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.
In addition to these contractual obligations, business associates are directly liable for compliance with certain provisions of the HIPAA Rules. If an entity does not meet the definition of a covered entity or business associate, it does not have to comply with the HIPAA Rules. See definitions of âbusiness associateâ and âcovered entityâ at 45 CFR 160.103. View an easy-to-use question and answer decision tool to find out if an organization or individual is a covered entity.