Posts by: Capstone Brokerage
Donald Trump claims he has finally repealed Obamacare through the Republican tax bill. “The individual mandate is being repealed,” he told a cabinet meeting in December. “When the individual mandate is being repealed, that means Obamacare is being repealed.” He has since tweeted that the tax bill “essentially Repeals (over time) ObamaCare.” Continue reading
The rising costs of health care aren’t just a problem for individuals—they’ve also impacted businesses that make health benefits a priority for their employees.
Small businesses have been particularly vulnerable. Between 19999 and 2016, the cost to cover one employee under group health insurance rose nearly 200 percent—from $2,196 to $6,435. Continue reading
Defective product risk is an increasing peril for companies, causing significant financial damage, according to a newly released Allianz Global Corporate & Specialty (AGCS) report.
Recall exposures have increased significantly over the past decade, bringing the potential for larger and more complex losses than ever before, AGCS warned. Continue reading
A medical marijuana card used to be the key to buying and possessing pot in Oregon.
But the rise of recreational marijuana is making the cards primarily valuable only as a discount card, and not a necessity to buy, said Sam Elkington, owner of Track Town Collective in Glenwood. The card exempts the buyer from Oregon’s state and local pot taxes, which are levied on recreational pot. Continue reading
Insurers Seek Reimbursement for the High Cost of Opioid Addictions
Big Pharma is having a Big Tobacco moment. Since 1999, the number of prescription opioids sold in America has almost quadrupled. Over the same period, prescription opioid deaths have more than quadrupled and millions have become addicted to legally-prescribed painkillers that are 50 times more powerful than heroin. Nearly two million Americans met criteria for prescription opioid abuse and dependence in 2013… Continue reading
Delphi Automotive Plc, which is changing its name to Aptiv Inc., wants to cut the cost of self-driving cars by more than 90 percent to around $5,000 by 2025, according to Chief Executive Officer Kevin Clark.
Aptiv, which starts trading on Tuesday under the stock symbol APTV on the New York Stock Exchange, also wants to help automakers rethink the way vehicles are engineered and built and make money on the data generated by autonomous electric vehicles. Continue reading
As we all know, insurance is a transfer of risk to another party. The risk is transferred most times because of financial considerations; the insured either cannot afford or does not want to take her chances that something catastrophic might happen, so she obtains an insurance policy in order to transfer the risk to a third party, the insurance carrier. There are a number of ways risk can be assumed. Continue reading
The U.S. Occupational Safety and Health Administration has again extended the deadline for employers to electronically submit injury and illness data — this time to Dec. 15 — and said it would publish a final rule reviewing other provisions of the electronic record-keeping regulation in 2018. Continue reading
