The ripple effects from President Obama's healthcare reform have been felt on Wall Street and Main Street. But how will it impact advisors? We spoke with Clifford Corso, the chief executive officer at Cutwater Asset Management, to get his thoughts.
In the five years to 2016, the health and medical Insurance industry's revenue is forecast to increase at an average annualized rate of 5% to $865.8 billion, including a 4.4% jump in 2012, according to IBISWorld.Read More »
Kinetic Concepts (NYSE: KCI) this week announced it has agreed to go private for $68.50 a share with private investors share include Apax Partners, the Canada Pension Plan Investment Board and the Public Sector Pension Investment Board.Read More »
Will the new health plan law make health coverage more expensive for your firm or staff? The Robert Wood Johnson Foundation released a report this week saying that for companies with fewer than 50 workers, costs should drop. And if your firm employs 50 or more workers, costs might go up -- but only a little.Read More »
Nearly 10 million adult children over the age of 50 care for their aging parents, at an average cost of $324,044 in lost wages and Social Security benefits for women and $283,716 for men, according to a new study from MetLife, the National Alliance for Caregiving and New York Medical College.Read More »