Breaking News

Resurgence of defined benefit plans

A defined benefit plan will be attractive to a physician practice in which the physician is moderately close to retirement and has experienced a longer period of service, particularly in those cases in which the other participants are not close to retirement and have not experienced longer periods of service.

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Understanding COBRA coverage

COBRA provides certain former employees, retirees, spouses, former spouses, and dependent children the right to temporary continuation of health coverage at group rates. However, it is only available when coverage is lost due to specific qualifying events.

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Role of productivity in compensation arrangements

How physicians are paid in relationship to others in their practice can range from a "purely equal" approach that pays all "full partners" the same amount of compensation, to the other extreme of paying compensation purely on the basis of relative productivity. There are pros and cons to either approach.

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Medical practice split-up considerations

Although the facts and circumstances surrounding if, when and how a group practice may implode are unpredictable, physicians together with practice legal counsel, can take certain steps to prepare for that eventuality, even if they believe it to be unlikely.

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