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  • Sep, Mon, 2024

Are You Ready for DOJ Enforcement?

Last year, the Department of Justice (DOJ) recouped $2.2 billion in False Claims Act (FCA) settlements and judgments.

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The DOJ stressed that the FCA is one of the most important tools for ensuring public funds are spent properly.

Over 77% of recovered funds were healthcare funds.

What types of claims resulted in settlements and actions?

  • COVID-19 fraud – these were related to improper use of government funds related to the
  • Aug, Thu, 2024

Chinese Protests Over Health Insurance Underscore Risks for Xi

(Bloomberg) — Chinese pensioners returned to the streets of Wuhan to protest changes to their medical benefits, highlighting the challenge confronting President Xi Jinping’s government following historic anti-lockdown demonstrations in November.

Photos and videos taken in Wuhan on Wednesday showed a large group of people gathered under an overpass singing and chanting, despite a heavy police presence. Hundreds of people and rows of police outside the city’s Zhongshan Park were also seen in photos shared on China’s Weibo microblogging platform.

Hours later, the online footage has largely disappeared, with searches for “Zhongshan Park” and “Wuhan medical insurance reform” on Weibo

  • Aug, Tue, 2024

Retirees in China hold rare protests against health insurance reforms : NPR

Demonstrators gather outside Zhongshan Park in Wuhan, China, to protest changes to medical benefits, on Wednesday, in this still image from social media video obtained by Reuters.

Social media via Reuters


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Social media via Reuters


Demonstrators gather outside Zhongshan Park in Wuhan, China, to protest changes to medical benefits, on Wednesday, in this still image from social media video obtained by Reuters.

Social media via Reuters

TAIPEI, Taiwan — Retirees have taken to the streets in two cities in China in recent days in rare protests against the most significant health care reforms in over two

  • Aug, Mon, 2024

Wuhan, China: Elderly residents protest health insurance cuts


Hong Kong
CNN

A protest broke out in central China’s Wuhan on Wednesday as elderly residents showed their discontent with a local government reform to public health insurance that came into effect earlier this month.

Photos and videos of the demonstration in Wuhan circulating on social media and seen by CNN show a large crowd of elderly people gathering in front of a city center park to express dissatisfaction with a cut in their medical benefits.

In some footage, the crowd can be heard singing the unofficial protest anthem “The Internationale.”

Police and government officials have yet to comment

  • Aug, Sun, 2024

How Can I Preserve Wealth for Future Generations?

Some of our clients are interested in preserving wealth for future generations, and in that instance, we sometimes recommend starting a family bank.

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A family bank is an estate planning tactic to help preserve wealth for generations to come. They can be structured in a variety of ways to meet that family’s needs, however, they are intended to help benefit a group of family members.

If our clients give their

  • Aug, Mon, 2024

Common Estate Planning Misunderstandings – Rickard & Associates

Many of our clients have preconceived notions about estate planning. We often hear many of the same questions and assumptions, over and over.

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We often hear the same misconceptions regarding estate planning.

Here are a few of the common misconceptions surrounding estate planning:

  1. Misconception: A Will helps to avoid probate court. This is false. A will almost certainly guarantees that your estate will wind up in probate court. You then
  • Aug, Mon, 2024

Does health insurance cover Ozempic and Wegovy?

A new generation of weight-loss drugs presents an opportunity to improve the health of millions of Americans — and a challenge for the nation’s health care system that will have to figure out how to afford them.

The demand for these drugs is proving to be extraordinary. Last week, Novo Nordisk announced it would temporarily stop advertising Wegovy, a diabetes medication that was approved for weight loss in 2021, to prevent high demand from leading to a shortage. Its sister drug with the same active ingredient, Ozempic, is not approved for weight loss but is in high demand for off-label

  • Aug, Mon, 2024

Why Travel Medical Insurance Is Essential – Forbes Advisor Canada

What is covered and excluded by a travel medical insurance plan will depend on the travel insurance company. Here are some common exclusions.

Pre-existing conditions

How pre-existing conditions are covered will vary by travel insurance company, and one insurer might define a “pre-existing condition” differently than the next. Some insurance companies will take a look at your past medical history to determine if a condition was present during a period that could range from 90 days to one year ago, depending on the policy.

Your travel insurer will require you to meet certain requirements before it will cover expenses due