Medi Finance Update-eMediNews:Health & Medicine Updates

Wednesday, May 22, 2013 | Updated 18:44 IST

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Medi Finance Update

Global funds: These funds invest in any country around the globe. Foreign equity funds provide an opportunity to diversify across many markets and reduceMore...

Salaried persons

Under terms of employment, dearness allowance and dearness pay should form part of basis salary as this will minimize tax incidence on house rent allowance
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Money Market Funds

Bond funds typically invest in bonds issued by governments and large companies. Bond fund returns are based on a combination of interest payments and price changes of the bonds in the fund.
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What is net asset value (NAV)?

Net asset value (NAV) is the actual value of one unit of a given scheme on any given business day. The NAV reflects the liquidation value of the fund’s
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Other Medi Finance Update Article

Overweight Kids Much More Likely To Have Asthma
Over the last few decades, the prevalence of asthma has increased and it is also one of the main causes for children being absent from schools. It has been revealed that children who are overweight are twice as likely to... More »

Sluggish economy hurting Santa Monica seniors on fixed incomes
... programs like Medi-Cal dropped $1.4 billion in the 2011-12 budget alone. ... For instance, the Santa Monica Finance Department recently announced an ...More »

Patient issues aired at SHCHD board meeting; August finances looking good
The lack of a full-time doctor and medical director has put the clinic in an ... The board approved the finance committee's recommendation to transfer the ...More »

U.S. Supreme Court hears Medi-Cal fee-cut case
WASHINGTON -- With hundreds of millions of dollars at stake, California and the Obama administration urged the U.S. Supreme Court on Monday to let the state cut fees to Medi-Cal health care providers without being subject to lawsuits by doctors, hospitals or any of the 7.6 million poor people served by the program.More »

Calif. Governor Brown Issues Legislative Update for Sept. 21, 2011 ?
AB 667 by Assemblymember Holly J. Mitchell (D-Los Angeles) – Medi-Cal: subacute care ... SB 193 by Committee on Governance and Finance – Validations. ...More »