IRS Announces Standard Mileage Rates to Increase in 2022

December 21, 2021

On Friday, December 17, 2021 the IRS announced that the rate taxpayers may use to compute deductions for automobile costs for business purposes will increase to 58.5 cents per mile for the 2022 tax year. This is an increase of 2.5 cents per mile from the...

Improving the Transparency and Oversight of Prescription Drug and Medical Costs

December 15, 2021

Prescription medications account for a major portion of the cost of healthcare for Americans. Recent efforts by the Biden-Harris administration are aimed to increase transparency of drug costs and to potentially lower costs for consumers. A number of...

Moving Toward More Transparent Hospital Pricing

December 15, 2021

One of the issues that have concerned many healthcare consumers in the U.S. is a lack of transparency when it comes to the costs associated with services in hospitals. To help alleviate those concerns, the Centers for Medicare and Medicaid Services (CMS...