Your employee benefit plan might be hiding a problem. The payments made by your employees for optional insurance benefits might – without your knowledge – be used to subsidize or reduce your cost for other insurance benefits. If this problem is found during an audit by the Department of Labor (“DOL”), monetary penalties could be significant.
If your business involves health care, or services to health care providers, you may not be sure if you could pass a HIPAA audit. On May 7, 2014, the US Department of Health & Human Services (HHS) announced that it had levied a fine of $4.8 million against Columbia University and New York and Presbyterian …Read More
The most successful companies foresee, plan for, and take advantage of business opportunities before their competition. They also identify and make sure that they are well-prepared to avoid, or manage successfully, potential future problems, including legal problems, which could sabotage their taking full advantage of current or future business opportunities. Strauss Troy’s approach to conducting …Read More