Possible Expiration of Pandemic-Era Measures Among Drivers of 2023 Health Insurance Premium Changes

WASHINGTON, June 22, 2022 /PRNewswire/ -- The American Academy of Actuaries has released a public policy issue brief that points to the possible expiration of two signature pandemic-era measures that boosted health insurance affordability and coverage as among the drivers of potential premium changes for individual and small group plans in 2023.

American Academy of Actuaries. (PRNewsFoto/American Academy of Actuaries)American Academy of Actuaries. (PRNewsFoto/American Academy of Actuaries)

American Academy of Actuaries. (PRNewsFoto/American Academy of Actuaries)

"Proposed health insurance premium rates reflect many factors, which can include the effects of legislative and regulatory changes," said Academy Senior Health Fellow Cori Uccello. "This is especially true for 2023 rates, due to the possible expiration later this year of enhanced Affordable Care Act (ACA) premium subsidies and of a key support of Medicaid coverage during the pandemic."

The issue brief, developed by the Academy's Individual and Small Group Markets Committee, Drivers of 2023 Health Insurance Premium Changes, discusses these key factors and others that may account for differences in premium rates being filed with state insurance departments this year for 2023, compared to 2022 rates. The factors are illustrated in a new infographic as well.

The American Rescue Plan Act of 2021 (ARPA) increased advanced ACA premium tax credits in 2020 and 2021 for all eligible income brackets, including extending tax credits to those who earn over 400% of the federal poverty level. These subsidies, which make plans more affordable, are set to end with the expiration of ARPA on Jan. 1, 2023, reversing enrollment gains and possibly worsening plan risk pools.

Provisions in the Families First Coronavirus Response Act (FFCRA) increased federal fiscal aid to states for covering Medicaid enrollees during the pandemic-related Public Health Emergency (PHE), contingent on the states suspending their usual processes for redetermining eligibility for Medicaid coverage. These provisions are set to expire at the end of the quarter in which the PHE is not renewed, which could happen this year. In that event, states could restart the usual redetermination process, meaning some individuals who received Medicaid coverage during the pandemic could no longer be eligible for Medicaid and shift to the individual market, the employer group markets, or become uninsured—a shift that could affect risk pools in the individual and small groups markets.

Other factors expected to drive premium rate changes for 2023 include changes to the composition of the small group market due to the continued shift of small employers to self-funded, level-funded, or other risk-rated coverage, or otherwise leaving the market; changes in utilization patterns for telehealth visits and for mental health care; and changes in provider contracting including the expected impacts of medical inflation. The costs of preventing, testing for, and treating COVID-19, while expected to stabilize, could also be important factors for certain health insurance plans, depending on projected trends in the pandemic, particularly should a new variant emerge that is not mitigated by the immunity provided by prior infections or vaccinations. State-level measures such as reinsurance programs aimed at lowering premiums could also reduce premiums, with an outsized reduction in the first year of new reinsurance programs.

Learn more about the Academy's health policy work under the public policy tab at actuary.org.

The American Academy of Actuaries is a 19,500+ member professional association whose mission is to serve the public and the U.S. actuarial profession. For more than 50 years, the Academy has assisted public policymakers on all levels by providing leadership, objective expertise, and actuarial advice on risk and financial security issues. The Academy also sets qualification, practice, and professionalism standards for actuaries in the United States.

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SOURCE American Academy of Actuaries

Coconut milk: nutrition facts and health benefits

Due to its distinctive flavor and creamy texture, coconut milk can add a nice twist to coffees, protein shakes and desserts. Although it’s nowhere near as popular as other plant-based milk alternatives in the US, it retains a loyal fan base.But how nutritious is this drink? And can it bring about any tangible health benefits

Coconuts are well-known for their high saturated fat content. For decades, this nutrient has been linked to the obesity epidemic and a host of chronic diseases. However, recent years have seen a steep increase in studies (opens in new tab) challenging these findings, and even contradicting them. 

