HEALTH PLAN CATEGORIES
Four types of health insurance plans that are differentiated based on the average percentage of health-care expenses that will be paid by the plan. Under the Patient Protection and Affordable Care Act (ACA), the U.S. health reform enacted March 23, 2010, health insurance plans are offered in four actuarial levels: Bronze, Silver, Gold and Platinum. The level defines the amount of expenses each type of plan covers. The higher the actuarial value (i.e. Gold and Platinum), the more the plan will pay, on average, toward health-care expenses; the lower the actuarial value (Bronze and Silver), the less the plan will pay.
POPULAR TERMS
Universal Banking
Universal Banking is a banking system that offers a wide range of financial services for both commercial and investment banking. European countries ...
Satellite Operation
Satellite Operation is a small office of a particular company or government agency that is located in a different place.
Forfaiting
The purchasing of receivables of an exporter (the amount importers owe the exporter) at a discount by paying cash. The forfaiter, the purchaser of ...
Electronic Payments Network - EPN
Electronic automated clearing house (ACH), operating as the only ACH for the private sector in the United States. It handles numerous credit transf ...
Turkey
Slang term for a losing investment whose yields decline or become worse than expected. Securities with substantial losses, failed business transact ...
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SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Papers
Documentation is the most significant part of taxation. If you do not properly account your income and expenses, chances are you will likely miss o ...
Getting to Know The Federal Reserve
The world’s largest economy in the world is the economy of the United States and running it, keeping it in check, and making sure that it doe ...
Digesting Financial Statements: Earnings
For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
An Introduction to Insurance
Most people in the world own insurance. Insurance take a lot of forms such as medical insurance, automobile insurance, and the most common of them ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Economy Watchers Survey | May | |
| 08:00 | Factory Orders | Apr | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:30 | Sentix Investor Confidence | Jun | |
| 00:45 | Manufacturing Sales | 1 quarter | |
| 01:01 | BRC Retail Sales Monitor | May | |
| 01:50 | M2 Money Supply + CD | May | |
| 02:30 | Westpac Consumer Sentiment | Jun | |
| 03:30 | NAB Business Confidence | May |
