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.
Covered entities include health care providers that conduct transactions in electronic form, health care clearinghouses, and health plans. Essentially, any health care provider or insurance company that uses computers in the normal course of its business is subject to this law.