Healthy lifestyle shown to decrease dementia risk up to 36 percent: study

Retired senior man sleeping on bed by alarm clock at home
(Credit: Maskot / Getty Images)

New evidence suggests that lifestyle factors, including diet, exercise and sleep, can significantly reduce the risk of developing dementia.

More than one-third of residents in assisted living and other residential care communities have some form of dementia or cognitive impairment, according to data from the Alzheimer’s Association.

A study from Vanderbilt University Medical Center published Monday in the American Academy of Neurology’s journal, Neurology, found an association between healthy lifestyles and the risk of Alzheimer’s disease and related dementias among socioeconomically disadvantaged Americans.

Researchers concluded that promoting healthy lifestyles and reducing barriers to lifestyle changes are crucial to tackling the growing burden and disparities posed by Alzheimer’s disease and related dementias.

Research published recently by the U.S. Centers for Disease Control and Prevention Morbidity and Mortality Weekly Report similarly examined risk factors for dementia, finding the prevalence was highest for individuals with high blood pressure and not meeting physical activity guidelines.

Vanderbilt researchers looked at data from 17,209 participants — 1,694 of whom received diagnoses of Alzheimer’s or related dementias during the four-year follow-up period.

Researchers looked at five lifestyle factors — tobacco smoking, alcohol consumption, leisure time physical activity, sleep hours and diet quality — and their effect on dementia risk.

Healthy lifestyles, they reported, were associated with an 11% to 25% reduced risk of Alzheimer’s disease and related dementias. The benefits were seen regardless of sociodemographics and history of cardiometabolic disease and depression. When combined, a composite score of those five lifestyle factors was associated with a 36% reduced risk in the highest versus the lowest quartile. 

“Our findings support the beneficial role of healthy lifestyles in the prevention of Alzheimer’s disease and related dementias among senior Americans, including those with socioeconomic disadvantages and a high risk of dementia,” study lead author Danxia Yu, Ph.D., said in a alzheimer-s-risk-and-disparities">press release. “It is critical to establish public health strategies to make lifestyle modifications achievable for all, especially disadvantaged populations.”

The research is from the Southern Community Cohort Study, a long-term research study launched in 2001 to examine the root causes of various diseases and health disparities.

The study was supported by the National Institutes of Health.

Republican states trying to ban abortion expand health benefits for new mothers | Abortion

A number of Republican-led states that are moving to ban abortion are, at the same time, extending health insurance benefits to new mothers, professing to support “women in crisis”.

As the US supreme court prepares to rule on national abortion rights, many Republican states are seeking severe abortion bans that would force many women to carry pregnancies to term, likely worsening the US maternal mortality crisis.

Some of those same lawmakers are now passing bills that extend Medicaid benefits to low-income mothers, typically for one year after they give birth rather than the current two months.

Arizona, Florida, Tennessee and Texas have all extended health benefits for low-income mothers in recent months, and Alabama and Georgia have both moved to implement such extensions, according to the Kaiser Family Foundation. All have also sought to impose severe abortion restrictions or bans.

Although expanding pregnancy-related health coverage is “a win in many ways”, it does not counteract the fact that abortion bans “would certainly lead to higher risks for maternal morbidity or mortality,” said Sarah Blake, an associate professor of health policy at Emory University in Georgia.

Blake said Georgia lawmakers are in “Jekyll and Hyde mode”. Even as advocates for maternal health, herself included, are “very happy” for the extension, she said, “we know the state is very against women and their access to full scope reproductive health services”.

Changes to postpartum benefits come as the supreme court is expected to rule in the coming days on a critical abortion rights case, Dobbs v Jackson Women’s Health Organization. A leaked draft opinion showed conservative justices are on the verge of ending federal abortion protections. If that happened, 26 states would be certain or likely to ban abortion.

“It shows you how [Republicans] are not operating in good faith,” said Loretta Ross, an associate professor at Smith College in Georgia and a reproductive justice activist. “If they really cared about maternal mortality they’d reduce the causes of maternal mortality – and it goes way beyond Medicaid expansion.”

