Category Archives: Physician & Employee Benefits

Business Overhead Coverage for Multi-Partner Practices

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By Wes Caldwell What is Business Overhead Expense? Business overhead expense (BOE) disability coverage reimburses the practice for the fixed practice expenses attributable to the disabled physician. The policy is short term in nature with a 60 to 90 day waiting period and a 12 to 24 month benefit period. For the solo practitioner, it

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401K Plan Liabilities Increasing Significantly for Employers

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By Wes Caldwell Most medical practices don’t know about the significant liability they have regarding their 401k plans and, even worse, almost none know how the government is dramatically increasing its enforcement actions.  I have talked with many medical practices who think that the service provider or plan administrator has the fiduciary responsibility for their

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