HIX

Western Asset High Income Fund II Inc. Announces Preliminary Results of Transferable Rights Offering

Retrieved on: 
Tuesday, February 27, 2024
Banking, Asset Management, Professional Services, Finance, Investment, CUSIP, Report, Date, Prospectus, Sale, Fund, HIX, Security (finance)

Western Asset High Income Fund II Inc. (NYSE: HIX) (CUSIP: 95766J-10-2) (“HIX” or the “Fund”) announced today the completion of its transferable rights offering (the “Offer”).

Key Points: 
  • Western Asset High Income Fund II Inc. (NYSE: HIX) (CUSIP: 95766J-10-2) (“HIX” or the “Fund”) announced today the completion of its transferable rights offering (the “Offer”).
  • Holders of Rights were entitled to purchase shares of common stock by submitting three Rights and the subscription price per share for each share purchased.
  • Shares of closed-end investment companies, such as the Fund, frequently trade at a discount from their net asset value.
  • The Fund is actively managed, but there is no guarantee that Western Asset’s investment decisions will produce the desired results.

Western Asset High Income Fund II Inc. Authorizes Rights Offering

Retrieved on: 
Friday, January 19, 2024
Banking, Asset Management, Professional Services, Finance, Subscription business model, Franklin Templeton Investments, CUSIP, HIX, Western Asset Management Company, Rights, Shareholder, Prospectus, Sale, Investment, Report, Date, Exercise, Expiration, Security (finance), Formula

Western Asset High Income Fund II Inc. (NYSE: HIX) (CUSIP: 95766J-10-2) (“HIX” or the “Fund”) announced today that its Board of Directors has approved a transferable rights offering (the “Offer”).

Key Points: 
  • Western Asset High Income Fund II Inc. (NYSE: HIX) (CUSIP: 95766J-10-2) (“HIX” or the “Fund”) announced today that its Board of Directors has approved a transferable rights offering (the “Offer”).
  • Franklin Templeton Fund Adviser, LLC (formerly known as Legg Mason Partners Fund Advisor, LLC) and Western Asset Management Company, LLC (“Western Asset”), each an indirect wholly-owned subsidiary of Franklin Resources Inc. and the Fund’s investment adviser and subadviser, respectively, believe that the Offer may benefit the Fund and its stockholders in several ways.
  • An increase in Fund assets may also have a positive impact on the Fund’s expense ratio, as fixed costs will be distributed over a larger asset base.
  • The Fund is actively managed, but there is no guarantee that Western Asset’s investment decisions will produce the desired results.

China Emerges as a Key Player: Health Insurance Exchange (HIX) Market to Reach $24.9 Billion by 2030 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, August 9, 2023
COVID-19, Other Consumer, Technology, Insurance, Professional Services, Health Insurance, Software, Health, Consumer, Pressure, New Mexico Health Insurance Exchange, Government, COVID, TPA, Compound annual growth rate, Climate change, Investment, Private exchange, Risk, Growth, MNsure, HIX, Food, Video game, Tourism, Arms industry

The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 14.8% CAGR

Key Points: 
  • The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 14.8% CAGR
    The Health Insurance Exchange (HIX) market in the U.S. is estimated at US$2.3 Billion in the year 2022.
  • China, the world's second largest economy, is forecast to reach a projected market size of US$4.1 Billion by the year 2030 trailing a CAGR of 14.8% over the analysis period 2022 to 2030.
  • The report provides a comprehensive analysis of the global Health Insurance Exchange (HIX) market, focusing on different geographic regions, including the USA, Canada, Japan, China, Europe, Asia-Pacific, and Rest of the World.
  • The study covers the recent past, current, and future trends in the market for the years 2022 through 2030.

Big or Small, Red or Blue – States With Laws Protecting Patient Assistance Programs Have Not Seen Health Insurance Premium Hikes

Retrieved on: 
Thursday, July 13, 2023
Alternative Medicine, White House, Federal Government, Healthcare Reform, Health, Public Policy, Foundation, Congressional News, Views, Government, Medical Supplies, Diabetes, Insurance, Human Resources, People with Disabilities, Professional Services, Philanthropy, Health Technology, Parenting, Health Insurance, Advocacy Group Opinion, Women, Telemedicine, Virtual Medicine, Seniors, Other Health, Men, Pharmaceutical, Optical, Family, Oncology, Mental Health, Medical Devices, Consumer, Hospitals, Practice Management, Physical Therapy, Fitness & Nutrition, Managed Care, Dental, General Health, Cardiology, Doctor of Pharmacy, Health insurance marketplace, Robert Wood Johnson Foundation, OOP, ANOVA, Silver, Platinum, Medicine, Pharmacy, MS, Advocacy, Headache, Gold, Affordable Care Act, ACA, Patient, DSM-IV codes, Outreach, PBM, Paps, Chronic condition, Care Act 2014, HIX, Rest, Disease, Conditional sentence, Legislation, Health insurance

In nineteen states, to date, these laws protect patient assistance programs (PAPs) by requiring that the financial assistance given to patients count toward their co-pays, deductibles, and out-of-pocket (OOP) maximums.

