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
Implied Repo Rate
Return rate that can be generated by selling a bond futures or forward contract and purchasing an underlying bond of the same amount in the cash ma ...
Open Order
An order to buy or sell a security that stays open until it is either executed, canceled by the customer or until it expires. One of the factors wh ...
Evolutionary Economics
Field of study exploring the processes and resources affecting a firm’s development and transformation. It is a blend of Darwinian principles ...
Financial Modeling
A method of constructing a financial representation of all aspects of a firm or given security. It is typically characterized by performing calcula ...
Minsky Moment
A moment when a market fails or falls into crisis, following a prolonged period of market speculation or unsustainable growth. Anchored on the idea ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
Digesting Financial Statements: Filing
Companies need to file several financial reports in different periods with the Securities and Exchange Commission.
14A Prox ...
A Guide to Your Personal Income Tax: Steps to Take before April 15
Taxpayers, remember these two dates when filing your tax return: December 31 and April 15. We have previously discussed what to do before the year ...
Options Transaction Via Day Trading
Given so many concepts and terminologies in the foreign exchange market, anyone outside the field of finance may have a hard time coping up. Howeve ...
Ethical Investing: Leaving an Ethical Imprint
After selecting the rightful ethical investments and making it work, it is about to decide how to disburse your assets after you die. You have two ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Nov | |
| 02:30 | ANZ Jobs Advertisements | Nov | |
| 02:30 | Company Operating Profits | 3 quarter | |
| 02:30 | Retail Sales | Oct | |
| 09:00 | Trade Balance | Oct | |
| 09:30 | CPI | Nov | |
| 10:00 | Unemployment Change | Nov | |
| 11:30 | Sentix Investor Confidence | Dec | |
| 17:00 | Factory Orders | Oct |