State legislators in both Democrat- and Republican-led states have made changes to Medicaid, a federal and state partnership that provides health insurance for the poor and disabled, to take advantage of a provision of federal pandemic aid which streamlined postpartum benefit changes.

However, the most dramatic effects would be in Republican-led states, where lawmakers have long refused to expand the program to more low-income people.

The refusal is a legacy of Obamacare debates. Around the time the Affordable Care Act, better known as Obamacare, Republicans sued to stop the expansion of Medicaid. They succeeded in the supreme court, and each state was forced to adopt Medicaid expansion individually.

A dozen states, mostly in the US south, still refuse to do so, even though the federal government would pay 90% of the costs of expanding the program.

Expanding Medicaid only to postpartum women appears to be a way for Republican-led states to champion their aid to a sympathetic group, even as they oppose broader Medicaid expansion and ban abortion, said Ross.

In Texas, for example – a state where one-quarter of women of reproductive age lack health insurance, the highest rate in the nation, and which is among the 10 worst states for maternal mortality – lawmakers recently expanded Medicaid to pregnant patients for six months after giving birth, instead of two.

A single adult supporting two children cannot earn more than $2,760 a year and qualify for Medicaid – unless they are pregnant, in which case they can earn up to $45,600 a year and qualify. However, the exemption previously lasted just 60 days after birth – the federal minimum – after which most people become uninsured once again.

The expansion to six months is welcome but insufficient, said Erika Ramirez, director of policy and advocacy for the Texas Women’s Healthcare Coalition: “We got six, which is better than nothing … [But] over and over, [the] top recommendation [from maternal health experts] has been for women to get postpartum care for a full 12 months.”

When the legislation was signed, Texas state senator Lois Kolkhorst, who sponsored it, described the Medicaid extension as a “bipartisan effort to help keep Texas moms healthy and provide the care needed to avoid preventable deaths and illnesses” .

Yet just two days before the bill passed in the Senate, Kolkhorst and her Republican colleagues passed a total abortion ban, which is expected to go into effect immediately if the US supreme court ends federal abortion protections. It is one of 26 abortion restrictions Kolkhorst voted for in her 11-year career as a legislator.

A similar effort to simultaneously extend Medicaid to pregnant women and ban abortion is under way in Alabama. There, one of the most vocal proponents of expansion is Republican state representative Debbie Wood, who also opposes abortion in nearly all circumstances, including rape and incest.

Kolkhorst could not be reached for comment and Wood did not respond to requests for an interview.

In Tennessee, the Republican governor, Bill Lee, directly connected the state’s postpartum Medicaid expansion and abortion. At a press conference in May, he spoke about Tennessee’s “trigger” ban, a law that will allow the state to immediately ban abortion if the supreme court ends federal protections.

“The lives of unborn children – it’s very important that we protect the lives of them,” he said, adding: “It’s also important that we recognize that women in crisis need support and assistance through this process. For example, that’s why we’ve expanded our postpartum coverage for women in TennCare.”

“This kind of strategy pits needy people against each other,” said Ross. “We’re supposed to advocate for postpartum women to get Medicaid, and screw everybody else who needs it? It’s a classic divide and conquer strategy.”

Creators of Muscle Milk Launch New Hemp Infused Sports Nutrition Brand GYM WEED in U.S. Market | National Business

LOS ANGELES--(BUSINESS WIRE)--Jun 22, 2022--

GYM WEED™, a hemp infused energy drink, officially launched today in the U.S. market with three unique flavors: Pear Pineapple, Stone Fruit and Tropical Berry. GYM WEED provides balanced energy without the jittery, anxious feeling typically associated with energy drinks. With zero sugar and only 10 calories per can, GYM WEED’s additional ingredients include Lion’s Mane and L-Theanine, for an alert and focused feel, along with B-vitamins and electrolytes.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220622005787/en/

Hemp infused energy drink GYM WEED™ launched with three unique flavors: Stone Fruit, Pear Pineapple and Tropical Berry. (Photo: Business Wire)

THC-free, gluten-free and non-GMO, GYW WEED is currently stocked in more than 500 gym locations in select markets nationwide. The suggested retail price of each can is $3.49 - $3.99 and is available for purchase at www.gymweed.com and select retailers.

