Major health insurers have slashed some benefits, in particular for natural therapies, in response to the government's reforms to simplify health insurance.
Reported by SBS 2 hours ago.
Health insurers cut cover amid reforms
↧
↧
Workers of bankrupt Westmoreland Coal take fight to protect retirees to company’s Englewood doorstep
As Westmoreland Coal Co. tries to emerge from bankruptcy, union members from one of its mines are picketing at the company's headquarters in Englewood to protest efforts to cut retirees' health insurance and pensions.
Reported by Denver Post 1 hour ago.
↧
$1+ Billion Identity Analytics Market - Global Forecast to 2023: Increasing Instances and Sophistication of Identity-Related Frauds and Data Breaches Resulting in Heavy Loss of Revenue
Dublin, Jan. 11, 2019 (GLOBE NEWSWIRE) -- The "Identity Analytics Market by Component (Solution and Services), Application (Account Management, Customer Management, Fraud Detection, and GRC Management), Deployment Mode, Organization Size, Industry Vertical, and Region - Global Forecast to 2023" report has been added to *ResearchAndMarkets.com's* offering.The global identity analytics market size is expected to grow from USD 291 million in 2018 to USD 1,093 million by 2023, at a Compound Annual Growth Rate (CAGR) of 30.3% during the forecast period.*Rising demand for mobility solutions and an increase in the IT security budget for advanced identity management solutions among enterprises to drive the overall identity analytics market*
Various factors such as rising demand for mobility solutions, demand for a more comprehensive defense system to reduce risk and enhance security, increase in the IT security budget for advanced identity management solutions among enterprises, and rise in awareness about compliance management are expected to drive the market. However, the increasing complexity of the IT environment and limited availability of technical skillsets for implementing the identity analytics solutions may restrain the identity analytics market growth.
*The IT and Telecom industry vertical to grow at the highest CAGR during the forecast period*
The IT and telecom industry vertical is expected to grow at the highest CAGR in the identity analytics market during the forecast period. IT and telecom organizations are a key target of cybercriminals. Hence, these organizations are making huge investments to enhance their security systems. The IT and telecom sector requires identity analytics solutions on a large scale due to the huge volumes of information produced on a daily basis in these organizations.Rise in the integration of information and communication technology into daily activities of industries, families, government, and consumers, along with increasing growth of cybersecurity has led the telecom and IT sector to focus more on IT activities. Telecom organizations typically store personal data such as name, address, and financial data, which is a compelling target for cyber-criminals or insiders.The identity analytics solutions can help detect access risk and access outliners that harm the organization's IT environment. These solutions enable IT and telecom companies to integrate advanced analytics tools into their business application for automating the entire identity and access management processes.
*The large enterprises segment to hold a larger market size during the forecast period*
The large enterprises segment is expected to hold a larger market size in the identity analytics market, by organization size, during the forecast period. Availability of sufficient capital and huge workforce enables these organizations to deploy experts in different areas of identity management solutions and helps them in proper management of data and privacy.The huge volume of data, along with various business applications and processes of enterprises involve a high level of complexities and distributed environments. Identity analytics solutions help manage the huge amount of data and applications by automating the entire business process including account provisioning, revoke access, authentication and privileged access management.
Another factor that contributes to a higher market share of large enterprises in the identity analytics market is the high investments in R&D activities to develop the best-fit technology to enhance an organization's business efficiency.
*North America to account for the largest market share, whereas Asia Pacific (APAC) to grow at the highest CAGR*
North America is estimated to hold the largest market size and dominate the global identity analytics market in 2018, as the region is an early adopter of identity analytics solutions. North America is considered the most advanced region in terms of technology adoption and infrastructure. The presence of key industry players that offer identity analytics solutions is the key factor driving the North American identity analytics market.
The Asia Pacific (APAC) market is expected to grow at the highest CAGR during the forecast period. Several new startups in APAC have entered the identity analytics market and started developing advanced identity analytics solutions. Funding by investors is helping these small firms innovate their solutions for automating the system identities and access privileges. The integration of big data and machine learning tools to transform identity management applications in the developing countries could boost the identity analytics market growth in the APAC region.*Key Topics Covered:**1 Introduction*
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders
*2 Research Methodology*
2.1 Research Data
2.2 Market Size Estimation
2.3 Factor Analysis
2.4 Identity Analytics Market: Research Assumptions
*3 Executive Summary*
*4 Premium Insights*
4.1 Attractive Market Opportunities in the Identity Analytics Market
4.2 Identity Analytics Market, Market Share of Top 3 Applications and Regions, 2018
4.3 Identity Analytics Market, Top 3 Solutions
4.4 Identity Analytics Market, By Component, 2018 vs 2023
4.5 Identity Analytics Market, By Application, 2018 vs 2023
4.6 Identity Analytics Market, By Deployment Mode, 2018
4.7 Identity Analytics Market, By Organization Size, 2018
4.8 Identity Analytics Market, By Industry Vertical, 2018 vs 2023
4.9 Market Investment Scenario
*5 Market Overview and Industry Trends*
5.1 Market Dynamics
5.1.1 Drivers
5.1.1.1 Increasing Instances and Sophistication of Identity-Related Frauds and Data Breaches Resulting in Heavy Loss of Revenue
5.1.1.2 Stringent Regulatory and Compliance Requirements to Drive the Adoption of Identity Analytics Solutions
5.1.1.3 Increasing Adoption of Enterprise Mobility and Byod Trends
5.1.2 Restraints
5.1.2.1 Budget Constraints Affecting the Adoption of Identity Analytics Solutions
5.1.3 Opportunities
5.1.3.1 Proliferation of Cloud-Based Identity Analytics Solutions and Services
5.1.3.2 Introduction of Ml/Ai-Powered Identity Analytics Solutions
5.1.4 Challenges
5.1.4.1 Lack of Awareness Regarding Identity Analytics Solutions and Services
5.2 Regulatory Implications
5.2.1 General Data Protection Regulation
5.2.2 Payment Card Industry Data Security Standard
5.2.3 Health Insurance Portability and Accountability Act
5.2.4 Federal Information Security Management Act
5.2.5 Gramm-Leach-Bliley Act
5.2.6 Sarbanes-Oxley Act
5.2.7 The International Organization for Standardization 27001
5.3 Innovation Spotlight
5.3.1 Sailpoint Technologies
5.3.2 Brainwave GRC
*6 Identity Analytics Market, By Component*
6.1 Introduction
6.2 Solution
6.2.1 High Demand for Solution in Asia Pacific to Drive the Market Growth
6.3 Services
6.3.1 Growing Demand for Services in North America to Drive the Market Size During the Forecast Period
*7 Identity Analytics Market, By Service*
7.1 Introduction
7.2 Professional Services
7.2.1 Increasing Need for Technical Support to Boost the Growth of Professional Services
7.3 Managed Services
7.3.1 Managed Services to Continue to Gain Popularity During the Forecast Period
*8 Identity Analytics Market, By Application*
8.1 Introduction
8.2 Account Management
8.2.1 Focus on Detecting Dormant Accounts and the Misuse of Privileged Accounts to Drive the Adoption of Account Management Application
8.3 Customer Management
8.3.1 Growing Need for Securing Consumer Credentials to Create Opportunities for Customer Management Applications
8.4 Fraud Detection
8.4.1 Rising Identity-Related Thefts to Increase the Need for Fraud Detection Application
8.5 GRC Management
8.5.1 Focus on Streamlining the Entire Business Process to Spur the Demand for GRC Application
8.6 Identity and Access Management
8.6.1 Easy Integrations of Identity Analytics With Organization's Existing Applications to Provide Better Visibility
8.7 Others
*9 Identity Analytics Market, By Deployment Mode*
9.1 Introduction
9.2 On-Premises
9.2.1 On-Premises Deployment Mode Enables Organizations to Manage Platforms, Applications, Systems, and Data on Their Own
9.3 Cloud
9.3.1 Cost-Effectiveness of Cloud-Based Offerings to Drive Their Adoption
*10 Identity Analytics Market, By Organization Size*
10.1 Introduction
10.2 Small and Medium-Sized Enterprises
10.2.1 Small and Medium-Sized Enterprises to Drive the Adoption of Cloud-Based Solution
10.3 Large Enterprises
10.3.1 Need to Manage Huge Volumes of Identity-Related Information to Boost the Adoption of Identity Analytics Solution Among Large Enterprises
*11 Identity Analytics Market, By Industry Vertical*
11.1 Introduction
11.2 Banking, Financial Services, and Insurance
11.2.1 Increasing Instances and Sophistication of Identity Frauds in Financial Transactions to Fuel the Growth of Identity Analytics Market
11.3 Government and Defense
11.3.1 Increasing Need to Protect the Sensitive Credentials of Citizens and Employees to Boost the Market Growth in Government and Defense Vertical
11.4 IT and Telecom
11.4.1 IT and Telecom Companies Deploy Identity Analytics Solution to Address the Challenges Related to the Security and Privacy of Digital Identities
11.5 Energy and Utilities
11.5.1 Identity Analytics Solution to Enhance Operational Efficiency and Mitigate Potential Identity-Based Threats in Energy and Utilities Vertical
11.6 Manufacturing
11.6.1 Manufacturing Vertical is Increasingly Adopting Identity Analytics Solution to Manage Identity Access for Suppliers, Partners, and Customers
11.7 Retail
11.7.1 Increasing Complexities in Managing Access Control to Spur the Demand for Identity Analytics Solution in Retail
11.8 Healthcare
11.8.1 Rising Identity Thefts to Drive the Need for Identity Analytics Solution in Healthcare Vertical
11.9 Others
*12 Identity Analytics Market, By Region*
12.1 Introduction
12.2 North America
12.2.1 United States
12.2.1.1 Early Adoption of Technologies and High Focus on Innovations to Boost the Market Growth in the United States
12.2.2 Canada
12.2.2.1 Adoption of Identity Analytics Solutions Across Verticals to Drive the Market Growth in Canada
12.3 Europe
12.3.1 United Kingdom
12.3.1.1 Focus on Securing Users' Identities and Addressing GDPr Requirements to Drive the Market in the United Kingdom
12.3.2 Germany
12.3.2.1 Need for Improving Business Facilitation Processes and Operational Efficiency is Expected to Push the Demand for Identity Analytics Solutions in Germany
12.3.3 Rest of Europe
12.4 Asia Pacific
12.4.1 China
12.4.1.1 Increasing Adoption of Enterprise Mobility Solutions to Spur the Demand for Identity Analytics Solution in Asia Pacific
12.4.2 India
12.4.2.1 Expanding Identity Analytics Startup Ecosystem Across India
12.4.3 Australia and New Zealand
12.4.3.1 Increasing Instances of Identity-Related Theft and Fraudulent Activities to Proliferate the Demand for Identity Analytics Solutions Across Anz
12.4.4 Rest of Asia Pacific
12.5 Middle East and Africa
12.5.1 Middle East
12.5.1.1 Growing Awareness About Compliance Management to Boost the Growth of Identity Analytics Market Across the Middle East
12.5.2 Africa
12.5.2.1 Emergence of Technology Hubs Across Countries Such as Nigeria and Kenya to Drive the Growth of the Identity Analytics Market in the African Sub-Region
12.6 Latin America
12.6.1 Brazil
12.6.1.1 Rapid Surge in Web and Mobile-Based Applications to Increase the Demand for Identity Analytics Solutions in Brazil
12.6.2 Mexico
12.6.2.1 Integration of the Identity Analytics Solutions With the Traditional Identity and Access Management Solutions to Fuel the Growth of the Identity Analytics Market
12.6.3 Rest of Latin America
*13 Competitive Landscape*
13.1 Overview
13.2 Competitive Scenario
13.2.1 Partnerships, Agreements, and Collaborations
13.2.2 New Product Launches/Product Enhancements
13.2.3 Mergers and Acquisitions
13.2.4 Business Expansions
*14 Company Profiles*
14.1 Introduction
14.2 Oracle
14.3 Verint Systems
14.4 Logrhythm
14.5 Happiest Minds
14.6 Gurucul
14.7 Quantum Secure
14.8 Hitachi ID Systems
14.9 Sailpoint Technologies
14.10 Centrify
14.11 Prolifics
14.12 Anomalix
14.13 One Identity
14.14 Evidian
14.15 Brainwave GRC
14.16 ID Analytics
14.17 Nexis GmbH
14.18 Confluxsys
14.19 IDAX Software
14.20 Netiq
14.21 Okta
14.22 Novetta
14.23 Netowl
14.24 Traxian
14.25 Threatmetrix
14.26 VenafiFor more information about this report visit https://www.researchandmarkets.com/research/ggh3jf/1_billion?w=12
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
CONTACT:
CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900 Reported by GlobeNewswire 14 hours ago.
