A potential ACA outcome that could lead to fewer employers offering health insurance and more government reliance:
Bottom Line: The value comparison site valuepenguin.com provides cost comparisons for many types of products and services. They also have an astute executive team that’s been accurate in providing analysis for the Affordable Care Act thus far. The latest note they put out yesterday was quite telling. Value Penguin found the following:
If that sounds like a recipe for a mess – you’d be right. If we were to inform our employers that we would prefer not to be offered health insurance, many employers may be pleased to drop coverage and pay the much cheaper tax per employee instead. If this occurred the cost to the Federal Government would skyrocket and the reliance on the Federal Government for healthcare would be complete. This is a possible (not a certain) outcome – but if it could save us and employers thousands of dollars per year on insurance cost in the short term (and according to the analysis it would), there is a very real chance this will occur. Higher taxes would be needed to pay for the additional cost to the Government and eventually our system could resemble the European model.
Takeaways for technology today... Take your best guess on what's going to happen then double it - And position yourself accordingly:
Bottom Line: Even if you are adept at anticipating and rolling with technological changes in our everyday life, you’re likely still underestimating it’s speed and impact in our life. A technology analyst, Benedict Evans, for Gartner Inc., was pointing out just how much quicker we moved into the mobile era than had been predicted in 2010. By the end of 2014 the estimate was that as many iPhones would be sold as occurred by the mid point of last year. The Android estimate for sales by the end of 2014 is now being passed every quarter. The takeaway is to identify new technology that is relevant to your business and/or industry and latch onto it as quickly as possible. As a society we are adapting to technology so much faster than in previous times. Being relevant and successful going forward will hinge on your ability to evolve your business activity at the speed of technological change.
Want the best deal? You might need to go back into a store:
Bottom Line: If you’ve become used to comparison shopping online to find the best deal… You may never find it. You’d have to go back to the store to find it. Research from BB&T has shown that in the era of online price matching by most large retailers, you’re likely better off shopping inside of stores for the best prices. In many cases there are in-store discounts and couponing available with pricing that the same or better than sites like Amazon.com. The biggest example of in-store cost savings came from Bed Bath and Beyond. BB&T found that on 30 common items in the store were 6.5% cheaper than the best prices offered on the same items on Amazon.com. Additionally with the regular 20% of coupons for in-store purchases, the savings turned out to be 27%! So your best bet is to take your smart phone in the store with you and get the best of both worlds.
Two companies that tell the economic story:
Bottom Line: If you want to know about what’s really going on in the
Underemployment and your kids - what's happened - what to expect:
Bottom Line: The current underemployment rate for the 2012 college graduates is currently 44%. That’s comprised of a 16% unemployment rate with the balance being those who are working part-time but desirous of full-time employment. For those who have achieved full-time work the average salary is $30,000-$50,000 with just 15% earning more than $50k.
Is Tivo's new product worthwhile?:
Bottom Line: It comes down to if you plan on cutting the cord or dumping the dish. The new TiVo does the following:
It comes with a price tag of a hefty $600. If you plan on dumping your cable or satellite company it doesn’t make sense to buy this because you have your streaming content on demand, recorded and on mobile already. If you want to keep your service it is a neat product that may be worthwhile if you watch a lot of content on mobile devices.
Bring out your dead - creepy new website tells you when you should die:
Bottom Line: Until now the only person who likely has tried to calculate your exact day of death has been your life insurance agent. Now you can. In this link: http://pbump.net/death/ you can input your basic info to obtain the exact estimated day you’ll die based on current life expectancy estimates. If you live beyond that day you’ll really have a reason to celebrate the subsequent birthdays!
More Money - More sex:
Bottom Line: So researchers from