Tag: best health insurance

Physician Contracting 101 – Rickard & Associates

Physician contracts are often complicated and have unique terms. We help our clients understand the terms and negotiate their contracts.

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Many of our clients are physicians who are negotiating or renegotiating their employment contracts with their employers. Sometimes these are with health systems, hospitals, or small physician offices.

We also have clients come to us with issues after they negotiated their own contracts.

Physician contracts are unique, as they have standard employment terms, healthcare terms, and a variety of terms from the employer related to the employer, the specialty, productivity and more.

When reviewing your physician contract, make sure that you fully understand the following:

  1. Termination provisions. How can your employer terminate your agreement and how much notice are you
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Laid off? 11 things you should know about your health care.

If you have been putting money into a Flexible Spending Account, or FSA, be aware there is a “use it or lose it” policy that requires you to use the money within a certain amount of time, and you can use it only for expenses happened during your employment, said Sarah Michalczuk, founder and chief executive of Predictability, a tool to help consumers compare health insurance options. Find receipts for drugstore purchases such as pain relievers, cold medicines and tampons, glasses, contact lenses, skin-care products and health technology, and get reimbursed from your FSA.

There are no stipulations on when you must spend the money in your Health Savings Account, or HSA. There are rules, however, regarding when you put money into it, Michalczuk said. You can contribute to your HSA only while you are on a qualifying High-Deductible Health Plan (HDHP), she said.

Your employer should be able to

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