Various factors such as rising demand for mobility solutions, demand for a more comprehensive defense system to reduce risk and enhance security, increase in the IT security budget for advanced identity management solutions among enterprises, and rise in awareness about compliance management are expected to drive the market. However, the increasing complexity of the IT environment and limited availability of technical skillsets for implementing the identity analytics solutions may restrain the identity analytics market growth.
*The IT and Telecom industry vertical to grow at the highest CAGR during the forecast period*
The IT and telecom industry vertical is expected to grow at the highest CAGR in the identity analytics market during the forecast period. IT and telecom organizations are a key target of cybercriminals. Hence, these organizations are making huge investments to enhance their security systems. The IT and telecom sector requires identity analytics solutions on a large scale due to the huge volumes of information produced on a daily basis in these organizations.Rise in the integration of information and communication technology into daily activities of industries, families, government, and consumers, along with increasing growth of cybersecurity has led the telecom and IT sector to focus more on IT activities. Telecom organizations typically store personal data such as name, address, and financial data, which is a compelling target for cyber-criminals or insiders.The identity analytics solutions can help detect access risk and access outliners that harm the organization's IT environment. These solutions enable IT and telecom companies to integrate advanced analytics tools into their business application for automating the entire identity and access management processes.
*The large enterprises segment to hold a larger market size during the forecast period*
The large enterprises segment is expected to hold a larger market size in the identity analytics market, by organization size, during the forecast period. Availability of sufficient capital and huge workforce enables these organizations to deploy experts in different areas of identity management solutions and helps them in proper management of data and privacy.The huge volume of data, along with various business applications and processes of enterprises involve a high level of complexities and distributed environments. Identity analytics solutions help manage the huge amount of data and applications by automating the entire business process including account provisioning, revoke access, authentication and privileged access management.
Another factor that contributes to a higher market share of large enterprises in the identity analytics market is the high investments in R&D activities to develop the best-fit technology to enhance an organization's business efficiency.
*North America to account for the largest market share, whereas Asia Pacific (APAC) to grow at the highest CAGR*
North America is estimated to hold the largest market size and dominate the global identity analytics market in 2018, as the region is an early adopter of identity analytics solutions. North America is considered the most advanced region in terms of technology adoption and infrastructure. The presence of key industry players that offer identity analytics solutions is the key factor driving the North American identity analytics market.
The Asia Pacific (APAC) market is expected to grow at the highest CAGR during the forecast period. Several new startups in APAC have entered the identity analytics market and started developing advanced identity analytics solutions. Funding by investors is helping these small firms innovate their solutions for automating the system identities and access privileges. The integration of big data and machine learning tools to transform identity management applications in the developing countries could boost the identity analytics market growth in the APAC region.*Key Topics Covered:**1 Introduction*
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders
*2 Research Methodology*
2.1 Research Data
2.2 Market Size Estimation
2.3 Factor Analysis
2.4 Identity Analytics Market: Research Assumptions
*3 Executive Summary*
*4 Premium Insights*
4.1 Attractive Market Opportunities in the Identity Analytics Market
4.2 Identity Analytics Market, Market Share of Top 3 Applications and Regions, 2018
4.3 Identity Analytics Market, Top 3 Solutions
4.4 Identity Analytics Market, By Component, 2018 vs 2023
4.5 Identity Analytics Market, By Application, 2018 vs 2023
4.6 Identity Analytics Market, By Deployment Mode, 2018
4.7 Identity Analytics Market, By Organization Size, 2018
4.8 Identity Analytics Market, By Industry Vertical, 2018 vs 2023
4.9 Market Investment Scenario
*5 Market Overview and Industry Trends*
5.1 Market Dynamics
5.1.1 Drivers
5.1.1.1 Increasing Instances and Sophistication of Identity-Related Frauds and Data Breaches Resulting in Heavy Loss of Revenue
5.1.1.2 Stringent Regulatory and Compliance Requirements to Drive the Adoption of Identity Analytics Solutions
5.1.1.3 Increasing Adoption of Enterprise Mobility and Byod Trends
5.1.2 Restraints
5.1.2.1 Budget Constraints Affecting the Adoption of Identity Analytics Solutions
5.1.3 Opportunities
5.1.3.1 Proliferation of Cloud-Based Identity Analytics Solutions and Services
5.1.3.2 Introduction of Ml/Ai-Powered Identity Analytics Solutions
5.1.4 Challenges
5.1.4.1 Lack of Awareness Regarding Identity Analytics Solutions and Services
5.2 Regulatory Implications
5.2.1 General Data Protection Regulation
5.2.2 Payment Card Industry Data Security Standard
5.2.3 Health Insurance Portability and Accountability Act
5.2.4 Federal Information Security Management Act
5.2.5 Gramm-Leach-Bliley Act
5.2.6 Sarbanes-Oxley Act
5.2.7 The International Organization for Standardization 27001
5.3 Innovation Spotlight
5.3.1 Sailpoint Technologies
5.3.2 Brainwave GRC
*6 Identity Analytics Market, By Component*
6.1 Introduction
6.2 Solution
6.2.1 High Demand for Solution in Asia Pacific to Drive the Market Growth
6.3 Services
6.3.1 Growing Demand for Services in North America to Drive the Market Size During the Forecast Period
*7 Identity Analytics Market, By Service*
7.1 Introduction
7.2 Professional Services
7.2.1 Increasing Need for Technical Support to Boost the Growth of Professional Services
7.3 Managed Services
7.3.1 Managed Services to Continue to Gain Popularity During the Forecast Period
*8 Identity Analytics Market, By Application*
8.1 Introduction
8.2 Account Management
8.2.1 Focus on Detecting Dormant Accounts and the Misuse of Privileged Accounts to Drive the Adoption of Account Management Application
8.3 Customer Management
8.3.1 Growing Need for Securing Consumer Credentials to Create Opportunities for Customer Management Applications
8.4 Fraud Detection
8.4.1 Rising Identity-Related Thefts to Increase the Need for Fraud Detection Application
8.5 GRC Management
8.5.1 Focus on Streamlining the Entire Business Process to Spur the Demand for GRC Application
8.6 Identity and Access Management
8.6.1 Easy Integrations of Identity Analytics With Organization's Existing Applications to Provide Better Visibility
8.7 Others
*9 Identity Analytics Market, By Deployment Mode*
9.1 Introduction
9.2 On-Premises
9.2.1 On-Premises Deployment Mode Enables Organizations to Manage Platforms, Applications, Systems, and Data on Their Own
9.3 Cloud
9.3.1 Cost-Effectiveness of Cloud-Based Offerings to Drive Their Adoption
*10 Identity Analytics Market, By Organization Size*
10.1 Introduction
10.2 Small and Medium-Sized Enterprises
10.2.1 Small and Medium-Sized Enterprises to Drive the Adoption of Cloud-Based Solution
10.3 Large Enterprises
10.3.1 Need to Manage Huge Volumes of Identity-Related Information to Boost the Adoption of Identity Analytics Solution Among Large Enterprises
*11 Identity Analytics Market, By Industry Vertical*
11.1 Introduction
11.2 Banking, Financial Services, and Insurance
11.2.1 Increasing Instances and Sophistication of Identity Frauds in Financial Transactions to Fuel the Growth of Identity Analytics Market
11.3 Government and Defense
11.3.1 Increasing Need to Protect the Sensitive Credentials of Citizens and Employees to Boost the Market Growth in Government and Defense Vertical
11.4 IT and Telecom
11.4.1 IT and Telecom Companies Deploy Identity Analytics Solution to Address the Challenges Related to the Security and Privacy of Digital Identities
11.5 Energy and Utilities
11.5.1 Identity Analytics Solution to Enhance Operational Efficiency and Mitigate Potential Identity-Based Threats in Energy and Utilities Vertical
11.6 Manufacturing
11.6.1 Manufacturing Vertical is Increasingly Adopting Identity Analytics Solution to Manage Identity Access for Suppliers, Partners, and Customers
11.7 Retail
11.7.1 Increasing Complexities in Managing Access Control to Spur the Demand for Identity Analytics Solution in Retail
11.8 Healthcare
11.8.1 Rising Identity Thefts to Drive the Need for Identity Analytics Solution in Healthcare Vertical
11.9 Others
*12 Identity Analytics Market, By Region*
12.1 Introduction
12.2 North America
12.2.1 United States
12.2.1.1 Early Adoption of Technologies and High Focus on Innovations to Boost the Market Growth in the United States
12.2.2 Canada
12.2.2.1 Adoption of Identity Analytics Solutions Across Verticals to Drive the Market Growth in Canada
12.3 Europe
12.3.1 United Kingdom
12.3.1.1 Focus on Securing Users' Identities and Addressing GDPr Requirements to Drive the Market in the United Kingdom
12.3.2 Germany
12.3.2.1 Need for Improving Business Facilitation Processes and Operational Efficiency is Expected to Push the Demand for Identity Analytics Solutions in Germany
12.3.3 Rest of Europe
12.4 Asia Pacific
12.4.1 China
12.4.1.1 Increasing Adoption of Enterprise Mobility Solutions to Spur the Demand for Identity Analytics Solution in Asia Pacific
12.4.2 India
12.4.2.1 Expanding Identity Analytics Startup Ecosystem Across India
12.4.3 Australia and New Zealand
12.4.3.1 Increasing Instances of Identity-Related Theft and Fraudulent Activities to Proliferate the Demand for Identity Analytics Solutions Across Anz
12.4.4 Rest of Asia Pacific
12.5 Middle East and Africa
12.5.1 Middle East
12.5.1.1 Growing Awareness About Compliance Management to Boost the Growth of Identity Analytics Market Across the Middle East
12.5.2 Africa
12.5.2.1 Emergence of Technology Hubs Across Countries Such as Nigeria and Kenya to Drive the Growth of the Identity Analytics Market in the African Sub-Region
12.6 Latin America
12.6.1 Brazil
12.6.1.1 Rapid Surge in Web and Mobile-Based Applications to Increase the Demand for Identity Analytics Solutions in Brazil
12.6.2 Mexico
12.6.2.1 Integration of the Identity Analytics Solutions With the Traditional Identity and Access Management Solutions to Fuel the Growth of the Identity Analytics Market
12.6.3 Rest of Latin America
*13 Competitive Landscape*
13.1 Overview
13.2 Competitive Scenario
13.2.1 Partnerships, Agreements, and Collaborations
13.2.2 New Product Launches/Product Enhancements
13.2.3 Mergers and Acquisitions
13.2.4 Business Expansions
*14 Company Profiles*
14.1 Introduction
14.2 Oracle
14.3 Verint Systems
14.4 Logrhythm
14.5 Happiest Minds
14.6 Gurucul
14.7 Quantum Secure
14.8 Hitachi ID Systems
14.9 Sailpoint Technologies
14.10 Centrify
14.11 Prolifics
14.12 Anomalix
14.13 One Identity
14.14 Evidian
14.15 Brainwave GRC
14.16 ID Analytics
14.17 Nexis GmbH
14.18 Confluxsys
14.19 IDAX Software
14.20 Netiq
14.21 Okta
14.22 Novetta
14.23 Netowl
14.24 Traxian
14.25 Threatmetrix
14.26 VenafiFor more information about this report visit https://www.researchandmarkets.com/research/ggh3jf/1_billion?w=12
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
CONTACT:
CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900 Reported by GlobeNewswire 14 hours ago.
↧
Health insurance system is slowly falling apart
Government policy, of course, must bear a lot of the blame.
Reported by Brisbane Times 11 hours ago.
↧
Most Federal Workers' Health Coverage To Continue During Shutdown, Even If Pay Stops
Basic health insurance for most affected federal workers will stay in effect, but circumstances are murkier for contractors.
Reported by NPR 7 hours ago.
↧
↧
De Blasio to Unveil Health Care Plan for Undocumented and Low-Income New Yorkers
The mayor’s announcement on national television comes as the Democrat-controlled State Legislature is weighing some form of universal health insurance.
