In view of recent highly publicized cyber attacks and the resulting financial, regulatory and reputational risks, healthcare organizations should be highly focused on cyber security.

On October 23, the U.S. Department of Health & Human Services (HHS) announced a four-year, $840 million initiative to incentivize medical providers "to rethink and redesign their practices."

At a press conference on March 26, House Speaker John Boehner (R-OH) stated that a deal has been reached in Congress to delay cuts in payments to Medicare providers until March 31, 2015.

On September 9, the U.S. Department of Justice (DOJ) announced new guidelines holding corporate employees, including executives, accountable for corporate wrongdoing.

On May 6, the Centers for Medicare & Medicaid Services (CMS) released an interim final rule, to be officially published on May 11, that revises the rules on two aspects of the Affordable Care Act: special enrollment periods (SEPs) and Consumer Operated and Oriented Plans (CO-OPs).

On January 9, New Jersey Governor Chris Christie signed legislation that will require health insurance carriers in the state to encrypt their customers’ personal information.

The U.S. Department of Health and Human Services' Office for Civil Rights (OCR) has lately been broadcasting its increased attention to, and concern about, HIPAA business associates on a monthly basis.

On June 9, the Office of Inspector General of the U.S. Department of Health and Human Services issued a fraud alert regarding the risk of liability to physicians arising out of legitimate compensation arrangements...

On November 27, the federal government announced that the start of the online federal health insurance exchange, or "marketplace," for small businesses will be delayed until November 2014.

The long-awaited "Phase 2 HIPAA Audits" by the U.S. Department of Health and Human Services' Office for Civil Rights (OCR) have begun!

While there are other carriers who underwrite Pollution Legal Liability (PLL) coverage, in the context of its restructuring initiative, AIG has decided that it will no longer be offering PLL policies.

The next step in the process will be for states to decide whether to adopt the revised NAIC Model Act, which may be an uphill battle in states with high HMO penetration.

The New York Department of Financial Services enacted new regulations this week that are aimed to prevent discrimination in auto insurance based upon education or employment.

On June 30, Gov. Christie signed legislation extending the Permit Extension Act for an additional year in those counties most impacted by Superstorm Sandy.

For 2016, the annual exclusion amount for gifts remains at $14,000. The estate, gift and GST tax exemption amount for estates of decedents dying in 2016 and gifts made in 2016 is increased to $5.45 million.

Donors planning their year-end charitable giving may want to consider the potential impact of President-elect Donald Trump's tax plan on the income tax charitable deduction.

In response, the IRS released final regulations on June 11 designed to prohibit taxpayers from circumventing this type of SALT limitation.

This is good news, which removes a concern some had raised about making larger gifts now.

New York Individual Clients partner Warren Whitaker recently released the 2016 edition of U.S. Tax Planning for Non-U.S. Persons and Trusts: An Introductory Outline.

The article examines the substantial risks of cyberattacks that family offices and their clients face.