Developed by Alternative Biologics, Inc., whose founders and team created protein drink category leader MUSCLE MILK, GYM WEED is the Pickett family's newest venture of products to help people feel great, train harder and live each moment to the fullest.

“We created GYM WEED to give people an energy drink that actually makes you feel good to help you power through your toughest workouts,” says Shane McCassy, President at Alternative Biologics, Inc. “Throughout its development, we sent samples of GYM WEED to our friends, industry leading trainers and athletes, and what we learned is what we claim: it tastes great and it provides the energy and focus athletes want when hitting the gym, without the jitters or crash.”

On the U.S. market for just a few weeks, GYM WEED is rapidly expanding within gym and specialty distributors including Europa Sports, DNA Distributors, NYB Distributors and L&E Distributors.

The brand has exciting brand partnerships in the works, including model/wellness influencer Alexis Ren and celebrity trainer Melissa Alcantara. Both will be producing branded content as well as many more exciting things to come with GYM WEED.

GYM WEED Product Range - available for purchase at www.gymweed.com

Pear Pineapple - a bright combination of juicy, ripe pear mixed with fresh, sweet pineapple

  • 20 mg of Hemp Extract
  • 200 mg of Caffeine
  • THC Free
  • 100mg of Lion’s Mane
  • 100mg of L-Theanine
  • 10 Calories
  • 0 Sugar
  • Vegan, Non GMO and Gluten-Free

Tropical Berry - pairs fresh tropical fruits like pineapple, mango and passion fruit with the classic flavors of strawberry, raspberry and cherry

  • 20 mg of Hemp Extract
  • 200 mg of Caffeine
  • THC Free
  • 100mg of Lion’s Mane
  • 100mg of L-Theanine
  • 10 Calories
  • 0 Sugar
  • Vegan, Non GMO and Gluten-Free

Stone Fruit - a fresh orchard loaded with ripe and juicy peaches and plums

  • 20 mg of Hemp Extract
  • 200 mg of Caffeine
  • THC Free
  • 100mg of Lion’s Mane
  • 100mg of L-Theanine
  • 10 Calories
  • 0 Sugar
  • Vegan, Non GMO and Gluten-Free

Lifestyle photos HERE.

Product photos HERE.

View source version on businesswire.com:https://www.businesswire.com/news/home/20220622005787/en/

CONTACT: Famous Last Words PR

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KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: RETAIL SPECIALTY FOOD/BEVERAGE

SOURCE: GYM WEED

Copyright Business Wire 2022.

PUB: 06/22/2022 11:51 AM/DISC: 06/22/2022 11:52 AM

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Copyright Business Wire 2022.

7 lifestyle habits which can halve your risk of dementia

  • More than 55 million people live with dementia, and it is one of the biggest causes of death and disability worldwide.
  • Research shows a healthy lifestyle can cut the chances of getting dementia, even for people whose genes put them at increased risk.
  • Scientists have shown 7 healthy habits seem to stop up to 43% of people developing the condition.
  • Eating well, exercising and not smoking all play a big part in preventing dementia.

Researchers have found that people whose genes put them at increased risk of dementia can reduce their chances of getting the condition by up to 43% if they follow seven habits for healthy living.

It was already thought that a healthy lifestyle could cut the risk of dementia, but until now it has been less clear if this applied to people with genetic variants that make them more likely to develop the condition.

The World Health Organization (WHO) says dementia is the seventh leading cause of death among all diseases worldwide and is responsible for millions of older people enduring disability and dependency. With the proportion of older people increasing in almost every country, the WHO expects dementia cases to rise to 139 million by 2050.

Genetic risk

A study from the American Academy of Neurology investigated whether people with a higher genetic risk could reduce their chances of getting the condition. Researchers followed almost 12,000 people for 30 years and scored them on how closely they followed the American Heart Association’s Life’s Simple 7 – a list of lifestyle habits linked to good cardiovascular health.