Reported by NYTimes.com 4 days ago.
↧
Alexandria Ocasio-Cortez's ideas are not so 'radical,' but they are changing how Americans think about economics
· *In an interview with 60 Minutes on Sunday, Democratic Congresswoman Alexandria Ocasio-Cortez discussed some so-called radical economic ideas.*· *Turns out, they're not so radical. But her opposition will still find them incredibly threatening.*
· *That's because she's changing a discussion about economics that has gone uncontested for about 40 years, and that in turn could change the way we think about what we really value in the country for the next 40 years.*
On Sunday 60 Minutes aired an interview with New York Representative Alexandria Ocasio-Cortez where she discussed her views on our political climate, her rise to Congress, and her policy ideas.
Then something that hasn't happened in a few years happened. We actually started talking about those ideas — ideas that have little to do with President Donald Trump.
AOC has accomplished something abnormal in the Trump era: Getting cable news networks to talk about policy not directly related to Trump or some legislation on the verge of passing. pic.twitter.com/Odtxjk2EGM
— Max Tani (@maxwelltani) January 7, 2019
If the fact that her ideas were given any space at all space isn't shocking enough for you, you should check out the ideas themselves. They are a departure from the last 40 years of the way we think of how national budgets and American taxation should work. And they are desperately needed at the moment.
Ocasio-Cortez discussed two ideas, specifically, that would make your generic, center-right "fiscal responsibility" issue voter's hair stand on end.
· A 70% tax rate on incomes above $10 million.
· The application of modern monetary theory (MMT) on our budget. According to this theory deficits are okay as long as money is being spent productively (on say, healthcare or infrastructure). The only real danger with running deficits is out of control inflation, which the Federal Reserve can control by raising rates.
Obviously this flies in the face of everything your dad told you about being a prudent American. The rich aren't supposed to be "punished" for their success with taxation, and the government is supposed to give money back to people instead of "wasting it." As for deficits, well those will turn America into Weimar Germany, or so it goes.
Ocasio-Cortez is here to tell you all of that we tried that line of thinking and the result was massive inequality and a hampered government. It was just a useful idea that turned into a fever induced by special interest groups bent on minimizing money spent on social programs lowering taxes for the rich. They found their foothold in the Reagan administration, and they've been dominating American economic thought ever since — so much so that the popular imagination almost forgot that these are just theories and started accepting them as mathematical fact.
But they're not.
Quickly, a word from economist John Maynard Keynes: "The ideas of economists and political philosophers, both when they are right and when they are wrong are more powerful than is commonly understood. Indeed, the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually slaves of some defunct economist."
** Strong and wrong **
In Spanish there is a saying: "The dog that barks loudest, eats."
And so it often is in politics. Since the 1970s the loudest voices in economics have come from the right, from followers of economist Milton Friedman who believed that selfishness was the natural state of humanity. You see why he would want a small federal budget and low taxes.
A bunch of Friedman's disciples made their way into the Reagan administration, and there they started to craft pop culture economics as we know it today. For example, economist Arthur Laffer went in there and pitched what we know today as the Laffer Curve. It contends that lower tax rates can actually lead to higher tax revenue — something that certainly didn't happen when taxes were lowered last year as 2017 tax receipts came in lower than expected.
But you can still see Laffer on CNN waxing philosophical about economics. He was an advisor to the Trump administration and to former Kansas Governor Sam Brownback, who enacted the massive tax cuts that eventually laid waste to the state's economy.
Deficit hawks on the right bark loud, too, even though they've almost never practiced what they preach. President Ronald Reagan used deficit spending to fund Star Wars and end the Cold War. The economy slowed after, George Bush Sr. raised taxes. And then we were fine.
Former House Speaker Paul Ryan — a supposed deficit hawk and budget wunderkind — exploded the deficit by passing 2017's tax cut. And nothing happened.
President George W. Bush exploded the budget after finding it in good shape — and all was well.
In fact, the major economic problems of Bush's time in office came from the private sector — from the irrational exuberance that led to the tech bubble, and a mortgage crisis that ballooned into a full on global financial meltdown. In the latter instance, the government helped nudge us into the crisis, melding a desire to encourage homeownership with an ideological bent toward deregulation.
*Read more*: Now do you finally believe baby boomers are the most selfish generation?
** United States of Amnesia **
Politics nerds talk about something called the Overton Window, it's the theory that only a limited number of policy ideas can be discussed at a time. It's a spectrum, and only that which fits within the spectrum can make it into the national conversation.
It seems that Ocasio-Cortez is getting her ideas on the spectrum.
That is why low tax zealots like Grover Norquist, the infamous president of Americans for Tax Reform, are calling Ocasio-Cortez proposal a "war" on tax payers.
Never mind that reasonable economists admit that a 70% tax on income over $10 million wouldn't raise much revenue or impact many Americans or hurt the economy at all. As Noah Smith over at Bloomberg writes, economists have theorized that the "optimal top tax rate for incomes higher than $300,000 — a much lower cutoff than the one proposed by Ocasio-Cortez — should be about 73 percent."
More from Smith:
So Ocasio-Cortez’s tax plan isn’t radical at all... a dramatic expansion of federal tax revenue would require much more than what Ocasio-Cortez is proposing. It would require an overhaul of the corporate and capital-gains tax systems, higher rates on a much broader range of high earners, and probably wealth taxes as well. It would require a huge amount of political will and a sustained policy-making effort over a number of years.
So why are men like Norquist howling over this proposal? Because they know what Ocasio-Cortez is doing — they did it themselves. Slowly inject an idea into the policy discussion and then push, and push, and push until it seems normal, no matter how radical or ridiculous it may seem.
I mean, these guys convinced us that if the government collected less tax revenue it would somehow end up with more tax revenue. How illogical is that?
*Read more*: The White House just made one thing abundantly clear to millennials
Perhaps Ocasio-Cortez's proposed tax rate wouldn't do much for the government's coffers. But consider what it would do to the American imagination. We live in a country where 63% of citizens think that our economy is stilted unfairly toward the rich and special interest groups, according to Pew Research.
Part of that is because of what the loudest voices have said our government should and should not spend money on — because what their values are. Previous administrations have used deficit spending to fund wars (Iraq, Afghanistan) and tax cuts. AOC would have us used deficit spending to fund education, healthcare, and her Green New Deal.
These are things that we've heard that we can't afford for our entire lives. We've heard that money in the government's hands is "wasted." But how could money that pays for the health and welfare of a country's own people be a "waste"? It's not like it's going anywhere.
In an economy run on consumer spending, anything that lets Americans keep more of their paychecks instead of giving it to say, health insurance companies that just buy back their own stock seems like it would juice the economy, not hurt it.
As more and more Americans feel the deck is stacked against them, they're going to start listening to these ideas. They know "what" has happened to them — that suddenly taking care of a middle class family is harder and more expensive than it was for their parents — but what Ocasio-Cortez is offering is another reason "why" and another "how" we can fix it. These "whys" and "hows" are terrifying the Republicans who run the right, thus their massive pile-on everything Ocasio-Cortez does.
It was easy to tell Americans to keep taxes low when it seemed that anyone who worked hard enough could get ahead. But what if no matter how hard you work, the system is stacked against you? It's looking increasingly clear that not everyone can make it to the top bracket — or even move up brackets.
Americans are starting to understand the meaning of privilege — the privilege of being able to support a family or even just a person on minimum wage; the privilege of being able to get an education if you have the brains but not the cash; the privilege of being able to get sick without going broke.
And they're starting to understand it because slowly, over the last few decades, those privileges have been taken away from them. Perhaps that, not Ocasio-Cortez, is what has broken our decades-long policy fever. She's just here to suggest another remedy.
*SEE ALSO: How baby boomers became the most selfish generation*
*SEE ALSO: There are no winners in Trump's economy, only non-losers and big losers who are getting clearer by the day*
*SEE ALSO: Larry Kudlow is the perfect person to keep Trump's economic sham going*
Join the conversation about this story »
NOW WATCH: North Korea's leader Kim Jong Un is 35 — here's how he became one of the world's scariest dictators Reported by Business Insider 4 days ago.
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New York City launches $100 million universal health insurance program
New York City on Tuesday launched a $100 million health insurance program to cover 600,000 uninsured city residents, including those unable to afford coverage and those living in the United States illegally, Mayor Bill de Blasio said.
Reported by Reuters 4 days ago.
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Another Drop In Energy Prices Leads To Negative US Inflation In December – Analysis
The overall Consumer Price Index (CPI) fell 0.1 percent in December due to a 3.5 percent drop in energy prices. This was the second consecutive sharp drop in energy prices. This drop held the overall inflation rate to just 1.9 percent over the last year, leading it to come in under the core’s 2.2 percent year-over-year rate. In December, the core CPI increased by 0.2 percent for the third consecutive month.
Rents continue to be, by far, the largest cause of inflation in the core. The shelter index rose by 0.3 percent in December and is up 3.2 percent over the last year. The core index, excluding shelter, was up just 1.5 percent over the last year.
As before, there are sharp differences in the rate of rental inflation across cities. The West Coast cities continue to be the big problem areas with Seattle and Portland both seeing rental inflation in the 5–6 percent range and Los Angeles having inflation in a 4–5 percent range. In the last year there has been a sharp increase in the rate of rental inflation in both Boston and Chicago, which has gone from near 2.0 percent to close to 4.0 percent. In contrast, rental inflation in the DC area has remained near 2.0 percent.
Inflation in most other areas of the CPI seems well under control. New vehicle prices and apparel prices were both flat in December. Over the last year, they are down 0.3 percent and are flat, respectively. Even prescription drug prices seem under control, falling 0.4 percent in December and dropping 0.6 percent over the last year. It is important to remember that the CPI shows the change in the price of drugs already on the market. It is not affected by new drugs being introduced at high prices.
Auto insurance prices, which had been a major factor driving inflation, fell 0.2 percent in December, the second consecutive decrease. They are now up 4.6 percent over the last year. The drop in energy costs sent airline fares down by 1.5 percent, following a drop of 2.4 percent in November. They are down 2.6 percent over the last year.
Tuition costs, which had been well contained earlier in the year, are showing some evidence of acceleration. They rose 0.2 percent in December and are up 2.7 percent over the last year. College tuition is up 2.8 percent over the last year.
There also is some evidence that medical care services are returning as a problem area. The price of services increased 0.4 percent for the second consecutive month. They are now up 2.6 percent over the last year. Inflation in hospital services has been even higher, coming in at 0.5 percent the last two months and 3.7 percent over the last year.
Health insurance costs (these are purely administrative costs, net of payments to providers) also are becoming a bigger problem. They rose 1.3 percent in December and are up 5.4 percent over the last year. This is the highest year-over-year rate of increase in two years.
However, in spite of the evidence of some acceleration of inflation in the traditional problem areas of education and health care, there is zero evidence of increasing inflation in CPI as a whole. While the sharp drop in energy prices is a onetime occurrence that will not be repeated, inflation is not accelerating at all in the core. The annualized rate, comparing the last three months (October, November, December) with the prior three (July, August, September), is just 2.0 percent, down slightly from the 2.2 percent rate over the last year.
On the whole, this report shows a very positive picture. Inflation is well-contained almost everywhere, with the important qualification that health care services and education may be returning as major problem areas. The fact that inflation appears to be slowing, rather than accelerating, indicates that the Federal Reserve has little to fear about out-of-control inflation in the immediate future. And, the slower rate of overall inflation is translating into healthy real wage growth. Reported by Eurasia Review 21 hours ago.
Rents continue to be, by far, the largest cause of inflation in the core. The shelter index rose by 0.3 percent in December and is up 3.2 percent over the last year. The core index, excluding shelter, was up just 1.5 percent over the last year.
As before, there are sharp differences in the rate of rental inflation across cities. The West Coast cities continue to be the big problem areas with Seattle and Portland both seeing rental inflation in the 5–6 percent range and Los Angeles having inflation in a 4–5 percent range. In the last year there has been a sharp increase in the rate of rental inflation in both Boston and Chicago, which has gone from near 2.0 percent to close to 4.0 percent. In contrast, rental inflation in the DC area has remained near 2.0 percent.
