Capstone Insights
Car shoppers are more ready for autonomous vehicles than they may realize, according to a report from car shopping platform Edmunds.com. More than 60 percent of new vehicle models today can be purchased with some level or autonomous features, the report, Transportation Transformation, shows.
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The individual shared responsibility provision of the Affordable Care Act requires you and each member of your family to have qualifying health coverage (also known as minimum essential coverage), qualify for a coverage exemption, or make an individual shared responsibility payment when you file your federal income tax return.
For Tax Year 2017, the IRS will not consider a return complete and accurate if the taxpayer does not report coverage for the year, an exemption or a payment. Continue reading →
A new executive order from President Donald Trump seeks to expand personalized health benefits for U.S. businesses.
The order, issued Thursday, October 12, directs the Secretaries of the Treasury, Labor, and Health and Human Services to consider how to expand the flexibility and use of health reimbursement arrangements (HRAs). Continue reading →
Bloomberg) — Reports of safety incidents involving civilian drones have surged to an average of 250 a month, leading to a federal “emergency” action to approve drone flights in restricted areas, according to a government notice seeking new procedures for the craft.
There is so much pent-up demand for obtaining special permission to fly drones in restricted airspace, that the Federal Aviation Administration says it can’t keep up. The FAA says drone users are flying without approval because of the delays.
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Public/private partnerships between governments, companies and insurers can help ease income gaps that burden millions of Americans, according to new research from Zurich Insurance Group and the University of Oxford.
Financial education is one key to securing personal financial security, the study recommends. Other solutions include finding a balance between responsibilities assumed by governments, employers, insurers, other financial institutions like intermediaries and individuals in protecting household income. Continue reading →
President Donald Trump’s administration took its most drastic step yet to roll back the Affordable Care Act, cutting off a subsidy to insurers hours after issuing an executive order designed to draw people away from the health law’s markets. Continue reading →
Why the average retirement age is rising
Social Security, pension type, and education are factors that have contributed to the rise in the retirement age since the mid-1980s, writes Alicia H. Munnell, director of Boston College Center for Retirement Research, in this article on MarketWatch. Other factors that have also spurred an increase in retirement age are improved health and longevity, jobs becoming less physically demanding, writes Munnell. “While all these factors help explain the gains since the mid-1980s, I was concerned that they had played themselves out. At least for men, though, the increase in the average retirement age from 63.9 in 2013 to 64.6 in 2015 is encouraging.” Continue reading →
Hundreds of anguished Californians who lost their homes in an outbreak of wildfires this week now get to face another burden: dealing with insurers Continue reading →
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