7 ways to reduce risk of dementia.

Adopting a healthy lifestyle can help reduce dementia risk, even for people genetically predisposed to develop the condition.

Image: American Heart Association

1. Manage your blood pressure. Keeping your blood pressure within a healthy range reduces the strain on your heart, arteries and kidneys.

2. Control cholesterol. High cholesterol contributes to plaque which can clog arteries and lead to heart disease and stroke.

3. Reduce blood sugar. High levels of blood sugar can damage your heart, kidneys, eyes and nerves.

4. Get active. There’s strong evidence daily physical activity increases the length and quality of your life.

5. Eat better. A healthy diet is one of the best ways to prevent cardiovascular disease.

6. Lose weight. Shedding a few pounds can reduce the burden on your heart, lungs, blood vessels and skeleton.

7. Stop smoking. Smokers have a higher risk of developing a range of serious illnesses including heart disease.

Participants in the dementia study were asked to score themselves on a scale of 0 to 14 depending on how closely they followed all seven healthy habits. Researchers also calculated their genetic risk, based on whether they had variants linked to a higher or lower chance of getting Alzheimer’s disease, which is a major cause of dementia.

Alzheimer’s Diesease, a result of rapid ageing that causes dementia, is a growing concern. Dementia, the seventh leading cause of death worldwide, cost the world $1.25 trillion in 2018, and affected about 50 million people in 2019. Without major breakthroughs, the number of people affected will triple by 2050, to 152 million.

To catalyse the fight against Alzheimer's, the World Economic Forum is partnering with the Global CEO Initiative (CEOi) to form a coalition of public and private stakeholders – including pharmaceutical manufacturers, biotech companies, governments, international organizations, foundations and research agencies.


[embed]https://www.youtube.com/watch?v=m0vWME0Mk1Q[/embed]

[embed]https://www.youtube.com/watch?v=m0vWME0Mk1Q[/embed]

The initiative aims to advance pre-clinical research to advance the understanding of the disease, attract more capital by lowering the risks to investment in biomarkers, develop standing clinical trial platforms, and advance healthcare system readiness in the fields of detection, diagnosis, infrastructure and access.

Healthy lifestyle

The participants had an average age of 54 when the research started. Around 9,000 had European ancestry and 3,000 African ancestry.

By the end of the study 1,603 people with European ancestry and 631 people with African ancestry had developed dementia. Those with the highest scores for following a healthy lifestyle were much less likely to have dementia, including participants who had genetic variants linked to Alzheimer’s.

Study author Adrienne Tin, from the University of Mississippi Medical Centre in Jackson, says: “The good news is that even for people who are at the highest genetic risk, living this same healthier lifestyle [is likely to] lower risk of dementia.”

Alzheimer's disease mortality rate in the United States from 2000 to 2019 (per 100,000 population).

Alzheimer’s is among the 10 leading causes of death in the US.

Image: Statista/Alzheimer’s Association

Risk factors

In those with European ancestry, participants with the highest scores for living healthily were up to 43% less likely to get dementia than those scoring lower. For those with African ancestry, following the healthy habits was linked to a 17% lower risk of developing the condition. But the study’s authors say the smaller numbers of people with African heritage taking part means the findings are less certain for this group, so more research is needed.

Dr Rosa Sancho, from Alzheimer’s Research UK, told The Times: “Dementia risk depends on many factors. Some, like our age and genetic make-up, we cannot change, while others like diet and exercise, we can. This study supports the idea that what is good for the heart is also good for the brain.”

If adopting these seven healthy habits can reduce the number of people who get dementia, it won’t just be individuals who benefit. The World Health Organization says dementia has high global social and economic costs too. Informal carers - including family and friends - spend an average of five hours a day caring for sufferers, and the global financial bill is expected to be more than $2.8 trillion by 2030.

There are many organizations around the world working to help accelerate advances in prevention and treatment of the condition. Davos Alzheimer’s Collaborative is led by the World Economic Forum and The Global CEO Initiative on Alzheimer’s Disease and is investing $700 million over six years into drug development and healthcare diagnostics.

