Category Archives: Health Care

Health Care Administration Career Courses Online

The health care industry is filled with doctors, nurses, and technicians that need to be able to work in a smoothly ran office. Health care administrators are generally hired to focus on the decision making side of a medical facility. Online colleges offer an abundant amount of courses within their degree programs to prepare students for their role as a leader.

The overall duties of an administrator are to oversee, plan, and manage the distribution of health services by medical professionals. Students interested in exploring an online degree will find that courses teach how to maintain the operation of multiple areas within a facility. Work may consist of directly working with employees, finance practices, database procedures, and ethical responsibilities. Students learn how to complete these tasks and understand the medical field through courses on a variety of subjects. Online training programs may incorporate courses that include:

*The Health Care System

Students can expect to study the delivery system of health care. Online course elements include the team, group practice, state direct care, long-term care, and much more. The coordinating and health planning of a facility and its employees prepares students to understand their role as an administrator. Trends, issue, and solutions are all considered in a course like this.

*Health Care Organization

The theories relating to the environment, goal, structure, and procedure of a facility are discussed in regards to organization from a managerial standpoint. Students learn to prepare for organizational changes by studying the factors that may contribute to a shift in health care delivery. The goal of this kind of course is to prepare students to understand how to respond in organizational situations.

*Financial Management

The accounting and finance of a health care facility is discussed, which helps students understand how to make managerial decisions. The management of cash analysis, risk, investment, and debt is looked at to help students understand an administrator’s role in the accounting side of the career.

*Global Health Care

Online programs that include this type of course analyze the governmental, social, political, and economic factors that affect the system. The structure of globalization of health care is determined as students research recent trends in the field. Comparative data is assessed along with the feasibility of monitoring global health and delivery.

Depending on the focus of schooling students may also work through courses on health law, computer operation, medical terminology, and more. Professionals typically enter the field with a bachelor’s degree and continue education online at the master’s degree level to gain upper level management positions. Associate to doctorate degree programs are available in many areas that include health management, health services administration, and hospital unit coordinator.

Many accredited online programs can be started at the time of enrollment allowing students to enter education today. Schools and colleges that carry full accreditation can provide proof that they offer a quality education.

Health Care Reporting Requirements for Business

Smart business owners know the importance of keeping good records. The Affordable Care Act has created one more incentive for employers to keep abreast of sometimes complicated reporting requirements, by requiring them to provide information about company-provided health care to both their employees and the government.

Not all of the law’s employer responsibility provisions have been implemented yet. Nevertheless, it makes good business sense to establish effective systems to meet obligations that are likely to be rolled out soon. Acting early will give business owners more time to iron out any wrinkles before the law comes to bear.

Reporting to Employees

The Affordable Care Act requires most employers to report the cost of any employer-sponsored group health plan on employee Forms W-2. This requirement applies to all employers who provide what the government defines as “applicable coverage,” even if the employers are religious organizations or are not subject to Consolidated Omnibus Budget Reconciliation Act (COBRA) requirements. Small businesses issuing fewer than 250 Forms W-2 total are exempt from the reporting requirement until further guidance is issued.

For businesses subject to the rules, the amount reported in Box 12 of Form W-2 must include both the employer and employee portions of the plan’s cost. Certain forms of coverage must be reported, while other forms are either optional or excluded. For more information, see the IRS’ full chart of reporting requirements. (1)

Affected employers are not required to issue Forms W-2 to workers who would not normally receive one, such as retirees, simply to fulfill the requirement. For terminated employees, employers may use any reasonable method to report partial-year coverage, as long as the method is applied consistently. For employees who voluntarily leave and request Forms W-2 in writing prior to year-end, employers must provide the forms within 30 days of the request, but are not required to report the health benefit amounts.

Proposed Section 6056 regulations from the Internal Revenue Service would mainly affect reporting to the Service, though they would also require employers to notify employees in writing of any employee-related information shared with the IRS. These statements will need to be provided annually by January 31. Note that these regulations are still under discussion, and that there is a chance Form W-2 reporting alone could satisfy the requirement. Nevertheless, employers should pay attention to how the final regulations are worded.

Employers subject to the Fair Labor Standards Act have a responsibility to provide all new employees, both part- and full-time, with a written notice pertaining to the Health Insurance Marketplace. These employers include federal, state and local government agencies; hospitals and institutions engaged primarily in the care of the sick, the aged or the developmentally disabled who live on the premises; preschools, elementary and secondary schools, postsecondary institutions of higher learning and schools for gifted children; and companies or organizations with annual sales of receipts over $500,000.

The Health Insurance Marketplace, often referred to as the exchanges, may provide alternatives that cost less than the employer-provided health care plan, if any. Employers must make clear that employer contributions, if any, may be lost if the new employee chooses to pursue private insurance instead. Employers may satisfy the notice requirement through third-party entities, such as insurers or multiemployer health plans, as long as every new employee receives such a notice regardless of whether he or she plans to enroll in the company health care plan.

Finally, any employer providing a health care option must also furnish employees with a standard Summary of Benefits and Coverage (SBC) form. This form explains what services and care the plan does and does not cover. It also lays out the plan’s cost clearly.

Reporting to the IRS

As previously mentioned, the Affordable Care Act introduced new reporting guidelines for employers, known as Section 6056 rules, which mainly affect how employers will report to the IRS. Last September, the Treasury issued proposed regulations to provide further guidance on how businesses should observe the rules; the final regulations were released in mid-February. For the most part, these regulations only apply to employers that had 50 or more full-time employees (or full-time equivalent employees) for the prior year.

