April 19, 2021

Covid19

Covid-19 prompted new financial aid to Americans. Could it continue?

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Millions of Americans have received some form of financial support from the government to help them get through the Covid-19 pandemic.

The coronavirus has prompted the federal government to send three sets of stimulus checks, increase federal unemployment benefits and extend the duration and eligibility of those benefits, provide forgivable loans to small businesses and implement new tax credits for families.

It started with the CARES Act that Congress approved in March 2020, and continued with follow-up legislation in December and American Rescue Plan Act that was put through in March.

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How Franchising Aides In Small-Business Owner Support During Covid-19

Devin Haman is the CEO and Co-Founder of Beverly Hills Rejuvenation Center, the nation’s leading medical spa franchise.

The past year has not been a prosperous time for many businesses all over the world due to Covid-19. The global pandemic has changed the dynamics of almost every industry, but its impacts have not been proportionate. Large enterprises were better able to adapt and survive through the major impacts posed by the pandemic, but the brunt of the financial fallout has landed on small- and medium-sized businesses.

The problems being faced by small-business owners during these testing times are

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Whitmer continues to push personal responsibility to combat rising COVID-19 numbers in Michigan

Gov. Gretchen Whitmer’s Wednesday message to Michiganders to combat the latest surge of COVID-19 was much like last week’s message: Get vaccinated, continue to wear masks, social distance and regularly wash hands.

But if you happen to catch COVID-19, Whitmer highlighted a therapy — monoclonal antibodies —that has been available since December but somewhat underused.

So far, 6,600 people who have contracted COVID-19 within about 10 days have received the 21-minute infusion. In early March, Crain’s reported that about 4,000 people had received the antibodies.

“Sixty-five percent of patients report feeling better within two days and less than 5 percent

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Health insurance premium rebates could be larger due to COVID-19

Because so many medical procedures were canceled in 2020, a provision in the Affordable Care Act could mean higher insurance premium rebates.

U.S. health insurance customers may receive higher premium rebates than normal later this year partly because insurers had less care to cover after COVID-19 arrived in 2020.

Some individual insurance customers could receive premium credits or rebates of nearly $300 on average, according to an analysis of government data from the non-profit Kaiser Family Foundation.

The Affordable Care Act requires insurers to give customers refunds or premium credits if they don’t spend certain percentages of the premiums they

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COVID-19 Super Savers Need to Carefully Navigate in a Post-Pandemic World

A little over a year ago, COVID-19 hit the United States, altering the fabric of our daily lives and turning the average American’s personal finances upside down. Within weeks, 52% of all households slashed their spending.  From all the upheaval and radical change emerged a new generation of risk-averse, financially conservative people: Meet the super savers.

After COVID reached the United States, we saw a pronounced jump nationwide in the personal savings rate — the amount of people’s disposable income that gets saved or invested. For the last two decades that savings rate sat at just under 10%. In April

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Michigan Gov. Whitmer touts personal responsibility as COVID-19 surges

Gov. Gretchen Whitmer said Monday the state will extend workplace COVID-19 restrictions this week for another six months because of current pandemic trends

She stressed the extension does not mean that no one will be allowed back into the office. Instead, she said it gives the state the tools needed to transition employees back to work. 

“At this juncture, with our high positivity numbers, it’s really important to extend for another six months so that we have the ability to work through what these protocols look like and get people back into the workplace when it’s safe to do

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