Tobacco stocks have been a staple of Magic Formula Investing® (MFI) since the formula was invented by Joel Greenblatt over 7 years ago. Over that time, all of the major, publicly traded domestic tobacco firms — Altria (MO), Reynolds American (RAI), and Lorrilard (LO) — have entered the formula at one time or another. And other, foreign focused firms such as Philip Morris International (PM) have had the statistical profile of a “Magic Formula” stock.
Today, there are two — Lorillard and Vector Group (VGR). Are either worth looking into as a potential investment? And if so, which of the two is better?
The proliferation of tobacco products aimed at teenagers, such as hookahs and candy–flavored cigars, has led to an increase in use among high-school students, state records show.
In a report in April, the state Department of Health estimated that 154,000 high-school students, about 16 percent of high-school-aged youth, used tobacco products such as cigars, smokeless tobacco, or hookahs in the past 30 days. That’s up from nearly 14 percent in 2011 and 10 percent in 2006.
WASHINGTON — Seven months before the core provisions of President Obama’s health care law are to take effect, most television advertising that mentions the law continues to come from its opponents.
Since the law’s passage in March 2010, critics have spent a total of about $400 million on television ads that refer to it, according to a new analysis by the Campaign Media Analysis Group at Kantar Media, which tracks such spending. Supporters have spent less than a quarter of that — about $75 million — on ads that cast the law in a positive light, according to the analysis.
Moffat County’s commissioners approved a new health care clinic Tuesday, paving the way for vendor Care Here to open a free clinic in Craig for Moffat County government employees and their families.
The purpose of the clinic is to give Moffat County employees a different option for basic health care needs and to save the county money, Human Resources Director Lynette Running said.
“Many employees don’t want to take time off work, pay the co-pay and go see their doctor,” Running said, noting that a free clinic with night and weekend hours might entice county employees to take better care of their health. “We have several employees that won’t even go to the doctor.”
Posted in Medicine
Tagged Clinic, Health
On May 17, Milliman Medical Inc. released their 2013 Milliman Medical Index (MMI). The study provides a unique snapshot of health care costs for an average family of four covered under employer-sponsored health insurance. Instead of just looking at the employer’s cost of health insurance or the family’s medical expenses, the 2013 MMI takes into account the combined cost of employer-sponsored health care including:cost of healthcare, cost of health care
Posted in Health
Tagged Health, Medical
TERRE HAUTE, Ind. (WTHI) – The Affordable Health Care Law is bringing big changes for employers and their workers. But the question up till now has been: how?
A local school corporation said they’ve been forced to drastically alter not only their insurance, but may cut workers’ hours
30 hours of work a week. Who knew it could cost so much to both employers and employees?
But, 30 hours is the threshold that if a worker exceeds under the new law, the employer must provide health insurance; and in the Vigo County School Corporation that includes: education aides, bus drivers, cafeteria workers and others.
DENVER – Efforts toward universal health care in Colorado were highlighted over the weekend at an event in Denver, part of a push to establish a constitutional right to health care in the state.
Appearing at the gathering was Congressman John Conyers of Michigan, who is seeking to build support for his “Medicare for All Act,” which proposes health care coverage for the uninsured, particularly those not covered by policies in the Affordable Care Act.
“Because more and more people are asking about this, what we’re looking for is a good way to get this through as soon as possible,” the veteran lawmaker said.
The heated debate lost most of its steam. The Supreme Court has swatted back the big legal challenge. And November’s presidential election has snuffed out opponents’ hopes for an 11th-hour reversal.
For the 6 million residents of Massachusetts, though, not a whole lot will change. In 2006 then-governor Mitt Romney signed a health-reform law that contained a similar insurance mandate, plus tough rules for when employers must offer plans and the blueprint for a government-run online insurance marketplace, or exchange. What became known as Romneycare ultimately served as the model for the national plan.
Compared to nonsmoking employees, every staff member who lights up costs their employer nearly $6,000 more each year, according to a new report.
The researchers found that more time off, smoking breaks and added health care costs were to blame for this discrepancy. The findings could have implications for smoking policies in the workplace, they suggested.
“Employees who smoke impose significant excess costs on private employers,” Micah Berman, of the College of Public Health & Moritz College of Law at Ohio State University, and colleagues wrote. “The results of this study may help inform employer decisions about tobacco-related policies.”
Sam Standifer, a fifth-grader from Anderson who attends Stellar Charter School, won first place in the annual state poster contest for the Tar Wars Program. Tar Wars is a national anti-tobacco education program sponsored by the American Academy of Family Physicians. This program, now in its 25th year, consists of interactive lectures by health care professionals to fourth and fifth grade classes. Continue reading