Inflation in most other areas of the CPI seems well under control. New vehicle prices and apparel prices were both flat in December. Over the last year, they are down 0.3 percent and are flat, respectively. Even prescription drug prices seem under control, falling 0.4 percent in December and dropping 0.6 percent over the last year. It is important to remember that the CPI shows the change in the price of drugs already on the market. It is not affected by new drugs being introduced at high prices.
Auto insurance prices, which had been a major factor driving inflation, fell 0.2 percent in December, the second consecutive decrease. They are now up 4.6 percent over the last year. The drop in energy costs sent airline fares down by 1.5 percent, following a drop of 2.4 percent in November. They are down 2.6 percent over the last year.
Tuition costs, which had been well contained earlier in the year, are showing some evidence of acceleration. They rose 0.2 percent in December and are up 2.7 percent over the last year. College tuition is up 2.8 percent over the last year.
There also is some evidence that medical care services are returning as a problem area. The price of services increased 0.4 percent for the second consecutive month. They are now up 2.6 percent over the last year. Inflation in hospital services has been even higher, coming in at 0.5 percent the last two months and 3.7 percent over the last year.
Health insurance costs (these are purely administrative costs, net of payments to providers) also are becoming a bigger problem. They rose 1.3 percent in December and are up 5.4 percent over the last year. This is the highest year-over-year rate of increase in two years.
However, in spite of the evidence of some acceleration of inflation in the traditional problem areas of education and health care, there is zero evidence of increasing inflation in CPI as a whole. While the sharp drop in energy prices is a onetime occurrence that will not be repeated, inflation is not accelerating at all in the core. The annualized rate, comparing the last three months (October, November, December) with the prior three (July, August, September), is just 2.0 percent, down slightly from the 2.2 percent rate over the last year.
On the whole, this report shows a very positive picture. Inflation is well-contained almost everywhere, with the important qualification that health care services and education may be returning as major problem areas. The fact that inflation appears to be slowing, rather than accelerating, indicates that the Federal Reserve has little to fear about out-of-control inflation in the immediate future. And, the slower rate of overall inflation is translating into healthy real wage growth. Reported by Eurasia Review 21 hours ago.
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South Africa: Ramaphosa Gets Tough On ANC, Admits Mistakes but Calls On Electorate to 'Grow South Africa Together'
[Daily Maverick] It's decent jobs, transformation for economic inclusivity and growth, national health insurance, basic service delivery and clean, corruption-free, ethical governance. At Saturday's launch of what the ANC calls its "People's Manifesto", the governing party was blunt about having made mistakes. "The ANC acknowledges that we have made mistakes and veered off course. As a nation, we have learned the harsh impact of corruption... " says the vision and mission part of the manifesto, headlined "Let's grow South
Reported by allAfrica.com 18 hours ago.
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U.S. judge partially blocks Trump administration birth control rules
A judge in California on Sunday partially blocked a set of Trump administration rules that allow employers to opt out of providing health insurance that covers women's birth control from taking effect.
Reported by Reuters 8 hours ago.
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Chubb Appoints Glen Browne Deputy Regional President for Asia Pacific and Division President, Southeast Asia
SINGAPORE - Media OutReach - 14 January 2019 - Chubb announced today the appointment of Glen Browne as Deputy Regional President for Asia Pacific and Division President, Southeast Asia. In his new role, which is effective immediately, Mr. Browne will be responsible for the general management and business results in the six countries of Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam, as well as any future territories in Southeast Asia. In addition to his new appointment, Mr. Browne retains his current role as Executive Vice President and Regional Head of Accident & Health (A&H) for Asia Pacific, inclusive of all digital distribution and bancassurance for Asia. He will continue to be based in Singapore and will report to Paul McNamee, Senior Vice President of Chubb Group and Regional President, Asia Pacific.
"I am delighted to welcome Glen to his new and expanded role in this important region, which represents a significant growth opportunity for Chubb," said Juan C. Andrade, Executive Vice President of Chubb Group and President, Overseas General Insurance. "Glen's more than two decades of experience in Asia includes successfully managing and building businesses in both developed and emerging markets. I am confident that his technical expertise, local market knowledge and leadership skills will help us to achieve long-term profitable growth in our Asia Pacific general insurance business."
"Glen has been a key member of the Asia Pacific regional leadership team over the last five years, bringing strategic focus to the A&H and travel portfolios," said Mr. McNamee. "He has broad management experience encompassing underwriting, sales and marketing, product development and relationship management. As a results-driven leader with deep knowledge of the Asia markets in which we operate, he has the right combination of skills, knowledge and capabilities for this new position."
Mr. Browne joined the company, then known as ACE Group, in New Zealand in 2000 as the National Commercial Business Manager and, over the course of the next five years, took on roles as Regional SME Manager for Asia and General Manager for Taiwan's A&H business. After leaving the company in 2005, he served in operational and management positions of increasing responsibility at AIG, Cigna International and Prudential Assurance, including roles as chief marketing officer in Japan and regional CEO for Europe. He rejoined ACE in 2012 as Country President for Thailand, where he led the growth of the general insurance business.
*About Chubb *
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide. More information can be found at www.chubb.com Reported by Media OutReach 5 hours ago.
"I am delighted to welcome Glen to his new and expanded role in this important region, which represents a significant growth opportunity for Chubb," said Juan C. Andrade, Executive Vice President of Chubb Group and President, Overseas General Insurance. "Glen's more than two decades of experience in Asia includes successfully managing and building businesses in both developed and emerging markets. I am confident that his technical expertise, local market knowledge and leadership skills will help us to achieve long-term profitable growth in our Asia Pacific general insurance business."
"Glen has been a key member of the Asia Pacific regional leadership team over the last five years, bringing strategic focus to the A&H and travel portfolios," said Mr. McNamee. "He has broad management experience encompassing underwriting, sales and marketing, product development and relationship management. As a results-driven leader with deep knowledge of the Asia markets in which we operate, he has the right combination of skills, knowledge and capabilities for this new position."
Mr. Browne joined the company, then known as ACE Group, in New Zealand in 2000 as the National Commercial Business Manager and, over the course of the next five years, took on roles as Regional SME Manager for Asia and General Manager for Taiwan's A&H business. After leaving the company in 2005, he served in operational and management positions of increasing responsibility at AIG, Cigna International and Prudential Assurance, including roles as chief marketing officer in Japan and regional CEO for Europe. He rejoined ACE in 2012 as Country President for Thailand, where he led the growth of the general insurance business.
*About Chubb *
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide. More information can be found at www.chubb.com Reported by Media OutReach 5 hours ago.
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Arrayit Corporation Aces Fourth Consecutive Round of Proficiency Testing with a Top Proficiency Testing Company
Sunnyvale, Jan. 14, 2019 (GLOBE NEWSWIRE) -- Arrayit Corporation (OTC: ARYC), a life sciences and personalized medicine company, reports that its clinical team has aced four consecutive rounds of proficiency testing (PT) with a nationally recognized proficiency testing leader. Proficiency testing requires precise quantification of specific cellular immunoglobulin E (IgE) antibodies, the protein biomarkers often associated with allergy and asthma. PT samples are blind-tested for IgE concentration as a means of evaluating the accuracy of a clinical test. Arrayit’s clinical team aced four consecutive rounds of PT over a 12-month period, indicating that its microarray testing technology is highly accurate when assessed by an independent third party. Accurate IgE quantification confirms the numerical validity of the company’s allergy test results, which are being increasingly used by doctors and clinics to diagnose, manage and treat patients with allergy and asthma. Outstanding PT scores are important because they facilitate reimbursement by government payors such as the Centers of Medicare and Medicaid Services (CMS) and commercial health insurance providers.
Arrayit recently completed an allergy testing pilot program for a top retail chain, established a nationwide network of 1,700 allergy sales professionals, met with top officials at the FDA regarding approval of a major product line, fulfilled an FDA clinical instrumentation contract, signed allergy testing contracts with more than 300 medical clinics, received approval for in-store promotions by a major retailer, announced allergy testing partnerships with major allergy therapeutics providers, received approval for direct Medicare billing by CMS, launched the Patient Data Solutions allergy portal for doctors and clinics, celebrated 25 years of company operations, announced an allergy testing services agreement with a major health and wellness provider and provided a letter to shareholders from the company’s Chief Executive Officer (CEO).
CEO Rene Schena states, “The outstanding proficiency testing performance of our clinical laboratory confirms and extends the accuracy of our allergy testing services over time, and indicates that our doctor-ordered allergy tests provide clinical quality, actionable medical information for physicians treating allergy and asthma patients. The accuracy and convenience of our finger stick health and wellness tests has significant impact as we address an increasing number of healthcare providers in diverse market sectors including physician groups, clinics, hospitals, health maintenance organizations (HMOs), hospitals and large retail chains.
*About Arrayit*
Arrayit Corporation, headquartered in Sunnyvale, California, leads and empowers the research, biotechnology, pharmaceutical, clinical and healthcare sectors through the discovery, development and manufacture of proprietary life science and personalized medicine products and services to advance biomedical research and improve wellness and human health. Please visit www.arrayit.com for more information.
*Safe Harbor Statement*
We have identified forward-looking statements by using words such as "expect", "believe", and "should". Although we believe our expectations are reasonable, our operations involve a number of risks and uncertainties that are beyond our control, and these statements may turn out not to be true. Risk factors associated with our business, including some of the facts set forth herein, are detailed in the Company's public filings.
*CONTACT*
Public Relations
Arrayit Corporation
Tel: 408-744-1331
Email: arrayit@arrayit.com
Web: www.arrayit.com
CONTACT: CONTACT
Public Relations
Arrayit Corporation
Tel: 408-744-1331
Email: arrayit@arrayit.com
Web: www.arrayit.com Reported by GlobeNewswire 2 hours ago.
Arrayit recently completed an allergy testing pilot program for a top retail chain, established a nationwide network of 1,700 allergy sales professionals, met with top officials at the FDA regarding approval of a major product line, fulfilled an FDA clinical instrumentation contract, signed allergy testing contracts with more than 300 medical clinics, received approval for in-store promotions by a major retailer, announced allergy testing partnerships with major allergy therapeutics providers, received approval for direct Medicare billing by CMS, launched the Patient Data Solutions allergy portal for doctors and clinics, celebrated 25 years of company operations, announced an allergy testing services agreement with a major health and wellness provider and provided a letter to shareholders from the company’s Chief Executive Officer (CEO).
CEO Rene Schena states, “The outstanding proficiency testing performance of our clinical laboratory confirms and extends the accuracy of our allergy testing services over time, and indicates that our doctor-ordered allergy tests provide clinical quality, actionable medical information for physicians treating allergy and asthma patients. The accuracy and convenience of our finger stick health and wellness tests has significant impact as we address an increasing number of healthcare providers in diverse market sectors including physician groups, clinics, hospitals, health maintenance organizations (HMOs), hospitals and large retail chains.
*About Arrayit*
Arrayit Corporation, headquartered in Sunnyvale, California, leads and empowers the research, biotechnology, pharmaceutical, clinical and healthcare sectors through the discovery, development and manufacture of proprietary life science and personalized medicine products and services to advance biomedical research and improve wellness and human health. Please visit www.arrayit.com for more information.
*Safe Harbor Statement*
We have identified forward-looking statements by using words such as "expect", "believe", and "should". Although we believe our expectations are reasonable, our operations involve a number of risks and uncertainties that are beyond our control, and these statements may turn out not to be true. Risk factors associated with our business, including some of the facts set forth herein, are detailed in the Company's public filings.
*CONTACT*
Public Relations
Arrayit Corporation
Tel: 408-744-1331
Email: arrayit@arrayit.com
Web: www.arrayit.com
CONTACT: CONTACT
Public Relations
Arrayit Corporation
Tel: 408-744-1331
Email: arrayit@arrayit.com
Web: www.arrayit.com Reported by GlobeNewswire 2 hours ago.
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Cigna-HealthSpring Adds ChenMed Senior Medical Center to Philadelphia Network
Four-center practice will provide primary, specialty care to Medicare Advantage customers
PHILADELPHIA (PRWEB) January 14, 2019
Cigna-HealthSpring’s Medicare Advantage (MA) customers in Philadelphia have a new option for their medical care with the addition of four Dedicated Senior Medical Centers (Dedicated) to their network, effective immediately.
