The government estimates that it loses some $60 billion a year to Medicare fraud and waste, and as it gears up to launch its giant health care reform program to provide affordable coverage for every American, putting a stop to this is at the top of the agenda. One of the ways Medicare officials hope to do this is by turning the 50 million beneficiaries of the senior health insurance program into fraud fighters. This summer, Medicare redoubled its efforts to get them involved by redesigning a claims statement, known as the Medicare Summary Notice, with larger print and a…
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If you’re a small business owner, youll be pleased to know that the Senate recently repealed the onerous 1099 filing provision created by the healthcare overhaul. As Gaebler reports and Robb Mandelbaum of The New York Times discusses, the Senate has passed a measure to repeal the expanded 1099 report provisions and President Obama has expressed that he would welcome the repeal. The burden of such expanded provisions is something that many small businesses have dreaded, requiring companies to file a 1099 form for each vendor with whom they spend more than $600 in goods or services over the tax…
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If you are a small business owner, health care reform has little to do with politics, and everything to do with how it impacts your business. Try telling that to our representatives in Washington, who seem to bat it about like a cat playing with a mouse. Popular opinion concludes that health care reform is a costly undertaking for small businesses. But, is “popular opinion” right? Some experts say no.In fact, some experts say health care reform is good for small business, and repeal would be harmful. A recent article from Gaebler.com, for example, claims that repeal of the healthcare…
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