Speaking at a meeting of the DAC Learning Laboratory in May 2022, its co-chair, George Vradenburg, highlighted the importance of remembering that Alzheimer’s can affect anyone, regardless of their economic, racial or geographic status.

“We are explicitly global in character. We want to make sure from the very beginning of this effort that we involve low- and middle-income countries and that we pay attention to all societies, all resource settings and all racial and ethnic legacies as we move forward on the path to cure Alzheimer’s.”




Links: Mark Shields’ death; universal health insurance; free speech

Political columnist Mark Shields died last week. There have been many tributes, all of which focused not only on his sharp commentary but also on what a decent person he was, and the fact that he was interested in, not appalled by, encounters with people who saw the world through different lenses from the ones he used. That is to say, he was an intellectual liberal as well as a political one. Two years ago, when he retired, his sparring partner on PBS's "NewsHour," David Brooks, wrote a lovely encomium.

There is nothing liberal about billionaire libertarian Peter Thiel, whom The Washington Post's Elizabeth Dwoskin profiled in Sunday's June 19 paper. I knew some but not all of this, and was especially intrigued by the title of a biography of Thiel: The Contrarian. Huh? There is nothing contrarian about this ideologue. That is what is so frightening about ideologues: Their ideological framework levels all of life's complexities. In their framework, no one hits a bump in the road, and it is those bumps that keep us humane. He is a 21st-century Ayn Rand with gobs of money. How boring.

In The Guardian, a report on the cost of not having universal health insurance: A new study indicates that the lack of such universal coverage in the United States resulted in an additional 338,000 lives lost during the pandemic and an additional $105 billion in health care costs. So, the next time someone says we can't afford universal health insurance, point out that we can't afford what we have, morally or financially.

At The New York Times, Coral Davenport takes a thorough and bracing look at the potential danger to environmental protections, and other necessary government functions, posed by a forthcoming Supreme Court decision in the case West Virginia v. Environmental Protection Agency. In this histrionic age, it is best to avoid the temptation to overstate the stakes in our various political and cultural battles. In this instance, to paraphrase a famous orator, extremism in the defense of common sense is no vice.

Politico looks at the challenges of changing newsroom cultures with a focus on the leadership of Sally Buzbee at The Washington Post, where she replaced Marty Baron in 2021. There is no way for democracy to function without a free press, and there are multiple dangers facing a free press today — some ideological, some financial, some cultural.

Relatedly, at The Atlantic, Conor Friedersdorf looks at the recent struggle at Georgetown University Law School over the limits of free speech. Newly hired Ilya Shapiro tweeted something that was undeniably stupid and offensive. He apologized, was suspended and the university investigated the matter. Shapiro ended up resigning but he also objected to the investigation by campus bureaucrats. The case raises serious issues about the direction of higher education. As health-law scholar Gregg Bloche told Friedersdorf: "Fear of career-ruining responses to words that offend is chilling classroom discussions, faculty scholarship, and conversation among colleagues."

At Chicago Catholic, Cardinal Blase Cupich offers some advice about preaching on the Trinity, and he cites the book The Vision of Catholic Social Thought: The Virtue of Solidarity and the Praxis of Human Rights, by St. John's University moral theologian Meghan Clark. At a time when too many reduce religion to ethics, it is wonderful to highlight the work of a theologian who recognizes the ways in which are dogmatic truths ground our ethical teachings, and even more when that work gets noticed by a bishop! I reviewed Clark's wonderful book here.

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Millions could lose health coverage if premium subsidies expire later this year, officials say

Absent Congressional action, many consumers will see health-coverage costs skyrocket next year, Biden administration officials warned Wednesday. 

The American Rescue Plan, signed into law in March 2021, temporarily expanded premium tax credits available to consumers signing up for health coverage through the Affordable Care Act marketplaces. Those expanded tax credits are set to expire at the end of this year, and extending them would require Congressional legislation. 

