These days, more employees than ever have access to "employee assistance programs" (EAPs) that can provide these individuals with a limited number of low- or no-cost consultations with therapists, counselors, and other mental health professionals. After the "free" EAP visits are exhausted, patients may opt to continue seeking services and either pay out of pocket or have the bill sent to their primary insurance provider.
While this arrangement is beneficial to those who would like to try out a new counselor or who may have trouble affording the pre-insurance cost of therapy, it can be a recordkeeping nightmare for behavioral health employees.
Using MACRA software from a company like C3 Partners to comply with the Medicare Access and CHIP Reathorization Act can make any necessary transitions effortless and more organized. However, it can at first seem overwhelming to make changes in the way your office collects Medicare payments by shifting over to unfamiliar software.
The following are six mistakes to avoid when you start out with MACRA software to make the transition as effortless and successful as possible:
If you are just beginning to save for retirement, then you may be overwhelmed by all of your retirement investment account options. Two types of retirement investment accounts many new investors consider are 401(k)s and annuities. While you can invest in both, it is important to know the difference between the two in case you want to start saving for retirement by investing in just one fund.
Read on to learn the difference between annuities and 401(k) accounts and the main two steps to choosing the annuity that is right for you.
Many people are in a lot of debt from credit cards and loans. If you are one of these people, it could be a good idea to take out a debt consolidation loan. With this type of loan, you will typically take out a loan that is large enough to cover all of your debts, other than the big ones, such as your student loans, your car loan, and your mortgage.
Most people are very familiar with the common tenets of financial planning, such as spend less than you earn and max out your retirement savings. However, there are a few pieces of advice that aren't passed around as often. Here are two things you need to factor in when organizing your money moves to meet your financial goals.
Look Out for Tax Advantages
Most people would prefer not to think about their taxes unless they absolutely have to, and it's not just because people hate having to dash off a check to the government.