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Report: Health-care law increased insurance coverage of 19- to 25-year-olds
The 2010 federal health-care reform law has increased the portion of young adults with health-insurance coverage, according to a national report from the Employee Benefit Research Institute (EBRI). The percentage of individuals ages 19-25 with private health-insurance coverage rose from 51 percent in 2010 to 55.8 percent in the first six months of 2011, according […]
New York moves to set up health-insurance exchange
A health-benefit exchange for New York State is back on the table, and it could change the insurance market for small businesses. But at this point, experts say it’s unclear exactly how. Gov. Andrew Cuomo included legislation in his 2012-13 proposed state budget that would set up a health-insurance exchange in New York. The exchange
Excellus reopening enrollment for two plans in Oswego County
Excellus BlueCross BlueShield will begin taking new members for its family Health Plus and HMOBlue Option plans in Oswego County starting Feb. 1. Excellus, which is Central New York’s largest health insurer, had stopped enrolling new members in those plans in recent years. It closed the plans to new enrollees in 2005 but continued to
Deconstructing the American Dream
I want to thank President Barack Obama for delivering his third “State of the Union” address, in which the 44th president of the United States laid out clearly his vision of the American Dream.The president embraces 100 years of “progressivism,” which rejects a free-market society. Today, we call progressivism “liberalism,” not to be confused with
New Internet-Security Standards for Financial Institutions
The Federal Financial Institutions examination Council (FFIEC) — a group of federal financial regulators empowered to issue uniform standards for most of the financial institutions in the United States — issued new guidelines to the nation’s federal credit unions, banks, and other financial institutions. It notified them that they will have to comply with new
Cuomo Shows the Courage to Tackle the Extreme Left
New York’s Gov. Andrew Cuomo intrigues me. What he is trying to do may impact the entire country some day. Cuomo is from the left, of course. He gets a lot of campaign money from the left. Teachers’ unions and the education lobby give him big bucks. So do the unions for state and municipal workers. And yet,
NBT profit slips in 4th quarter, but annual net income rises
NORWICH — NBT Bancorp, Inc. (NASDAQ: NBTB) closed out 2011 with the second-highest annual earnings in the company’s history, but saw its earnings slip in the fourth quarter. For the fourth quarter of 2011, NBT reported net income of $13.7 million, or 41 cents per share, down 4.9 percent from $14.4 million, or 42 cents,
Coughlin & Gerhart opens consolidated Bainbridge office
BAINBRIDGE — Coughlin & Gerhart, L.L.P. has combined its Afton and Unadilla branches into one new location at 29 N. Main St. in Bainbridge in the former offices of attorney David DeClue. The new centrally located office will better serve clients in the tri-town area, company officials said in a news release, announcing the change.
CNY Elevator Inspections seeks growth with work in Syracuse
SYRACUSE — The owners of CNY Elevator Inspections, Inc. say they’re thrilled to be able to put the company to work in their home city of Syracuse. “In the last few weeks, we’ve been able to offer our services to city businesses,” says Dan Winslow, senior consultant and one of four partners who own the
CPC closes on $9 million loan to transform former mill building in Frankin Square
SYRACUSE — The Community Preservation Corporation (CPC) has closed on a $9 million Freddie Mac loan for Franklin View Apartments, a former mill building that was transformed into a mixed-use complex of rental apartments and office/warehouse space. Located at 717 N. Clinton St. in the Lakefront area of Franklin Square, the complex is comprised of
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