Holiday Wrap-Up

A look back at 2016 thus far   The year in brief. Investors will likely remember 2016 as a year of two momentous votes and one monetary policy decision. This year brought the Brexit referendum in the United Kingdom and a surprise presidential election victory for Donald Trump, and it now appears probable that the Federal Reserve will raise interest …

Mind Over Money

Emotion often drives our financial decisions, even when logic should.  When we go to the grocery store, we seldom shop on logic alone. We may not even buy on price. We buy one type of yogurt over another because of brand loyalty, or because one brand has more appealing packaging than another. We buy five bananas because they are on …

New Rule, Nicer Returns?

Could the new fiduciary rule effectively enhance portfolio performance for retirement savers? A change is coming. The Department of Labor is introducing a new rule regarding retirement accounts – a rule that is profoundly impacting the financial services industry. The rule will require financial services professionals to serve as fiduciaries when they provide advice about IRAs or workplace retirement plans.1,2

Summary of New York Rate Increase Filings

INDIVIDUAL MARKET Company Name 2017 Requested Rate Change Aetna Life Insurance Company 19.4% Affinity Health Plan, Inc.* 20.7% Capital District Physicians’ Health Plan* 11.2% Crystal Run Health Plan, LLC 89.1% Empire HealthChoice HMO, Inc.* 24.0% Excellus Health Plan, Inc.* 15.9% Health Insurance Plan of Greater New York* 14.0% Healthfirst PHSP, Inc.* 6.6% HealthNow New York Inc.* 6.1% Independent Health Benefits …