ChenMed has opened Dedicated practices in the Olney, North Philadelphia, Mayfair and West Philadelphia sections of the city, providing the access to care and convenience patients expect, including walk-in appointments; extended office visits; on-site specialists, labs, X-ray, echocardiograms, ultrasounds, and medication dispensing; as well as door-to-door transportation to those who need it. These centers are now available to customers in Cigna-HealthSpring’s Achieve (HMO SNP), Advantage (HMO), Alliance (HMO), Preferred (HMO), PreferredPlus (HMO) and TotalCare (HMO SNP) plans.
Dedicated adheres to the ChenMed approach to high-touch care for Medicare-eligible seniors, that, according to the September American Journal of Managed Care, reduces hospital admissions by 50 percent; decreases health care costs by 28 percent; and improves patient use of preventive medications by up to 41 percent (see AJMC release and abstract). The peer-reviewed journal report shows that Dedicated helps MA customers, including those with major and multiple chronic conditions, enjoy more healthy days than MA customers served by standard medical practices.
“As a customer-centric organization, we continue to seek relationships with physician and hospital systems that improve customer access to high-quality care,” said Thomas Kowalczyk, Cigna-HealthSpring’s market manager in Philadelphia. “ChenMed’s approach to personalized care has shown to help their patients receive the results-driven care they need when they need it.”
Gaurov Dayal, M.D., ChenMed president, new markets and chief growth officer, said, “Our primary care physicians are able to invest substantively more time with patients, because their patient panels average just one-fifth the national average for general and family practitioners. Instead of the U.S. average of one PCP to 2,300 patients, Dedicated PCPs serve a maximum of just 400 to 450 patients. And, it’s the power of MA plans, like those offered by Cigna, that enables us to earn the trust needed to truly transform care for seniors.”
All Cigna products and services are provided exclusively by or through operating subsidiaries of Cigna Corporation, including Cigna Health and Life Insurance Company, Cigna HealthCare of South Carolina, Inc., Cigna HealthCare of North Carolina, Inc., Cigna HealthCare of Georgia, Inc., Cigna HealthCare of Arizona, Inc., Cigna HealthCare of St. Louis, Inc., HealthSpring Life & Health Insurance Company, Inc., HealthSpring of Florida, Inc., Bravo Health Mid-Atlantic, Inc., and Bravo Health Pennsylvania, Inc. The Cigna name, logos, and other Cigna marks are owned by Cigna Intellectual Property, Inc. Call 1-800-668-3813 (TTY 711) for more information. Cigna-HealthSpring complies with applicable federal civil rights laws and does not discriminate on the basis of race, color, national origin, age, disability, or sex. Cigna-HealthSpring cumple con las layes federales de derechos civiles aplicables y no discrimina por motivos de raza, color, nacionalidad, edad, discapacidad o sexo. English: ATTENTION: If you speak English, language assistance services, free of charge, are available to you. Call 1-800-668-3813 (TTY 711). Spanish: ATENCIÓN: Si habla español, tiene a su disposición servicios gratuitos de asistencia lingüística. Llame al 1-800-668-3813 (TTY 711). Chinese: 注意：如果您使用繁體/中文，您可以免費獲得語言援助服務 請致電 1-800-668-3813 (TTY 711). Other providers are available in our network. Cigna-HealthSpring is contracted with Medicare for PDP plans, HMO and PPO plans in select states, and with select State Medicaid programs. Enrollment in Cigna depends on contract renewal.
About Cigna-HealthSpring
Cigna-HealthSpring is a health services company committed to helping Medicare and Medicaid beneficiaries live healthier, more active lives through personalized, affordable and easy-to-use health care solutions. Cigna-HealthSpring offers a variety of options and services to support healthy aging and meet customers’ individual health care needs through personal attention, wellness and preventive care.
About Dedicated and ChenMed
Dedicated operates four primary care medical practices serving seniors in diverse Philadelphia communities (Mayfair, North Philadelphia, Olney and West Philadelphia). Dedicated brings concierge-style medicine — and better health outcomes — to the neediest populations, as evidenced by a five-year report (see release; report) comparing ChenMed outcomes against quality measures reported by the Centers for Medicaid and Medicare Services. The value-based care provider primarily serves seniors with low-to-moderate incomes, most of whom are managing multiple chronic conditions.
Dedicated’s (ChenMed’s) mission is to honor seniors with affordable VIP care that delivers better health. To do that, Dedicated relies on innovative technology and a talented, resourceful, and compassionate team of providers. Founded by Dr. James Chen, a Taiwanese immigrant and cancer survivor, ChenMed operates more than 50 medical centers in Florida, Georgia, Illinois, Louisiana, Kentucky, Pennsylvania and Virginia. Well-known ChenMed brands also include Chen Senior Medical Center and JenCare Senior Medical Center. Reported by PRWeb 2 hours ago.
PHILADELPHIA (PRWEB) January 14, 2019
Cigna-HealthSpring’s Medicare Advantage (MA) customers in Philadelphia have a new option for their medical care with the addition of four Dedicated Senior Medical Centers (Dedicated) to their network, effective immediately.
ChenMed has opened Dedicated practices in the Olney, North Philadelphia, Mayfair and West Philadelphia sections of the city, providing the access to care and convenience patients expect, including walk-in appointments; extended office visits; on-site specialists, labs, X-ray, echocardiograms, ultrasounds, and medication dispensing; as well as door-to-door transportation to those who need it. These centers are now available to customers in Cigna-HealthSpring’s Achieve (HMO SNP), Advantage (HMO), Alliance (HMO), Preferred (HMO), PreferredPlus (HMO) and TotalCare (HMO SNP) plans.
Dedicated adheres to the ChenMed approach to high-touch care for Medicare-eligible seniors, that, according to the September American Journal of Managed Care, reduces hospital admissions by 50 percent; decreases health care costs by 28 percent; and improves patient use of preventive medications by up to 41 percent (see AJMC release and abstract). The peer-reviewed journal report shows that Dedicated helps MA customers, including those with major and multiple chronic conditions, enjoy more healthy days than MA customers served by standard medical practices.
“As a customer-centric organization, we continue to seek relationships with physician and hospital systems that improve customer access to high-quality care,” said Thomas Kowalczyk, Cigna-HealthSpring’s market manager in Philadelphia. “ChenMed’s approach to personalized care has shown to help their patients receive the results-driven care they need when they need it.”
Gaurov Dayal, M.D., ChenMed president, new markets and chief growth officer, said, “Our primary care physicians are able to invest substantively more time with patients, because their patient panels average just one-fifth the national average for general and family practitioners. Instead of the U.S. average of one PCP to 2,300 patients, Dedicated PCPs serve a maximum of just 400 to 450 patients. And, it’s the power of MA plans, like those offered by Cigna, that enables us to earn the trust needed to truly transform care for seniors.”
All Cigna products and services are provided exclusively by or through operating subsidiaries of Cigna Corporation, including Cigna Health and Life Insurance Company, Cigna HealthCare of South Carolina, Inc., Cigna HealthCare of North Carolina, Inc., Cigna HealthCare of Georgia, Inc., Cigna HealthCare of Arizona, Inc., Cigna HealthCare of St. Louis, Inc., HealthSpring Life & Health Insurance Company, Inc., HealthSpring of Florida, Inc., Bravo Health Mid-Atlantic, Inc., and Bravo Health Pennsylvania, Inc. The Cigna name, logos, and other Cigna marks are owned by Cigna Intellectual Property, Inc. Call 1-800-668-3813 (TTY 711) for more information. Cigna-HealthSpring complies with applicable federal civil rights laws and does not discriminate on the basis of race, color, national origin, age, disability, or sex. Cigna-HealthSpring cumple con las layes federales de derechos civiles aplicables y no discrimina por motivos de raza, color, nacionalidad, edad, discapacidad o sexo. English: ATTENTION: If you speak English, language assistance services, free of charge, are available to you. Call 1-800-668-3813 (TTY 711). Spanish: ATENCIÓN: Si habla español, tiene a su disposición servicios gratuitos de asistencia lingüística. Llame al 1-800-668-3813 (TTY 711). Chinese: 注意：如果您使用繁體/中文，您可以免費獲得語言援助服務 請致電 1-800-668-3813 (TTY 711). Other providers are available in our network. Cigna-HealthSpring is contracted with Medicare for PDP plans, HMO and PPO plans in select states, and with select State Medicaid programs. Enrollment in Cigna depends on contract renewal.
About Cigna-HealthSpring
Cigna-HealthSpring is a health services company committed to helping Medicare and Medicaid beneficiaries live healthier, more active lives through personalized, affordable and easy-to-use health care solutions. Cigna-HealthSpring offers a variety of options and services to support healthy aging and meet customers’ individual health care needs through personal attention, wellness and preventive care.
About Dedicated and ChenMed
Dedicated operates four primary care medical practices serving seniors in diverse Philadelphia communities (Mayfair, North Philadelphia, Olney and West Philadelphia). Dedicated brings concierge-style medicine — and better health outcomes — to the neediest populations, as evidenced by a five-year report (see release; report) comparing ChenMed outcomes against quality measures reported by the Centers for Medicaid and Medicare Services. The value-based care provider primarily serves seniors with low-to-moderate incomes, most of whom are managing multiple chronic conditions.
Dedicated’s (ChenMed’s) mission is to honor seniors with affordable VIP care that delivers better health. To do that, Dedicated relies on innovative technology and a talented, resourceful, and compassionate team of providers. Founded by Dr. James Chen, a Taiwanese immigrant and cancer survivor, ChenMed operates more than 50 medical centers in Florida, Georgia, Illinois, Louisiana, Kentucky, Pennsylvania and Virginia. Well-known ChenMed brands also include Chen Senior Medical Center and JenCare Senior Medical Center. Reported by PRWeb 2 hours ago.
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Cigna-HealthSpring Adds JenCare Senior Medical Center to Chicagoland Network
Five-center practice will provide primary, specialty care to Medicare Advantage customers
CHICAGO (PRWEB) January 14, 2019
Cigna-HealthSpring’s Medicare Advantage (MA) customers in Chicago’s South suburbs and Southside communities have a new option for their medical care with the addition of JenCare Senior Medical Centers to their network, effective immediately.
JenCare operates five centers in Chicagoland providing the access to care and convenience patients expect, including walk-in appointments, expanded hours, expansive office visits, medication dispensing and even door-to-door transportation to those who need it. These centers will be available to customers in Cigna-HealthSpring’s Advantage (HMO), Premier (HMO-POS) and Primary (HMO) plans.
JenCare adheres to the ChenMed approach to high-touch care for Medicare-eligible seniors, that, according to the September American Journal of Managed Care, reduces hospital admissions by 50 percent; decreases health care costs by 28 percent; and improves patient use of preventive medications by up to 41 percent (see AJMC release and abstract). The peer-reviewed journal report shows that JenCare helps MA customers, including those with major and multiple chronic conditions, enjoy more healthy days than MA customers served by standard medical practices.
“As a customer-centric organization, we continue to seek relationships with physician and hospital systems that improve customer access to high-quality care,” said Dr. Stanley Borg, senior medical director with Cigna-HealthSpring in Illinois. “JenCare’s approach to personalized care has shown to help their patients receive the results-driven care they need when they need it.”
“By focusing on delivering quality and armed with the support of carriers like Cigna-HealthSpring, our physicians can provide more time for each patient, which helps earn patient trust,” explained Len Scarpinato, DO, MS, FACP, FAAFP, JenCare Illinois chief medical officer. “Care driven by what works best for the patient makes a real difference in their health and well-being.”
JenCare Chicago primary care physicians (PCPs) share their cell phone numbers with their patients. They encourage calls and texts anytime, and they welcome walk-in appointments.
