Paying Social Security and Medicare taxes Currently, you and your employer each pay a 6.2 percent Social Security tax on up to $118,500 of your earnings and a 1.45 percent Medicare tax on all earnings.
Business associate. A business associate is a person or. organization, other than a member of a covered entity's workforce, that performs certain functions or activities on behalf of, or provides certain services to, a covered entity that involve the use or disclosure of individually identifiable health information.
Business partner relationships can also occur between a covered entity and a person or company that is not a covered entity. For example, a PBM that is a health care provider might outsource data analysis activities to a vendor of such services. Alone, the data analysis vendor would not be subject to the confidentiality regulations, even if it received health information directly from patients.