Altiqe Consulting

More Providers Charging for Some Health Portal Services

As more health services are being rendered through providers’ patient portals and telemedicine, some providers are starting to bill for some of those interactions. A number of health systems around the country have started billing for certain types of messages, largely ones that are involved in clinical assessments or medical history reviews that take more …

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Employers Prioritizing Enhanced Benefits in New Year, Not Cost-Cutting

Despite group health insurance costs expected to rise 5.4% this year, the tight labor market is forcing employers to prioritize enhancing benefits over cost-cutting measures, according to a new report by Mercer. With Americans increasingly struggling to pay their health care bills, more employers are shying away from only offering their workers high-deductible health plans …

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Firms That Pay Ransom to Cyber Criminals Are Often Hit Again

A new study has found that one-third of companies that are hit with ransomware and pay the hackers to unlock their systems, are often likely to be targeted a second time. And after they pay, they are often faced with significant fallout, including system rebuilding costs, their data still being leaked and financial implications, according …

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New HSA, FSA, 401(k) Contribution Levels Set

The IRS has released the 2023 maximum contribution amounts for health savings accounts and flexible spending accounts. You’ll want to make note of the changes when discussing your employee benefits during annual open enrollment. The changes, which the IRS releases in November each year, will affect contribution limits for HSAs, FSAs and 401(k) and other …

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Why You Can’t Afford to Not Have Professional Liability Insurance

Architects, engineering firms, graphic design businesses and other service providers are increasingly being sued for alleged poor work quality, contract breach or missing deadlines — and jury awards are rising. The costs of defending against a lawsuit of that type could quickly mount, even if you come out victorious in the end. But a commercial …

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Construction Firm Tips for Avoiding Insurance Disasters

3 minute read Construction Firm Tips for Avoiding Insurance Disasters When you’re in the construction industry you already have lots to worry about: Keeping your workers safe in one of the most dangerous industries, uninsured or underinsured subcontractors, and finding experienced employees from a shrinking pool of talent. Not only that, but lawsuits lurk in …

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Spiking Materials Costs Imperil Apartment, Commercial Projects

3 minutes read Construction firms are reeling from snowballing costs of building materials due to spiking demand and supply chain snarls that are resulting in massive budget cost overruns. This is especially affecting construction businesses that are managing apartment or commercial projects. These cost overruns are imperiling profits — and risking red ink — on …

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