All Cigna products and services are provided exclusively by or through operating subsidiaries of Cigna Corporation, including Cigna Health and Life Insurance Company, Cigna HealthCare of South Carolina, Inc., Cigna HealthCare of North Carolina, Inc., Cigna HealthCare of Georgia, Inc., Cigna HealthCare of Arizona, Inc., Cigna HealthCare of St. Louis, Inc., HealthSpring Life & Health Insurance Company, Inc., HealthSpring of Florida, Inc., Bravo Health Mid-Atlantic, Inc., and Bravo Health Pennsylvania, Inc. The Cigna name, logos, and other Cigna marks are owned by Cigna Intellectual Property, Inc. Cigna-HealthSpring complies with applicable federal civil rights laws and does not discriminate on the basis of race, color, national origin, age, disability, or sex. Cigna-HealthSpring cumple con las layes federales de derechos civiles aplicables y no discrimina por motivos de raza, color, nacionalidad, edad, discapacidad o sexo. English: ATTENTION: If you speak English, language assistance services, free of charge, are available to you. Call 1-800-668-3813 (TTY 711). Spanish: ATENCIÓN: Si habla español, tiene a su disposición servicios gratuitos de asistencia lingüística. Llame al 1-800-668-3813 (TTY 711). Chinese: 注意：如果您使用繁體/中文，您可以免費獲得語言援助服務 請致電 1-800-668-3813 (TTY 711). Other providers are available in our network. Cigna-HealthSpring is contracted with Medicare for PDP plans, HMO and PPO plans in select states, and with select state Medicaid programs. Enrollment in Cigna-HealthSpring depends on contract renewal.
About Cigna-HealthSpring
Cigna-HealthSpring is a health services company committed to helping Medicare and Medicaid beneficiaries live healthier, more active lives through personalized, affordable and easy-to-use health care solutions. Cigna-HealthSpring offers a variety of options and services to support healthy aging and meet customers' individual health care needs through personal attention, wellness and preventive care.
About JenCare Senior Medical Centers
JenCare operates five primary care medical practices serving seniors in diverse South Chicago communities (Ashburn, Berwyn, Glenwood, Jeffery Manor and Oak Lawn). JenCare brings concierge-style medicine — and better health outcomes — to the neediest populations, as evidenced by a five-year report (see release; report) comparing ChenMed outcomes against quality measures reported by the Centers for Medicaid and Medicare Services. The value-based care provider primarily serves seniors with low-to-moderate incomes, most of whom are managing multiple chronic conditions.
JenCare’s (ChenMed’s) mission is to honor seniors with affordable VIP care that delivers better health. To do that, JenCare relies on innovative technology and a talented, resourceful, and compassionate team of providers. Founded by Dr. James Chen, a Taiwanese immigrant and cancer survivor, ChenMed operates more than 50 medical centers in Florida, Georgia, Illinois, Louisiana, Kentucky, Pennsylvania and Virginia. Well-known ChenMed brands also include Chen Senior Medical Center and Dedicated Senior Medical Center. Reported by PRWeb 2 hours ago.
CHICAGO (PRWEB) January 14, 2019
Cigna-HealthSpring’s Medicare Advantage (MA) customers in Chicago’s South suburbs and Southside communities have a new option for their medical care with the addition of JenCare Senior Medical Centers to their network, effective immediately.
JenCare operates five centers in Chicagoland providing the access to care and convenience patients expect, including walk-in appointments, expanded hours, expansive office visits, medication dispensing and even door-to-door transportation to those who need it. These centers will be available to customers in Cigna-HealthSpring’s Advantage (HMO), Premier (HMO-POS) and Primary (HMO) plans.
JenCare adheres to the ChenMed approach to high-touch care for Medicare-eligible seniors, that, according to the September American Journal of Managed Care, reduces hospital admissions by 50 percent; decreases health care costs by 28 percent; and improves patient use of preventive medications by up to 41 percent (see AJMC release and abstract). The peer-reviewed journal report shows that JenCare helps MA customers, including those with major and multiple chronic conditions, enjoy more healthy days than MA customers served by standard medical practices.
“As a customer-centric organization, we continue to seek relationships with physician and hospital systems that improve customer access to high-quality care,” said Dr. Stanley Borg, senior medical director with Cigna-HealthSpring in Illinois. “JenCare’s approach to personalized care has shown to help their patients receive the results-driven care they need when they need it.”
“By focusing on delivering quality and armed with the support of carriers like Cigna-HealthSpring, our physicians can provide more time for each patient, which helps earn patient trust,” explained Len Scarpinato, DO, MS, FACP, FAAFP, JenCare Illinois chief medical officer. “Care driven by what works best for the patient makes a real difference in their health and well-being.”
JenCare Chicago primary care physicians (PCPs) share their cell phone numbers with their patients. They encourage calls and texts anytime, and they welcome walk-in appointments.
All Cigna products and services are provided exclusively by or through operating subsidiaries of Cigna Corporation, including Cigna Health and Life Insurance Company, Cigna HealthCare of South Carolina, Inc., Cigna HealthCare of North Carolina, Inc., Cigna HealthCare of Georgia, Inc., Cigna HealthCare of Arizona, Inc., Cigna HealthCare of St. Louis, Inc., HealthSpring Life & Health Insurance Company, Inc., HealthSpring of Florida, Inc., Bravo Health Mid-Atlantic, Inc., and Bravo Health Pennsylvania, Inc. The Cigna name, logos, and other Cigna marks are owned by Cigna Intellectual Property, Inc. Cigna-HealthSpring complies with applicable federal civil rights laws and does not discriminate on the basis of race, color, national origin, age, disability, or sex. Cigna-HealthSpring cumple con las layes federales de derechos civiles aplicables y no discrimina por motivos de raza, color, nacionalidad, edad, discapacidad o sexo. English: ATTENTION: If you speak English, language assistance services, free of charge, are available to you. Call 1-800-668-3813 (TTY 711). Spanish: ATENCIÓN: Si habla español, tiene a su disposición servicios gratuitos de asistencia lingüística. Llame al 1-800-668-3813 (TTY 711). Chinese: 注意：如果您使用繁體/中文，您可以免費獲得語言援助服務 請致電 1-800-668-3813 (TTY 711). Other providers are available in our network. Cigna-HealthSpring is contracted with Medicare for PDP plans, HMO and PPO plans in select states, and with select state Medicaid programs. Enrollment in Cigna-HealthSpring depends on contract renewal.
About Cigna-HealthSpring
Cigna-HealthSpring is a health services company committed to helping Medicare and Medicaid beneficiaries live healthier, more active lives through personalized, affordable and easy-to-use health care solutions. Cigna-HealthSpring offers a variety of options and services to support healthy aging and meet customers' individual health care needs through personal attention, wellness and preventive care.
About JenCare Senior Medical Centers
JenCare operates five primary care medical practices serving seniors in diverse South Chicago communities (Ashburn, Berwyn, Glenwood, Jeffery Manor and Oak Lawn). JenCare brings concierge-style medicine — and better health outcomes — to the neediest populations, as evidenced by a five-year report (see release; report) comparing ChenMed outcomes against quality measures reported by the Centers for Medicaid and Medicare Services. The value-based care provider primarily serves seniors with low-to-moderate incomes, most of whom are managing multiple chronic conditions.
JenCare’s (ChenMed’s) mission is to honor seniors with affordable VIP care that delivers better health. To do that, JenCare relies on innovative technology and a talented, resourceful, and compassionate team of providers. Founded by Dr. James Chen, a Taiwanese immigrant and cancer survivor, ChenMed operates more than 50 medical centers in Florida, Georgia, Illinois, Louisiana, Kentucky, Pennsylvania and Virginia. Well-known ChenMed brands also include Chen Senior Medical Center and Dedicated Senior Medical Center. Reported by PRWeb 2 hours ago.
↧
EbixCash’s Travel Divisions Report Cumulative GMV of INR 8,100+ Crores ($1.16 Billion), with the acquisition of two companies - Pearl International and Lawson Travels
JOHNS CREEK, Ga., Jan. 14, 2019 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced that one of its Indian subsidiaries has signed agreements to acquire the assets of Delhi based Pearl International Tour & Travels and Mumbai based Lawson Travels & Tours. The two companies cumulatively conduct a Gross Merchandise Value (GMV) of approximately $140 million or Indian Rupees 1000 crores. Both these companies will be tightly integrated into EbixCash’s Via travel Division.The acquisition of the assets of the two companies will increase EbixCash’s travel expanse across its two travels brands Via & Mercury, to a total GMV of INR 8,100 crores or $ 1.16 Billion. Besides increasing EbixCash’s travel foothold by 10,000 agents, it will also add 300 corporate clients and key B2C portals like www.sastiticket.com to the EbixCash travel spectrum of products and services.
The two acquisitions will cumulatively add approximately 450+ employees, 11 branches and 10,000 agents, leading to EbixCash’s travel portfolio having 2,200+ employees, 212,450+ agent network, 25 branches and 9800+ corporate clients.
Ebix believes that the two acquisitions once fully integrated into its Via Division will generate operating margins of 30% or more, over the next few months. Ebix expects the acquisition to be immediately accretive to its earnings. Ebix funded the acquisition using its internal cash reserves and did not use any investment bankers for the transaction.
Incorporated in 1992, Pearl International Tours and Travels Limited, provides a comprehensive range of B2B and B2C travel services, ranging from domestic and international ticketing, incentives travel, leisure products, luxury holidays, to foreign exchange and travel documentation. The Company has pioneered many firsts in the industry including powering PayTM’s travel portfolio till last year. Apart from servicing customers via its branch network in 10 cities, the Company developed its portal www.Sastiticket.com to service customers online. Through Sastiticket.com and its strong leadership the Company has developed a network of over 7,000 travel agents pan India, hundreds of distributors, and a pan India sales force for distribution of airline, bus and hotel content. For more information, visit the Company’s website at www.travelwithpearl.com
Started in 1991, Lawson Travels & Tours has a strong focus on B2B clients and international ticketing. The Company’s core geographical strength is in the Southern and Western areas of the country, with a special focus on Kerala and the related Middle East markets, serviced through its 3,000 agents in Kerala alone. For more information, visit the Company’s website at www.lawsononline.com
Arjun Seth, Managing Director, Pearl International Tours & Travels said, “I am happy that Pearl & Sastiticket.com will find a new home at Ebix. Being part of a larger global organization will bring best in class systems and processes as also help build the business further synergistically. With further investments in product development, technology, and distribution infrastructure, we remain committed to delivering the broad product offering and value-added customer support that our channel partners and end-users have come to expect from us. We believe that as a part of EbixCash’s Via umbrella, we will continue to charter new frontiers in terms of growth in 2019 and beyond.”
John Thomas, Managing Director, Lawson Travels said, “It is a historic day for Lawson Travel as we begin a new chapter as a part of the Ebix family. It is an emotional time for me as I take this step but am excited to see how this new mighty travel conglomerate takes shape. Our team at Lawson is young and dynamic and has deep knowledge of the travel market. I believe that Lawson’s travel expertise, leadership team, product portfolio when blended with EbixCash’s rich Travel portfolio and one of the most experienced leadership teams in the industry; has the ingredients and potential to dominate the Indian Travel industry.”
Ebix Chairman, President and CEO Robin Raina said “We have set up a very simple goal for ourselves in 2019 as far as the travel industry goes. We want to be India’s most profitable travel company besides being a clear No. 2 in terms of top line by the end of 2019. With GMV of approximately 8,000 crores ($ 1.16 Billion) including Pearl and Lawson at present, we are clearly getting very close to that goal. We are in the unique position of having a rich portfolio of other services like travel insurance, health insurance, foreign exchange, outward remittances, visa services etc. that perfectly complement our travel portfolio leading to extensive cross selling opportunities for us and a one-stop service experience for our B2B and B2C travel clients across the globe.”
EbixCash has two travel brands - the Mercury Luxury initiative and the Via.com travel initiative, that have uniquely positioned EbixCash as India’s largest Financial Exchange with end-to-end travel solutions for all sections of the society.
*About Ebix, Inc.*
With 50+ offices across 5 continents, Ebix, Inc., (NASDAQ: EBIX) endeavors to provide On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries. In the Insurance sector, the Company’s main focus is to develop and deploy a wide variety of insurance and reinsurance exchanges on an on-demand basis, while also, providing Software-as-a-Service ("SaaS") enterprise solutions in the area of CRM, front-end & back-end systems, outsourced administrative and risk compliance, across the world.
