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.
Examples of Business Associates. 1  A third party administrator that assists a health plan with claims processing. 2  A CPA firm whose accounting services to a health care provider involve access to protected health information. 3  An attorney whose legal services to a health plan involve access to protected health information.