing business is in compliance with the law.  Contact the team here at Callagy Law today for legal guidance.


 


You may also be interested in these Callagy Law Blogs:


 


Medical Provider, Heal Thyself: Information on the Affordable Care Act


Citizens United and Hypocrisies


Is Obamacare in the Supreme Court Again?


 


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How Do Businesses Ensure Compliance When Picking Healthcare Plans? #Callagylaw, #Healthcare, #Information, #Insurance, #LawFirm, #Lawyer, #Plans, #SeanCallagy, #SeanRCallagy

Wednesday, June 24, 2015

Google Genomics adds Broad Institute"s DNA analysis toolkit

NEW YORK (Reuters) – Google Genomics, the cloud-based computing business that is racing to increase its share of online DNA analytics, on Wednesday began offering a cloud service version of the popular DNA analysis software from the Broad Institute, a biomedical research organization.


The Google Inc research tie-up comes as academic institutions and healthcare companies are choosing between Google and other technology companies, like Amazon.com Inc, Microsoft Corp andInternational Business Machines Corp, to host and analyze genetic databases as they look to cure diseases. That sector could be worth $1 billion by 2018, analysts say.


The Broad Institute is made up of scientists from Harvard University, MIT and Harvard-affiliated hospitals. Its Genomic Analysis Tool Kit, or GATK, is used to analyze genomic sequencing data and has been downloaded 20,000 times by researchers and businesses, Broad’s Chief Operating Officer Samantha Singer said in an interview.


Learning how to use the software is complicated and is taught as part of academic biomedical curricula.


The service will take over configuring the technical specifications and demands of the software, Google said. It said it has not yet set a price for the service and will include it in its cloud computing fees at the start.


The agreement is the first of its kind but is not exclusive, the companies said.


(Reporting by Caroline Humer; Editing by Nick Zieminski)


Read more here.


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Google Genomics adds Broad Institute"s DNA analysis toolkit #Amazon, #Dna, #Google, #Healthcare, #Microsoft, #MIT, #Software, #Technology

Tuesday, January 27, 2015

Callagy Law: Healthcare Law Services

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Callagy Law offers many healthcare law services. Click here to find out more about our practice areas.



Callagy Law: Healthcare Law Services #Healthcare, #Law, #Lawyer, #Medical, #Pip, #Providers