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Drive value in health care through optimal capital allocation
WEBFor the health care industry, market forces that existed before the COVID-19 pandemic have been amplified — from cost pressures to digitization to site-of-service transformation. These market forces are compelling executives to optimize strategic planning and investments and to reconfigure operations to be successful. CFOs must face trade
Actived: 5 days ago
Kenya makes several changes to employment-related contributions
WEBAs outlined in the draft Social Health Insurance (General) Regulations, the contributions shall be as follows: Households deriving income from salaried employment are required to make a monthly statutory deduction contribution to the Social Health Insurance Fund, equivalent to 2.75% of the gross salary or wage, by the ninth day of each month.
Five trends driving the emergence of the personalized health …
WEBWhile companies and organizations long recognized the potential of new tools to capture and use data to transform health, they lacked the “burning platform” to fuel this change. The COVID-19 pandemic – and the global disruption it has caused – has demonstrated that organizations have the opportunity to become more resilient, agile …
How telehealth is helping address the challenges of COVID-19
WEBA leading American health system knew it needed to transform its operational model in order to effectively respond to changes in patient needs as a result of the COVID-19 crisis. An EY article provides details.
Tuesday, 27 July 2021 How health organizations can build and
WEBHow to construct a robust governance framework to effectively scale your organization’s use of AI. How to confirm that your AI operations team factors in EY Trust by Design methodology from the earliest stages of development. Date: Tuesday, 27 July 2021. Time: 12:00-1:00 EDT New York; 9:00-10:00 PDT Los Angeles; 18:00-19:00 CEST.
How Life Sciences 4.0 is fusing the digital and biological worlds
WEBHealth is being reimagined in ways that fuse the digital, physical and biological worlds. Increased customer expectations and rapid technological advances are reshaping the health care industry. EY’s Global Health Sciences and Wellness Industry Leader and Life Sciences Industry Leader, Pamela Spence, explains how.
Global Labor and Employment Law Strategic Topics (December …
WEBIn this edition: Reimagining work globally: key working considerations, including confidentiality and privacy . This edition of EY's Global Labor and Employment Law Strategic Topics explores the rules and must-do advice for employers that require attention to ensure the health and well-being in the workplace in 2020 and beyond.With so many …
Canada: Deadline to convert Health and Welfare Trusts to …
WEBThe Canada Revenue Agency’s (CRA) existing administrative rules with respect to Health and Welfare Trusts (HWTs) are only effective until 31 December 2021. It is important that existing HWTs consider their options to minimize their exposure to adverse tax consequences now. HWTs are vehicles for providing health and welfare benefits to …
How we can place a value on health care data
WEBEstimating the value of patient data and unlocking that value in the UK’s National Health Service can help fuel health care innovation. Pamela Spence, EY Global Health Sciences and Wellness Industry Leader and Life Sciences Industry Leader, provides details.
Insurance Premium Tax changes around the world
WEBRecent IPT changes around the world include: Belgium: With effect from 1 January 2018, the National Institute for Health Disability (INAMI) contribution charged to the policyholder for compulsory insurance policies covering accidents at work has been reduced from 3.75% to 3.49%. The insurance company's contribution of 0.06% remains unchanged.
Qatar announces new insurance requirement for visitors and
WEBOn 28 January 2023, the Qatari Ministry of Public Health (MoPH) announced that all visitors must have a health insurance policy issued by a locally approved vendor to enter Qatar. In addition, on 31 January 2023, the Ministry of Interior (MoI) announced that all Hayya Cards are extended until 24 January 2024. A Tax Alert prepared by EY's People Advisory …
Rwanda establishes subsidy contributions from employees for …
WEBRwanda has issued a Prime Minister’s Order related to subsidies to the Community-Based Health Insurance Scheme. The order is effective from 13 February 2020. This order establishes subsidies that should be paid by employees in the public and private sectors, the government, health insurance entities, telecommunications and fuel trade companies.
Canada: British Columbia introduces employer health tax …
WEBExecutive summary. On 16 October 2018, Bill 44, Budget Measures Implementation (Employer Health Tax) Act, 2018 received its first reading in the British Columbia (BC) legislative assembly. If enacted, Bill 44 will introduce an employer health tax (EHT) or “payroll” tax on employers’ payrolls commencing in the 2019 calendar year.
UK announces upcoming increase in Visa fees and Immigration …
WEBAccording to reports, once the changes go into effect, a rise of up to 20% in visa application fees is expected, and the IHS (a levy that certain categories of visa applicants must pay to access the UK National Health Services) will increase from GBP 624 to GBP 1,035 per adult applicant per year.
Members of European Parliament provide more ambitious …
WEBOn 17 May 2022, the European Parliament’s Committee on Environment, Public Health and Food Safety (ENVI) voted and adopted five reports of the “Fit for 55” legislative package. The package aims to align the European Union (EU) climate, energy, land use, transport and taxation policies with the goal of reducing net greenhouse gas (GHG
Canada announces targeted COVID-19 support measures
WEBThe THRP, HHBRP and public health lockdown support would be available from 24 October 2021 to 7 May 2022, with the possibility of further extension to 2 July 2022. The table below provides a high-level comparison of the business support measures summarized above, based on the Minister’s announcement:
UK announces increase in Immigration Health Surcharge expected …
WEBThese new rates will come into force on 16 January 2024 or the 21st day after the order is approved. The Amended Order adds that certain National Health Services (NHS) workers and their dependents will continue to be exempt from the IHS. A Tax Alert prepared by EY's People Advisory Services group, and attached below, provides additional details
Rwanda presents the national budget for financial year 2023/24
WEBOn 15 June 2023, the Minister of Finance and Economic Planning presented the Rwanda National Budget for the financial year 2023/2024, which focuses on "Accelerating economic recovery, climate change mitigation/adaptation and enhancing productive sectors for improved livelihood." The key focus of the national budget is economic recovery from the
Ghana enacts various tax amendments
WEBGhana enacts various tax amendments. The Parliament of Ghana has enacted the following laws: The Value Added Tax (Amendment) Act, 2018, Act 970. The National Health Insurance (Amendment) Act, 2018, Act 971. The G hana Education Trust Fund (Amendment) Act, 2018, Act 972. The Acts were assented to by the President on 31 …
Canada British Columbia budget 2024-25 includes several …
WEBOn 22 February 2024, British Columbia Finance Minister Katrine Conroy tabled the province's fiscal 2024-25 budget. The budget contains several tax measures affecting corporations and individuals, including the introduction of a new home-flipping tax. The minister anticipates a deficit of CA$7.9 billion for 2024-25 and projects deficits for each
Ghana Revenue Authority issues guidelines for implementation of …
WEBExecutive summary. The Ghana Revenue Authority (GRA), the entity responsible for administering tax laws, in accordance with the provisions of the Ghana Revenue Authority Act, 2009 (Act 791), has set out guidelines for the implementation of tax incentives announced by the Government of Ghana (Government) in the wake of the COVID-19 …
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