With a "Phygital” strategy that combines 330,000 physical distribution outlets in many Southeast Asian Nations (“ASEAN”) countries, to an Omni-channel online digital platform, the Company’s EbixCash Financial exchange portfolio encompasses leadership in areas of domestic & international money remittance, Forex, travel, pre-paid & gift cards, utility payments, lending etc., in an emerging country like India. The Company’s Forex Exchange has a dominant market share of India’s airport Foreign Exchange business encompassing 32 international airports like Delhi, Mumbai, Bangalore, Chennai, Hyderabad, Goa and Kolkata International airports, while conducting over $3 Billion in GMV. EbixCash, through its travel portals Via.com and Mercury, is also one of Southeast Asia’s leading travel exchanges with over 220,000 distribution outlets and 9,800+ corporate clients processing over $1.16 Billion in Gross Merchandise Value (GMV) every year. For further details, visit www.ebixcash.com
Through its various SaaS-based software platforms, Ebix employs thousands of domain-specific technology professionals to provide products, support and consultancy to thousands of customers on six continents. For more information, visit the Company’s website at www.ebix.com
*SAFE HARBOR REGARDING FORWARD-LOOKING STATEMENTS*
As used herein, the terms “Ebix,” “the Company,” “we,” “our” and “us” refer to Ebix, Inc., a Delaware corporation, and its consolidated subsidiaries as a combined entity, except where it is clear that the terms mean only Ebix, Inc.
The information contained in this Press Release contains forward-looking statements and information within the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. This information includes assumptions made by, and information currently available to management, including statements regarding future economic performance and financial condition, liquidity and capital resources, acceptance of the Company's products by the market, and management's plans and objectives. In addition, certain statements included in this and our future filings with the Securities and Exchange Commission ("SEC"), in press releases, and in oral and written statements made by us or with our approval, which are not statements of historical fact, are forward-looking statements. Words such as "may,""could,""should,""would,""believe,""expect,""anticipate,""estimate,""intend,""seeks,""plan,""project,""continue,""predict,""will,""should," and other words or expressions of similar meaning are intended by the Company to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are found at various places throughout this report and in the documents incorporated herein by reference. These statements are based on our current expectations about future events or results and information that is currently available to us, involve assumptions, risks, and uncertainties, and speak only as of the date on which such statements are made.
Our actual results may differ materially from those expressed or implied in these forward-looking statements. Factors that may cause such a difference, include, but are not limited to those discussed in our Annual Report on Form 10-K and subsequent reports filed with the SEC, as well as: the risk of an unfavorable outcome of the pending governmental investigations or shareholder class action lawsuits, reputational harm caused by such investigations and lawsuits, the willingness of independent insurance agencies to outsource their computer and other processing needs to third parties; pricing and other competitive pressures and the Company's ability to gain or maintain share of sales as a result of actions by competitors and others; changes in estimates in critical accounting judgments; changes in or failure to comply with laws and regulations, including accounting standards, taxation requirements (including tax rate changes, new tax laws and revised tax interpretations) in domestic or foreign jurisdictions; exchange rate fluctuations and other risks associated with investments and operations in foreign countries (particularly in Australia, UK and India wherein we have significant operations); equity markets, including market disruptions and significant interest rate fluctuations, which may impede our access to, or increase the cost of, external financing; and international conflict, including terrorist acts.
Except as expressly required by the federal securities laws, the Company undertakes no obligation to update any such factors, or to publicly announce the results of, or changes to any of the forward-looking statements contained herein to reflect future events, developments, changed circumstances, or for any other reason.
Readers should carefully review the disclosures and the risk factors described in the documents we file from time to time with the SEC, including future reports on Forms 10-Q and 8-K, and any amendments thereto. You may obtain our SEC filings at our website, www.ebix.com under the "Investor Information" section, or over the Internet at the SEC's web site, www.sec.gov.
CONTACT: CONTACT:
Darren Joseph or Gautam Sharma
678-281-2027 or IR@ebix.com
David Collins or Chris Eddy
Catalyst Global - 212-924-9800 or ebix@catalyst-ir.com Reported by GlobeNewswire 20 minutes ago.
The two acquisitions will cumulatively add approximately 450+ employees, 11 branches and 10,000 agents, leading to EbixCash’s travel portfolio having 2,200+ employees, 212,450+ agent network, 25 branches and 9800+ corporate clients.
Ebix believes that the two acquisitions once fully integrated into its Via Division will generate operating margins of 30% or more, over the next few months. Ebix expects the acquisition to be immediately accretive to its earnings. Ebix funded the acquisition using its internal cash reserves and did not use any investment bankers for the transaction.
Incorporated in 1992, Pearl International Tours and Travels Limited, provides a comprehensive range of B2B and B2C travel services, ranging from domestic and international ticketing, incentives travel, leisure products, luxury holidays, to foreign exchange and travel documentation. The Company has pioneered many firsts in the industry including powering PayTM’s travel portfolio till last year. Apart from servicing customers via its branch network in 10 cities, the Company developed its portal www.Sastiticket.com to service customers online. Through Sastiticket.com and its strong leadership the Company has developed a network of over 7,000 travel agents pan India, hundreds of distributors, and a pan India sales force for distribution of airline, bus and hotel content. For more information, visit the Company’s website at www.travelwithpearl.com
Started in 1991, Lawson Travels & Tours has a strong focus on B2B clients and international ticketing. The Company’s core geographical strength is in the Southern and Western areas of the country, with a special focus on Kerala and the related Middle East markets, serviced through its 3,000 agents in Kerala alone. For more information, visit the Company’s website at www.lawsononline.com
Arjun Seth, Managing Director, Pearl International Tours & Travels said, “I am happy that Pearl & Sastiticket.com will find a new home at Ebix. Being part of a larger global organization will bring best in class systems and processes as also help build the business further synergistically. With further investments in product development, technology, and distribution infrastructure, we remain committed to delivering the broad product offering and value-added customer support that our channel partners and end-users have come to expect from us. We believe that as a part of EbixCash’s Via umbrella, we will continue to charter new frontiers in terms of growth in 2019 and beyond.”
John Thomas, Managing Director, Lawson Travels said, “It is a historic day for Lawson Travel as we begin a new chapter as a part of the Ebix family. It is an emotional time for me as I take this step but am excited to see how this new mighty travel conglomerate takes shape. Our team at Lawson is young and dynamic and has deep knowledge of the travel market. I believe that Lawson’s travel expertise, leadership team, product portfolio when blended with EbixCash’s rich Travel portfolio and one of the most experienced leadership teams in the industry; has the ingredients and potential to dominate the Indian Travel industry.”
Ebix Chairman, President and CEO Robin Raina said “We have set up a very simple goal for ourselves in 2019 as far as the travel industry goes. We want to be India’s most profitable travel company besides being a clear No. 2 in terms of top line by the end of 2019. With GMV of approximately 8,000 crores ($ 1.16 Billion) including Pearl and Lawson at present, we are clearly getting very close to that goal. We are in the unique position of having a rich portfolio of other services like travel insurance, health insurance, foreign exchange, outward remittances, visa services etc. that perfectly complement our travel portfolio leading to extensive cross selling opportunities for us and a one-stop service experience for our B2B and B2C travel clients across the globe.”
EbixCash has two travel brands - the Mercury Luxury initiative and the Via.com travel initiative, that have uniquely positioned EbixCash as India’s largest Financial Exchange with end-to-end travel solutions for all sections of the society.
*About Ebix, Inc.*
With 50+ offices across 5 continents, Ebix, Inc., (NASDAQ: EBIX) endeavors to provide On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries. In the Insurance sector, the Company’s main focus is to develop and deploy a wide variety of insurance and reinsurance exchanges on an on-demand basis, while also, providing Software-as-a-Service ("SaaS") enterprise solutions in the area of CRM, front-end & back-end systems, outsourced administrative and risk compliance, across the world.
With a "Phygital” strategy that combines 330,000 physical distribution outlets in many Southeast Asian Nations (“ASEAN”) countries, to an Omni-channel online digital platform, the Company’s EbixCash Financial exchange portfolio encompasses leadership in areas of domestic & international money remittance, Forex, travel, pre-paid & gift cards, utility payments, lending etc., in an emerging country like India. The Company’s Forex Exchange has a dominant market share of India’s airport Foreign Exchange business encompassing 32 international airports like Delhi, Mumbai, Bangalore, Chennai, Hyderabad, Goa and Kolkata International airports, while conducting over $3 Billion in GMV. EbixCash, through its travel portals Via.com and Mercury, is also one of Southeast Asia’s leading travel exchanges with over 220,000 distribution outlets and 9,800+ corporate clients processing over $1.16 Billion in Gross Merchandise Value (GMV) every year. For further details, visit www.ebixcash.com
Through its various SaaS-based software platforms, Ebix employs thousands of domain-specific technology professionals to provide products, support and consultancy to thousands of customers on six continents. For more information, visit the Company’s website at www.ebix.com
*SAFE HARBOR REGARDING FORWARD-LOOKING STATEMENTS*
As used herein, the terms “Ebix,” “the Company,” “we,” “our” and “us” refer to Ebix, Inc., a Delaware corporation, and its consolidated subsidiaries as a combined entity, except where it is clear that the terms mean only Ebix, Inc.
The information contained in this Press Release contains forward-looking statements and information within the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. This information includes assumptions made by, and information currently available to management, including statements regarding future economic performance and financial condition, liquidity and capital resources, acceptance of the Company's products by the market, and management's plans and objectives. In addition, certain statements included in this and our future filings with the Securities and Exchange Commission ("SEC"), in press releases, and in oral and written statements made by us or with our approval, which are not statements of historical fact, are forward-looking statements. Words such as "may,""could,""should,""would,""believe,""expect,""anticipate,""estimate,""intend,""seeks,""plan,""project,""continue,""predict,""will,""should," and other words or expressions of similar meaning are intended by the Company to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are found at various places throughout this report and in the documents incorporated herein by reference. These statements are based on our current expectations about future events or results and information that is currently available to us, involve assumptions, risks, and uncertainties, and speak only as of the date on which such statements are made.
Our actual results may differ materially from those expressed or implied in these forward-looking statements. Factors that may cause such a difference, include, but are not limited to those discussed in our Annual Report on Form 10-K and subsequent reports filed with the SEC, as well as: the risk of an unfavorable outcome of the pending governmental investigations or shareholder class action lawsuits, reputational harm caused by such investigations and lawsuits, the willingness of independent insurance agencies to outsource their computer and other processing needs to third parties; pricing and other competitive pressures and the Company's ability to gain or maintain share of sales as a result of actions by competitors and others; changes in estimates in critical accounting judgments; changes in or failure to comply with laws and regulations, including accounting standards, taxation requirements (including tax rate changes, new tax laws and revised tax interpretations) in domestic or foreign jurisdictions; exchange rate fluctuations and other risks associated with investments and operations in foreign countries (particularly in Australia, UK and India wherein we have significant operations); equity markets, including market disruptions and significant interest rate fluctuations, which may impede our access to, or increase the cost of, external financing; and international conflict, including terrorist acts.
Except as expressly required by the federal securities laws, the Company undertakes no obligation to update any such factors, or to publicly announce the results of, or changes to any of the forward-looking statements contained herein to reflect future events, developments, changed circumstances, or for any other reason.
Readers should carefully review the disclosures and the risk factors described in the documents we file from time to time with the SEC, including future reports on Forms 10-Q and 8-K, and any amendments thereto. You may obtain our SEC filings at our website, www.ebix.com under the "Investor Information" section, or over the Internet at the SEC's web site, www.sec.gov.
CONTACT: CONTACT:
Darren Joseph or Gautam Sharma
678-281-2027 or IR@ebix.com
David Collins or Chris Eddy
Catalyst Global - 212-924-9800 or ebix@catalyst-ir.com Reported by GlobeNewswire 20 minutes ago.
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Latest ez1095 ACA Software From Halfpricesoft.com Offers In-House Filing For Quicker Processing
Newest ez1095 2018 ACA software supports in-house processing for much faster results. Test drive with no obligation at halfpricesoft.com.
NEW YORK (PRWEB) January 14, 2019
Regardless of size, all employers that provide self-insured health coverage to employees must file an annual return, reporting certain information for each employee covered. Halfpricesoft.com announces the easier, in-house processing of ACA forms with ez1095 ACA software. The 1095C, 1094C, 1095B and 1094B forms for the upcoming tax season have been implemented and approved by the SSA to print on plain white paper for those wanting to print instead of efiling.
