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Physician Fallacies: Peeling Back the Avoidable Healthcare Costs that Lead to Debt

by Colin RhodesJanuary 21, 2020 4:00 PM

As we approach the 2020 political season, healthcare remains an eternal “hot topic” issue; one that acts as an economist’s reoccurring bad dream. Much like a bad dream, the obvious warning signs of our domestic system’s atrophy disappear into the cognition of the economist’s mind and are forgotten by mid-morning. The economist, much like the rest of the country, has an eerie feeling due to this reoccurring healthcare nightmare, but can’t quite seem to pinpoint the root of their discomfort or begin to answer the lingering paradox of “How can we make healthcare in the U.S. financially sustainable?”

The answer to that question is a large, complex, and convoluted issue to tackle. An alternative approach is to look at our ongoing mistakes as an industry and start to peel back some of the fraud, waste, and abuse at least long enough to get our collective head above water to propose a semi-legitimate long-term solution. 

A doctor pocketing money from a staggering healthcare bill. 

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Benefits

What Small Businesses Inside and Out of Georgia Can Do to Defend Against Cybersecurity Threats

by Jon NottinghamDecember 20, 2019 6:39 PM

Cybersecurity threats are real for businesses across the country, but one state is making an effort to make its citizens more knowledgeable about these dangers. Georgia Attorney General Chris Carr announced the release of Cybersecurity in Georgia to inform business owners and other individuals about potential cyber threats and how they can reduce the likelihood of these attacks. 

While the 24-page guide was aimed at business in Georgia, its message is relevant for businesses all across the country. Here’s a breakdown of what you can do to protect your business from cyber threats.

A small business owner in Georgia using a smart phone and computer set up with proper cybersecurity practices. 

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Risk Management

The Legal Requirements for Starting a Business

by Tim AustinAugust 29, 2019 2:54 PM

Starting a new business is an exciting endeavor, but it also requires a lot of preparation. Part of this process includes taking measures to make sure the business is set up properly so that you can legally conduct business. Here’s what you need to do to make sure that your new business is ready for success according to federal, state, and local regulations.

An owner starting a new business that follows state and federal regulations. 

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Human Resources

The $9 Billion-Dollar Blunder

by Colin RhodesJanuary 23, 2019 8:00 AM

A recent article written by the Wall Street Journal  outlines some startling financial data in regard to our domestic health insurers and their cryptic billing process established by CMS (Center for Medicare/Medicaid Services). Although GMS typically focuses on the private insurance markets—as they are the most relevant for businesses—examining the continued failures of CMS may provide some insight as to why our domestic healthcare system operates so poorly and why prices for both public and private health insurance markets are sky-rocketing.  

Costs associated with the U.S. healthcare system. 

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Benefits

Ways to Save on Prescription Drug Spending

by Lynn JacksonMarch 13, 2017 8:00 AM

The cost of prescription drugs in the United states continues to rise which has become a source of concern for everyone from patients to policymakers.  According to a study published in the Journal of the American Medical Association (JAMA), “Prescription medications now comprise an estimated 17% of overall personal health care services in the U.S.”  

We don’t want to think that we overpay for any goods or services. Taking time to do some research can help you save substantially on your prescriptions. Here are some tips to help save on costs.

Image of costly prescription drugs. Learn tips to save on prescription drug prices.

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