Key Points: 
  • In nineteen states, to date, these laws protect patient assistance programs (PAPs) by requiring that the financial assistance given to patients count toward their co-pays, deductibles, and out-of-pocket (OOP) maximums.
  • “Insurance companies assert that restricting accumulator and maximizer programs will cause higher health insurance premiums for everyone, but that claim is false.
  • The second variable analyzed was the introduction of legislation protecting patient assistance programs by prohibiting accumulators and/or maximizers.
  • The analysis shows that across all “metal tiers,” there has been no statistically significant difference in the rates of health insurance premium increases upon passage or implementation of legislation protecting patient assistance programs by prohibiting accumulator and/or maximizer policies.

Global Healthy Living Foundation Launches Free Tool Demonstrating How State Laws Protecting Patient Assistance Programs Impact Health Insurance Premiums

Retrieved on: 
Tuesday, November 29, 2022
Technology, Insurance, Professional Services, Public Policy, Government, Health Insurance, Software, State, Local, Pharmaceutical, Health, Data Management, COVID-19, Affordable Care Act, Injury, Legislation, Conditional sentence, MS, Osteoporosis, Care Act 2014, OOP, Insurance, PBM, Social media, Caregiver, Policy, Patient, Cardiovascular disease, Education, Arthritis, HIX, Robert Wood Johnson Foundation, Platinum, Gold, Doctor of Pharmacy, Pharmacy, Health insurance marketplace, Rest, Family, Migraine, Quality of life, Psoriasis, ACA, ANOVA, 1946 Antarctica PBM Mariner crash, Vaccine, Silver, Inflammatory bowel disease, Health insurance

The Global Healthy Living Foundation (GHLF) today launched a free, interactive tool that will provide legislators, policy makers, and interested parties with objective data demonstrating how U.S. health insurance premiums have fluctuated since 2014.

Key Points: 
  • The Global Healthy Living Foundation (GHLF) today launched a free, interactive tool that will provide legislators, policy makers, and interested parties with objective data demonstrating how U.S. health insurance premiums have fluctuated since 2014.
  • Our analysis shows that the assertion made by insurance companies and PBMs that restricting accumulator and maximizer programs will cause higher health insurance premiums simply isnt true.
  • The second variable analyzed was the introduction of legislation protecting patient assistance programs by prohibiting accumulators and/or maximizers.
  • This tool will help stakeholders visualize health insurance premium changes year to year and, specifically, as related to restriction of accumulator and maximizer programs, said Louis Tharp, executive director and co-founder, Global Healthy Living Foundation.

Informatica Launches Intelligent Data Management Cloud for Healthcare & Life Sciences

Retrieved on: 
Tuesday, May 24, 2022
Cloud, Health information exchange, McKinsey & Company, Hospital, Software, Cloud Data Management Interface, Unified communications as a service, AI, National Council for Prescription Drug Programs, Master data management, NPI, INFA, Patient, Health, List of life sciences, HCM, Omnichannel, Conference on Semantics in Healthcare and Life Sciences, Privacy, Health care, MedPro Group, National, Blue Cross Blue Shield Association, Industry, Salesforce, HL7, HIX, HIPAA, IDMC, NYSE, Data management, Medical imaging, Pharmaceutical industry, Informatica

REDWOOD CITY, Calif., May 24, 2022 /PRNewswire/ -- Informatica (NYSE:INFA), an enterprise cloud data management leader, today announced the Intelligent Data Management Cloud (IDMC) for Healthcare and Life Sciences with new cloud-first, cloud-native capabilities designed to build digital-first experiences for connected patient care. IDMC for Healthcare and Life Sciences is the industry's first cloud-neutral, AI-powered, data management platform with the ability to ingest, manage and govern data in a hybrid, multi-cloud environment.