“ez1095 2018 software is an excellent choice for saving time and money when processing of ACA forms, in-house.” said Dr. Ge, the Founder of Halfpricesoft.com.
ez1095 software offers customers a user-friendly graphic interface and Windows menus to make the software quick and easy to set up, use and understand. Priced from just $195 per installation, ($295 for efile version)
Customers that need to file Form 1095C, 1094C, 1095B and 1094B can download and try out this ACA software from halfpricsoft.com before purchasing with no obligation by visiting http://www.halfpricesoft.com/aca-1095/form-1095-software-free-download.asp
The main features include but are not limited to :· Fast data import feature
· Print Form 1095 C: Employer-Provided Health Insurance Offer and Coverage Insurance
· Print Form 1094 C: Transmittal of Employer-Provided Health Insurance Offer and Coverage Information Returns
· Print Form 1095-B: Health Coverage
· Print Form 1094-B: Transmittal of Health Coverage Information Return
· Print ACA Form 1095-C, 1094-C, 1095-B and 1094-B on white paper for recipients and IRS with inkjet or laser printer.
· PDF print 1095-C and 1095-B recipient copies
· Efile version available at additional cost.
· Support unlimited companies.
· Support unlimited number of recipients.
· Print unlimited number of 1095 and 1094 forms.
ez1095 software is compatible Windows 10, 8.1, 8, and 7. Designed with simplicity in mind, ez1095 software is easy to use and flexible. ez1095 software’s graphical interface leads customers step-by-step through setting up company, adding employees, add forms and print forms. Customers can also click form level help links to get more details regarding the software.
To learn more about ez1095 ACA software, customers can visit http://www.halfpricesoft.com/aca-1095/aca-1095-software.asp
About halfpricesoft.com
Halfpricesoft.com is a leading provider of small business software, including online and desktop payroll software, online employee attendance tracking software, accounting software, in-house business and personal check printing software, W2, software, 1099 software, Accounting software, 1095 form software and ezACH direct deposit software. Software from halfpricesoft.com is trusted by thousands of customers and will help small business owners simplify payroll processing and streamline business management. Reported by PRWeb 4 minutes ago.
NEW YORK (PRWEB) January 14, 2019
Regardless of size, all employers that provide self-insured health coverage to employees must file an annual return, reporting certain information for each employee covered. Halfpricesoft.com announces the easier, in-house processing of ACA forms with ez1095 ACA software. The 1095C, 1094C, 1095B and 1094B forms for the upcoming tax season have been implemented and approved by the SSA to print on plain white paper for those wanting to print instead of efiling.
“ez1095 2018 software is an excellent choice for saving time and money when processing of ACA forms, in-house.” said Dr. Ge, the Founder of Halfpricesoft.com.
ez1095 software offers customers a user-friendly graphic interface and Windows menus to make the software quick and easy to set up, use and understand. Priced from just $195 per installation, ($295 for efile version)
Customers that need to file Form 1095C, 1094C, 1095B and 1094B can download and try out this ACA software from halfpricsoft.com before purchasing with no obligation by visiting http://www.halfpricesoft.com/aca-1095/form-1095-software-free-download.asp
The main features include but are not limited to :· Fast data import feature
· Print Form 1095 C: Employer-Provided Health Insurance Offer and Coverage Insurance
· Print Form 1094 C: Transmittal of Employer-Provided Health Insurance Offer and Coverage Information Returns
· Print Form 1095-B: Health Coverage
· Print Form 1094-B: Transmittal of Health Coverage Information Return
· Print ACA Form 1095-C, 1094-C, 1095-B and 1094-B on white paper for recipients and IRS with inkjet or laser printer.
· PDF print 1095-C and 1095-B recipient copies
· Efile version available at additional cost.
· Support unlimited companies.
· Support unlimited number of recipients.
· Print unlimited number of 1095 and 1094 forms.
ez1095 software is compatible Windows 10, 8.1, 8, and 7. Designed with simplicity in mind, ez1095 software is easy to use and flexible. ez1095 software’s graphical interface leads customers step-by-step through setting up company, adding employees, add forms and print forms. Customers can also click form level help links to get more details regarding the software.
To learn more about ez1095 ACA software, customers can visit http://www.halfpricesoft.com/aca-1095/aca-1095-software.asp
About halfpricesoft.com
Halfpricesoft.com is a leading provider of small business software, including online and desktop payroll software, online employee attendance tracking software, accounting software, in-house business and personal check printing software, W2, software, 1099 software, Accounting software, 1095 form software and ezACH direct deposit software. Software from halfpricesoft.com is trusted by thousands of customers and will help small business owners simplify payroll processing and streamline business management. Reported by PRWeb 4 minutes ago.
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FMCA Adds Hankook Tires to Member-Only Tire Savings Program
FMCA, an international organization for RV owners, has announced the addition of Hankook Tires to its popular tire savings program.
CINCINNATI (PRWEB) January 14, 2019
FMCA, an international organization for RV owners, has announced the addition of Hankook Tires to its popular tire savings program. The Hankook Travelers Club offers FMCA members discounted rates on RV, light truck, and passenger car tires.
“We are excited to add Hankook to the lineup of tires FMCA members can purchase via our tire savings program,” FMCA national president Jon Walker said. “Countless FMCA members have shared with us how they have saved significant sums of money when purchasing tires from the current providers, and it’s nice to provide another option.”
Tires are a critical component of any vehicle, and they can be a costly expenditure. The FMCA program also provides special rates on motorhome, light truck, and passenger car tires from Michelin and RV tires from Continental. With Hankook added to the mix, members now have several brands from which to choose.
Members can buy tires at the program price at any participating commercial Michelin, Continental, or Hankook RV tire dealer across the United States. This comes in especially handy when a tire emergency occurs while traveling in an RV.
For more information about the FMCA Tire Savings Program, visit FMCA.com/rv-tires-discounts or call FMCA at (800) 543-3622.
ABOUT FMCA: ENHANCING THE RV LIFESTYLE
FMCA is an international organization for families who own and enjoy the use of self-contained recreation vehicles (RVs). The association maintains its national headquarters in Cincinnati, Ohio, and currently has more than 75,000 active member families. FMCA offers its members a number of benefits, including a subscription to its monthly magazine, Family RVing; a medical emergency and travel assistance program valued at $105 per family; a tire savings program; group rates on a roadside assistance program, RV and auto insurance, and health insurance; discounted rates for RV tours and caravans; and discounts on mobile internet access plans from Verizon and Sprint. Perhaps the most important benefit of FMCA membership is the camaraderie and friendships that develop among people enjoying the common interest of RV travel. The organization can be reached at (513) 474-3622 or (800) 543-3622 and on the web at FMCA.com. Reported by PRWeb 4 minutes ago.
CINCINNATI (PRWEB) January 14, 2019
FMCA, an international organization for RV owners, has announced the addition of Hankook Tires to its popular tire savings program. The Hankook Travelers Club offers FMCA members discounted rates on RV, light truck, and passenger car tires.
“We are excited to add Hankook to the lineup of tires FMCA members can purchase via our tire savings program,” FMCA national president Jon Walker said. “Countless FMCA members have shared with us how they have saved significant sums of money when purchasing tires from the current providers, and it’s nice to provide another option.”
Tires are a critical component of any vehicle, and they can be a costly expenditure. The FMCA program also provides special rates on motorhome, light truck, and passenger car tires from Michelin and RV tires from Continental. With Hankook added to the mix, members now have several brands from which to choose.
Members can buy tires at the program price at any participating commercial Michelin, Continental, or Hankook RV tire dealer across the United States. This comes in especially handy when a tire emergency occurs while traveling in an RV.
For more information about the FMCA Tire Savings Program, visit FMCA.com/rv-tires-discounts or call FMCA at (800) 543-3622.
ABOUT FMCA: ENHANCING THE RV LIFESTYLE
FMCA is an international organization for families who own and enjoy the use of self-contained recreation vehicles (RVs). The association maintains its national headquarters in Cincinnati, Ohio, and currently has more than 75,000 active member families. FMCA offers its members a number of benefits, including a subscription to its monthly magazine, Family RVing; a medical emergency and travel assistance program valued at $105 per family; a tire savings program; group rates on a roadside assistance program, RV and auto insurance, and health insurance; discounted rates for RV tours and caravans; and discounts on mobile internet access plans from Verizon and Sprint. Perhaps the most important benefit of FMCA membership is the camaraderie and friendships that develop among people enjoying the common interest of RV travel. The organization can be reached at (513) 474-3622 or (800) 543-3622 and on the web at FMCA.com. Reported by PRWeb 4 minutes ago.
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De Blasio: NYC to provide health care for all
New York City Mayor Bill de Blasio says the city will spend up to $100 million per year to expand health care coverage to people without health insurance including immigrants in the U.S. illegally. (Jan. 8)
Reported by USATODAY.com 6 days ago.
Reported by USATODAY.com 6 days ago.
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FMCA Adds Hankook Tire to Member-Only Tire Savings Program
FMCA, an international organization for RV owners, has announced the addition of Hankook Tire to its popular tire savings program.
CINCINNATI (PRWEB) January 14, 2019
FMCA, an international organization for RV owners, has announced the addition of Hankook Tire to its popular tire savings program. The Hankook Travelers Club offers FMCA members discounted rates on RV, light truck, and passenger car tires.
“We are excited to add Hankook to the lineup of tires FMCA members can purchase via our tire savings program,” FMCA national president Jon Walker said. “Countless FMCA members have shared with us how they have saved significant sums of money when purchasing tires from the current providers, and it’s nice to provide another option.”
Tires are a critical component of any vehicle, and they can be a costly expenditure. The FMCA program also provides special rates on motorhome, light truck, and passenger car tires from Michelin and RV tires from Continental. With Hankook added to the mix, members now have several brands from which to choose.
Members can buy tires at the program price at any participating commercial Michelin, Continental, or Hankook RV tire dealer across the United States. This comes in especially handy when a tire emergency occurs while traveling in an RV.
For more information about the FMCA Tire Savings Program, visit FMCA.com/rv-tires-discounts or call FMCA at (800) 543-3622.
ABOUT FMCA: ENHANCING THE RV LIFESTYLE
FMCA is an international organization for families who own and enjoy the use of self-contained recreation vehicles (RVs). The association maintains its national headquarters in Cincinnati, Ohio, and currently has more than 75,000 active member families. FMCA offers its members a number of benefits, including a subscription to its monthly magazine, Family RVing; a medical emergency and travel assistance program valued at $105 per family; a tire savings program; group rates on a roadside assistance program, RV and auto insurance, and health insurance; discounted rates for RV tours and caravans; and discounts on mobile internet access plans from Verizon and Sprint. Perhaps the most important benefit of FMCA membership is the camaraderie and friendships that develop among people enjoying the common interest of RV travel. The organization can be reached at (513) 474-3622 or (800) 543-3622 and on the web at FMCA.com. Reported by PRWeb 15 hours ago.
CINCINNATI (PRWEB) January 14, 2019
FMCA, an international organization for RV owners, has announced the addition of Hankook Tire to its popular tire savings program. The Hankook Travelers Club offers FMCA members discounted rates on RV, light truck, and passenger car tires.
“We are excited to add Hankook to the lineup of tires FMCA members can purchase via our tire savings program,” FMCA national president Jon Walker said. “Countless FMCA members have shared with us how they have saved significant sums of money when purchasing tires from the current providers, and it’s nice to provide another option.”
Tires are a critical component of any vehicle, and they can be a costly expenditure. The FMCA program also provides special rates on motorhome, light truck, and passenger car tires from Michelin and RV tires from Continental. With Hankook added to the mix, members now have several brands from which to choose.
Members can buy tires at the program price at any participating commercial Michelin, Continental, or Hankook RV tire dealer across the United States. This comes in especially handy when a tire emergency occurs while traveling in an RV.
For more information about the FMCA Tire Savings Program, visit FMCA.com/rv-tires-discounts or call FMCA at (800) 543-3622.
ABOUT FMCA: ENHANCING THE RV LIFESTYLE
FMCA is an international organization for families who own and enjoy the use of self-contained recreation vehicles (RVs). The association maintains its national headquarters in Cincinnati, Ohio, and currently has more than 75,000 active member families. FMCA offers its members a number of benefits, including a subscription to its monthly magazine, Family RVing; a medical emergency and travel assistance program valued at $105 per family; a tire savings program; group rates on a roadside assistance program, RV and auto insurance, and health insurance; discounted rates for RV tours and caravans; and discounts on mobile internet access plans from Verizon and Sprint. Perhaps the most important benefit of FMCA membership is the camaraderie and friendships that develop among people enjoying the common interest of RV travel. The organization can be reached at (513) 474-3622 or (800) 543-3622 and on the web at FMCA.com. Reported by PRWeb 15 hours ago.
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