Affected large employers must file a return with the IRS reporting certain information for every employee who was full-time for at least one month during the calendar year, including:

The employee’s name
The employee’s address
The employee’s Taxpayer Identification Number (TIN)
Information about the health care coverage offered to each employee by month, including
What coverage was available
The employee’s share of the lowest-cost, self-only premium
Which months, if any, the employee was actually covered under the plan

The return will also specify how many employees the business had each month in the calendar year. These requirements are currently scheduled to take effect in 2015.

In addition to Section 6056 rules, certain employers may also fall subject to Section 6055 rules, regardless of size. These rules mainly apply to institutions providing health insurance, such as insurers. However, businesses that self-insure may also need to follow these rules. Affected businesses must provide information for each individual enrolled in minimum essential coverage, including the individual’s name, taxpayer ID number and the months in which the individual received coverage.

The IRS is currently considering allowing Section 6055 and Section 6056 reporting to be submitted together for organizations subject to both sets of rules. However, this concession has not yet been granted. Like Section 6056 rules, Section 6055 rules are scheduled to become mandatory in 2015, but are optional in 2014.

Employers that self-insure may also fall subject to the Patient-Centered Outcomes Research Trust Fund fee (the PCORI fee). The fee applies to policy years ending after September 30, 2012 and before October 1, 2019, and is equal to the product of the average number of individuals covered for the year and the applicable dollar amount. Organizations subject to the fee will need to file Form 720 annually to report and pay the fee.

If any of a business’ employees are liable for the Additional Medicare Tax, employers will also need to withhold the tax, set at 0.9 percent, and report the withholding. The threshold earnings amount to determine the tax liability is $200,000 for single filers and $250,000 for married taxpayers filing jointly. This tax should not be confused with the Net Investment Income Tax (NIIT), which is also sometimes called the Medicare surtax. The NIIT does not affect wages and is not the employer’s responsibility.

While small businesses are largely exempt from these mandatory reporting requirements, businesses with fewer than 25 full-time employees may wish to secure a tax credit for voluntarily providing health care coverage to their workers. Qualifying businesses will need to apply for the credit using Form 8941.

Self-employed individuals may also be eligible for a tax deduction for the cost of their health care. However, the Affordable Care Act has made this deduction solely applicable to income taxes, whereas in the past a deduction against self-employment taxes was available. Eligibility for this deduction is determined on a month-by-month basis.

Reporting to States

Certain states may have their own health care reporting requirements. For example, Massachusetts-based employers with 11 or more employees must file an Employer Health Insurance Responsibility Disclosure and an Employee Health Insurance Responsibility Disclosure for each employee. While these rules are not a product of the Affordable Care Act, employers should take care to comply with all state-specific reporting requirements as well as with federal rules.

As with most parts of the Affordable Care Act, reporting requirements will remain a moving target for some time. As a result, satisfying all of the rules may be a challenge for some employers, at least in the near term. However, the sooner you begin, the sooner you will be able to identify the more difficult rules to follow and develop adequate systems to address them, regardless of whether regulators extend leniency for what is technically required.

Health Care Administration Career Possibilities

Students can pursue their interests in health and business by completing educational training in health care administration. Schools provide students with the skills needed to manage medical systems. Through this specialized understanding of the field students will have many health care administration career possibilities.

Several main career fields exist in this industry and students can enter one with the correct education. The main focal point of each area is working to provide a smoothly ran medical office, which branches out to include many aspects of the health industry. Possible career options include:

* Health Care Administration

Professionals work at a variety of management levels to oversee different components of health care. Managers are trained to properly handle the continually changing and expanding world of healthcare. The supervision of employees, analyzing charts, working with human resources, and monitoring finances are main job duties. Job responsibility will change depending on the facility professional’s work for.

* Geriatric Care Management

Providing help and counsel to elderly people at their home or inside a facility makes up the overall job description for this career field. Professionals coordinate all services provided by the government, insurance, home health care, or assisted living agencies. Professionals work with the business and human service side of this field to properly care for the geriatric community.

* Health Management

Leadership and organizational skills are used at a high level as professionals work to maximize the potential of facilities. This often includes staying current with new technologies, medical treatments, and providing positive health environments for patients and employees at a facility.

* Hospital Unit Coordinator

Careers in this field have professionals working on non-clinical duties inside medical facilities. Coordinators answer phones, take messages, transfer discharges, and file paperwork for admissions. Professionals work with patients before and after their visit to obtain a complete medical history. The goal is to help make a hospital run smoothly.

Within these main career fields students will be able to enter job opportunities at several levels. The broad spectrum of careers is a direct result of the schooling that students complete. Education is obtainable at every level allowing students to complete programs for specific careers. Undergraduate degrees typically prepare students for entry-level careers such as medical secretaries and health information managers. Graduate degree programs prepare students to become executive administrators, consultants, and directors.

Through coursework students develop a strong skill set that helps them transition into careers with ease. Course topics examined will be determined by the degree level and area of concentration students enter. Some possible courses include:

Health Care Finance
Global Health Issues
Record Keeping
Health Care Policy

Completing a health care degree program is the best way for students to enter careers that match their interests. The health industry is complex, which requires students to have a formal education.