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Adaptis Inc., a claims administrator for health care payers, has signed an agreement with Practice Management Alternatives LLC to provide expertise in compliance auditing.
Adaptis, Seattle, sells health care benefit management services to small and medium-sized businesses. It says the agreement with PMA will help it provide expertise to businesses in complying with regulations governing managed care plans.
The IRS still has the authority to impose fines on nonfilers.
The law affects access to policy loans for insureds who are getting LTC-related accelerated death benefits.
The latest move by an Iowa pension group comes about a week after investment advisor Ken Fisher made lewd remarks at an industry event.
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