“Time is of the essence,” Chiquita Brooks-LaSure, administrator of the Centers for Medicare and Medicaid Services, said on a call with reporters Wednesday. As this fall’s open enrollment for 2023 marketplace coverage draws near, “we want to make sure that people know the subsidies will be in place,” she said. 

A record 14.5 million people signed up for coverage through the marketplaces during the open enrollment period that ended in January. The average monthly 2022 premium for HealthCare.gov enrollees was $111. Without the additional tax credits provided by the American Rescue Plan, that average monthly cost would have been 53% higher, according to the Department of Health and Human Services. 

If Congress does not act, more than 10 million people will see their premium tax credits reduced or lose them entirely, according to federal estimates, and about 3 million people could lose their health insurance. 

If lawmakers were to act by midsummer, marketplaces and insurers would have time to prepare for the 2023 open enrollment period, which starts in November, according to a recent report from the Urban Institute. The process of setting rates for 2023 plans has already begun.   

Congressional action later in the year could generate confusion as people are signing up for 2023 coverage, Brooks-LaSure said. “Of course we will pivot as quickly as we need to,” she said. But if action comes in the middle of open enrollment, it “would be so difficult for people to understand what was happening.” 

In addition to boosting premium tax credits for people who were previously eligible for subsidies, the American Rescue Plan expanded eligibility to people who were previously ineligible because their income was greater than 400% of the federal poverty level. An additional 2.8 million consumers received premium tax credits in 2022, compared with 2021, according to federal data. 

Without the American Rescue Plan’s enhanced premium tax credits, the average monthly 2022 premium in some states would have been roughly double what it is now. Among states that use the federal marketplace platform, the average 2022 monthly premium in Wyoming would have been 132% higher, according to federal data, while South Dakota average premiums would have been 95% higher.  

What Is Tofu? Nutrition, Health Benefits, Cooking Uses

Old thinking: Tofu is a lackluster source of protein that, in extreme cases, can give you man boobs.

New thinking: More recent research shows that not is tofu an excellent source of protein, but the phytoestrogens-gynemastia connection was completely overblown.

A healthy diet can include tofu and, actually, should.

"Eating various foods is one of the best things you can do for your health," says Brittany Lubeck, M.S., R.D., consultant for Oh So Spotless. "Eating different sources of nutrients regularly ensures you're getting all the vitamins, minerals, protein, fat, and carbs your body needs."

And, Lubeck adds, tofu, which comes from soy, can be a great addition to anyone’s diet. Along with being a good source of protein, tofu has vitamins and minerals, such as calcium, selenium, iron, and zinc.

But seriously, what about those phytoestrogens?

"Tofu has received a bad rap for years, mostly because it contains phytoestrogens, compounds that are similar to the hormone estrogen," says Lubeck. "Because of this, many people falsely believe that tofu and other soy products would cause estrogen activity and levels to rise in their bodies," says Lubeck.

"In fact, the thought that soy products like tofu can lead to cancer has been debunked, and soy may even help prevent cancers like prostate and breast," she says. Lubeck elaborates that much of the negative research on soy products has been performed on animals or other subjects other than humans. "Human studies on soy tend to show positive results."

"Tofu is an extremely healthy source of protein for anyone, including men," echos Dana Ellis Hunnes Ph.D., M.P.H., R.D., senior clinical dietitian at UCLA medical center, assistant professor at UCLA Fielding School of Public Health, and author of the book Recipe For Survival.

"Tofu is a very high-quality protein that has all the amino acids in it and can be incorporated into many types of meals," Ellis Hunnes says.

If you want to learn more about this nutrient-dense "blank canvas" of a protein—from its nutrition stats to how it’s made—we got you.

What is the nutritional profile of tofu?

Pretty solid.

One-half cup of firm tofu contains 181 calories, 22 grams of protein, 4 grams of carbohydrates, 3 grams of which are fiber, no added sugar, and 11 grams of fat.

In terms of micronutrients (if you're into that kind of thing), tofu has 861 milligrams calcium, 3 grams iron, and 299 milligrams potassium, among others.

