Category: Broker News

4 Ways Amazon Is Moving Into Healthcare

Source: Natalie Walters/ The Motley Fool Amazon is setting itself up to disrupt the healthcare sector just as it did the grocery sector. Amazon (NASDAQ:AMZN) has been eyeing the $400 billion U.S. prescription drug market for well over a year, but it’s coming at it in a different way than people thought.  While Amazon originally wanted to sell pharmaceutical drugs through its Amazon Business marketplace, the company ended up abandoning those plans earlier this year. Instead, Amazon

US spends twice as much on health care as its peers

Source: By Tami Luhby /, CNN Despite many efforts to rein in US health care costs in recent years, spending is still on the rise. Americans spend more than twice as much on health care per person as their peers in developed nations, according to a new analysis from Johns Hopkins Bloomberg School of Public Health. It’s not because people in the US use more medical services. Instead, it’s because drugs cost more, doctors and nurses

With $2B capital infusion, Acrisure expects to maintain active pace of dealmaking

Source: BY MARK SANCHEZ / MiBiz IPO not on the table, founder says CALEDONIA — In the more than five years since Greg Williams founded the company, Acrisure LLC has become the most prolific acquirer of independent insurance agencies in the U.S. The Caledonia-based Acrisure closed on more than 100 acquisitions in 2018. Now with additional capital from investors, Williams expects to complete a similar number of deals in 2019. Throughout the more than 400 acquisitions

So You Want to Offer a Student Loan Repayment Benefit

Source: Rebecca Moore / PLANSPONSOR In an Issue Brief published by the Employee Benefit Research Institute (EBRI), Neil Lloyd, partner and head of DC & financial wellness research at Mercer, explains choices plan sponsors have for offering student loan repayment benefits. In an Issue Brief from the Employee Benefit Research Institute, Craig Copeland, senior research associate, says that overall, the percentage of families with student loan debt has grown tremendously since 1992, more than doubling from

Brace yourself: Arrival of ‘do-it-yourself’ orthodontics sparks dental turf war

Source:  Joseph Bream/ National Post The introduction to Canada last month of SmileDirectClub, a mail-order teeth straightening treatment that is supervised via oral selfies and dental impressions sent to the Nashville company’s contracted licensed dentists, is a classic case of industrial digital disruption. To judge from the acrimonious American experience since the company launched four years ago, and from the early concerns of Canadian professional associations, the road ahead could be perilous, with possible civil, regulatory, and even

A Better 401(k) Default Investment

Source: Leland Hevner / President, National Association of Online Investors (NAOI) / Nasdaq Target Date Funds (TDFs) are mutual funds that hold both Stock and Bond equities with an allocation of money to each asset class determined by the number of years until the investor’s retirement date – i.e. their “time-horizon.” Individuals with a longer time-horizon, e.g. 20+ years, are given a TDF with a larger allocation to Stocks that can provide higher expected returns

Dem states take first step in appealing ObamaCare ruling

Source: LYDIA WHEELER AND JESSIE HELLMANN / THE HILL A coalition of Democratic states defending ObamaCare filed notice Thursday to appeal a recent federal court ruling that struck down the health-care law as unconstitutional, sparking what’s likely to be a lengthy legal fight that could reach the Supreme Court and influence the 2020 elections. California Attorney General Xavier Becerra (D) said that by appealing to the Louisiana-based 5th Circuit Court of Appeals, the 17 states are standing up

With $900 million price tag, Washington state will soon take over all school employee health care plans

Source: Seattle Times Heads up, teachers. And school-bus drivers and principals and attendance clerks and — well, just about anyone who works for a public school in Washington state. Big changes are coming to your health benefits once the state takes control of them starting next January. But a lot of behind-the-scenes work needs to happen before those workers and their families — as many as 300,000 individuals — even know what monthly premiums they