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N.C. Research Campus gets $4.4M lab to find new markets for farmers in the state

The N.C. Research Campus in Kannapolis is getting a new $4.4 million lab that’s designed to find new markets and processing methods for food products grown in the state. The N.C. Food Processing Innovation Center is scheduled to open in 2018 in the core lab in Kannapolis. It’s included in the state budget, which calls for $700,000 in recurring for the 10,000-square-foot facility. “The research and development piece engages university… Read Article →

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Thursday LinkFest

■ First up, FoIB Dana Beezley-Smith has a really powerful post on her blog about the actual, real-world impact that ObamaCare has had on the individual insurance market. While various pundits and pols criticize (often justifiably) on the Republican’s latest attempts, they seem to have missed the ACA’s “trajectory of higher premiums and costs” and “fewer, if any, coverage choices.” Read the whole thing. ■ Co-Blogger Bob V has the… Read Article →

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Euro rockets with $1.35 in view as traders steamroll ECB defences

The announcement on bond tapering is likely to come in September or October, with purchases cut to €40bn a month in January and then phased out by the middle of 2018. By then the ECB will have exhausted the stock of German, Irish, Portuguese, Finnish, and Spanish bonds that it can buy under current rules. Reinhard Cluse from UBS said the ECB’s balance sheet is likely to peak at around… Read Article →

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GOP health care repeal fails again, frustrating Republicans

Party members have been expressing their disappointment, embarrassment and irritation with their leaders. Following the latest health care repeal failure, Republicans are expressing their frustration, embarrassment and even fear to their party leaders. Many have now stated that they feel the promise their party has been making for years – to remove significant portions of the Affordable Care Act – is as close to death as it has ever been…. Read Article →

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Oahu community health centers receive $3M in federal funding

Two Oahu-based community health centers will receive a combined total of nearly $3 million in federal grants to expand their health services The U.S. Department of Health and Human Services will award Waimanalo Health Center with more than $1.1 million and Kokua Kalihi Valley Comprehensive Family Services with more than $1.8 million. “Federal funding plays an important role in ensuring that Hawaii’s Community Health Centers can continue to provide critical… Read Article →

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GSK to sell Horlicks brand and cut 320 jobs

It is also conducting a strategic review of its antibiotics business – with a view to a possible sale – including sites in Ulverston, Cumbria, part of its Barnard Castle facility in Durham and Verona in Italy. It no longer plans to expand its facility in Ulverston. The FTSE 100 firm, which employs a total of 17,000 people in the UK, said the changes were not connected to Brexit. It will invest more than… Read Article →

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Colorado insurance commissioner points finger at Trump administration for massive rate hikes

Marguerite Salazar says that uncertainty generated by the president led to the 27 percent rate hike requests. Colorado Insurance Commissioner Marguerite Salazar’s department received requests for 27 percent rate hikes in the individual market and 7.3 percent for small group. The commissioner is not happy and blames the Trump administration for the uncertainty they’ve created within the market. Salazar said the games played by the Trump administration have caused the… Read Article →

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Medical City Dallas' $125M luxury women's hospital reaches project milestone

A $125 million luxury women’s hospital in North Dallas is beginning to take shape, reaching its uppermost height Tuesday on the Medical City Dallas campus in North Dallas. The hospital, which has been delivering babies at the hospital for 43 years, plans to expand its women’s hospital by five stories in Tower D on the Dallas campus. The expansion adds 80 beds — giving the hospital the ability to increase… Read Article →

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Stunning: 1,000 Words on ACA '18

Courtesy of co-blogger Bob V, “2018 Projected Health Insurance Exchange Coverage Maps.” Here’s the latest: [click to embiggen] As Bob notes, would suck to be in Nevada. Original content copyright © InsureBlog Source