NEUHAUS CPAs OCTOBER 2023 NEWSLETTER

Neuhaus CPAs

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Coming Soon: Changes to the 401(k) Plan Participation Rules
The 401(k) plan participation rules for part-time employees have become a moving target under the Setting Every Community Up for Retirement Enhancement (SECURE) Act and its sequel, SECURE 2.0. Here’s a summary of three impending changes that part-timers should know about and plan administrators should be aware of to stay in compliance with the new laws.

 

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Reasons Why Patients Change Doctors and Ideas to Stop the Departures
While it’s not uncommon for doctors to “fire” uncooperative or non-paying patients, the reverse can happen, too. Patients can become dissatisfied with their current doctors and switch to new practices. Obviously, this isn’t good for a physician’s pocketbook or reputation. Here are seven reasons why patients switch to a new doctor and offers ideas for fixing these problems.

 

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Charting Your Way to Success
Salespeople may sometimes have difficulty deciding how to spend their time and concentrate their efforts. This article describes a way to numerically rate sales prospects to determine if they’re willing to pursue. Another method shows how you can chart the progress of your sales staff in moving from an initial call to a completed sale and a satisfied customer.

 

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Complying with HIPAA Privacy Rules if Your Business Has a Self-Insured Health Plan
The questions we’ll answer in this article are:
1. Does Hiring a Third Party to Conduct Electronic Health Plan Transactions Absolve a Self-Insured Health Plan of HIPAA Liability?
2. How Should a Self-Insured Health Plan Implement Access Control Under the HIPAA Security Rule?

 

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