The Internal Revenue Service (IRS) announced in IRS Notice 2020-76 limited relief for Form 1094/1095 information returns for the 2020 tax year, largely following prior years' guidance
Given the ever-changing, and at times volatile, health care climate, it’s not surprising more autonomous and curated options arise—like the Direct Primary Care model. With DPC, patients have a contract—based on their age, the practice they visit and family members—with their medical providers allowing them to directly pay a monthly, quarterly or annual fee for a range of services. Like any other insurance option, this specialized payment method comes with pros and cons.
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