Key Points: 
  • IDMC for Healthcare and Life Sciences is the industry's first cloud-neutral, AI-powered, data management platform with the ability to ingest, manage and govern data in a hybrid, multi-cloud environment.
  • IDMC for Healthcare and Life Sciences is an end-to-end integrated data management cloud that enables the entire data lifecycle, including data discovery, ingestion, integration of data and applications, quality improvement, single views and 360 applications, governance, privacy, and data sharing and democratization.Key capabilities of IDMC for Healthcare and Life Sciences include:
    Cloud-first, Master Data Management offering a golden record of patient data:Healthcare organizations are prioritizing a single source of truth on their master data for patients, providers or members.
  • "IDMC for Healthcare and Life Sciences addresses the unique challenges the industry faces with data siloes and unstructured data," said Richard Cramer, Chief Healthcare Strategist, Informatica.
  • Informatica (NYSE: INFA), an Enterprise Cloud Data Management leader, empowers businesses to realize the transformative power of data.

Western Asset High Income Fund II Inc. Announces Final Results of Transferable Rights Offering

Retrieved on: 
Friday, May 13, 2022
Banking, Professional Services, Finance, Personal Information Agent, AUM, Risk management, New, Investment, CUSIP, Franklin Templeton Investments, Sale, HIX, Report, Fund, Prospectus, NYSE, Security (finance), Financial adviser, Western Asset Management Company

Western Asset High Income Fund II Inc. (NYSE: HIX) (CUSIP: 95766J 110) (HIX or the Fund) announced the final results of its transferable rights offering (the Offer).

Key Points: 
  • Western Asset High Income Fund II Inc. (NYSE: HIX) (CUSIP: 95766J 110) (HIX or the Fund) announced the final results of its transferable rights offering (the Offer).
  • Shares of closed-end investment companies, such as the Fund, frequently trade at a discount from their net asset value.
  • Therefore, the Fund cannot predict whether its shares will trade at, below, or above their net asset value.
  • The Fund is actively managed, but there is no guarantee that Western Assets investment decisions will produce the desired results.

Western Asset High Income Fund II Inc. Announces Preliminary Results of Transferable Rights Offering

Retrieved on: 
Monday, May 9, 2022
Banking, Professional Services, Finance, Date, HIX, Investment, Risk management, Fund, New, NYSE, Franklin Templeton Investments, Report, Personal Information Agent, Prospectus, Sale, CUSIP, AUM, Security (finance), Financial adviser, Western Asset Management Company

Western Asset High Income Fund II Inc. (NYSE: HIX) (CUSIP: 95766J 110) (HIX or the Fund) announced today the completion of its transferable rights offering (the Offer).

Key Points: 
  • Western Asset High Income Fund II Inc. (NYSE: HIX) (CUSIP: 95766J 110) (HIX or the Fund) announced today the completion of its transferable rights offering (the Offer).
  • Holders of Rights were entitled to purchase shares of common stock by submitting three Rights and the subscription price per share for each share purchased.
  • Shares of closed-end investment companies, such as the Fund, frequently trade at a discount from their net asset value.
  • The Fund is actively managed, but there is no guarantee that Western Assets investment decisions will produce the desired results.

Western Asset High Income Fund II Inc. Authorizes Rights Offering

Retrieved on: 
Tuesday, March 29, 2022
Banking, Professional Services, Finance, Exercise, Formula, Sale, Shareholder, Investment, Personal Information Agent, Franklin Templeton Investments, Board, NYSE, Rights, CUSIP, SEC, Globe, Risk management, Formula pricing, Bangladesh Securities and Exchange Commission, Specialization, Board of directors, Prospectus, LLC, AUM, Expiration, Director, Expiration date, Subscription business model, Income, HIX, Date, Report, New, Security (finance), Reinsurance, Financial services, Western Asset Management Company, Fund, WESTERN ASSET, FRANKLIN TEMPLETON

Western Asset High Income Fund II Inc. (NYSE: HIX) (CUSIP: 95766J 110) (HIX or the Fund) announced today that its Board of Directors has approved a transferable rights offering (the Offer).

Key Points: 
  • Western Asset High Income Fund II Inc. (NYSE: HIX) (CUSIP: 95766J 110) (HIX or the Fund) announced today that its Board of Directors has approved a transferable rights offering (the Offer).
  • Legg Mason Partners Fund Advisor, LLC and Western Asset Management Company, LLC (Western Asset), each an indirect wholly-owned subsidiary of Franklin Resources Inc. and the Funds investment adviser and subadviser, respectively, believe that the Offer may benefit the Fund and its stockholders in several ways.
  • Shares of closed-end investment companies, such as the Fund, frequently trade at a discount from their net asset value.
  • The Fund is actively managed, but there is no guarantee that Western Assets investment decisions will produce the desired results.