    Let’s take an extra moment to appreciate that protein content: Just half a cup of tofu has just as much protein in it as a serving of most meats. “In fact, three ounces of beef also contains 22 grams of protein," Lubeck says.

    One more thing to note: The nutrition stats of tofu “depend on whether it is soft/silkened tofu, which has more water in it, or super-firm tofu, which has less water in it,” says Ellis Hunnes. “Firm tofus with less water have higher amounts of protein, and are a little higher in calories and fat ounce-for-ounce compared to silkened/soft tofus,” she says, noting that all types of tofus contain all the amino acids.

    How is tofu made?

    Tofu is made from soybeans which are soaked with water and then ground down to a cooked pulp. The soy milk is separated from the mixture before calcium or magnesium salts are added as a coagulant, which gives tofu its solid form. While you can make tofu at home, it’s a labor-intensive endeavor, so you likely want to buy it in pre-made blocks at the grocery store.

    Will tofu cause man boobs?

    Short answer? Nope.

    Longer answer: "Although a case study has been published noting that soy-eating resulted in gynecomastia (man boobs) and decreased libido, it was determined that this man eats a huge amount of soy daily that most people would not come close to consuming," says Lubeck. "In other studies, it has been proven that eating soy foods will not increase estrogen or decrease testosterone. Estrogen is a hormone primarily present in women, and testosterone is a hormone mostly present in men, although all genders have a bit of each."

    It has been proven that eating soy foods will not increase estrogen or decrease testosterone.

    While estrogen was found to be increased in the previously mentioned case study, says Lubeck, other reports using much larger participant fields found that estrogen levels did not increase after people consumed soy. "In short, eating normal, recommended amounts of tofu and other soy products won't cause hormone changes in men."

    Is tofu healthy?

    Yes.

    Along with countless plant-based foods like beans and lentils, tofu is in good company as a healthy choice to add in your diet. “Tofu and other soy products have impressive research behind them. Eating soy has been associated with a reduced risk of heart disease and prostate cancer. Soy has also been found to be helpful in the treatment of other issues like depression and skin health,” says Lubeck, adding that “soy has also been linked to improved cognition and prevention of dementia.”

    tofu cubes fried and served with black and white sesame in a bowl

    zoranmGetty Images

    Ellis Hunnes says some major health benefits of tofu include “lowering the risk of heart disease because of its fatty acid profile, lowering inflammation because it is a plant-based protein, and lowering the risk of cancers because it is a healthy plant-based protein that can help lower the risk of cancers."

    In terms of micronutrients, Lubeck reiterates that “tofu is an excellent source of calcium, selenium, and manganese,” sharing that people can get more than half their daily needs for calcium and manganese in just half a cup of tofu. “It's also a great source of magnesium, iron, and zinc,” she says.

    Lubeck also appreciates that tofu is low in carbs and contains no added sugar, making it a healthy choice for people with diabetes. “And the fact that tofu has a bit of fiber in it as well makes it even better, as fiber will help slow the digestion process and reduce the blood sugar response.”

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ELSE NUTRITION ANNOUNCES SIZE OF PREVIOUSLY ANNOUNCED MARKETED PUBLIC OFFERING OF UNITS

/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./

VANCOUVER, BC, June 22, 2022 /CNW/ - Else Nutrition Holdings Inc. (TSX: BABY) (the "Company" or "Else"), a leading producer of plant-based baby, toddler and children's food products, is pleased to announce that its previously announced marketed public offering (the "Offering") of units (the "Units") of the Company, which will be sold at an issue price of $1.05 per Unit (the "Issue Price"), will be for an aggregate of 6,940,000 Units for total gross proceeds of $7,287,000.

The Units will be offered for sale by the Company in the Offering, which will be conducted through a syndicate of underwriters (the "Underwriters") led by Stifel Nicolaus Canada Inc. as sole bookrunner.  Each Unit will be comprised of one common share in the capital of the Company (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant will be exercisable to acquire one Common Share (a "Warrant Share") for a period of 60 months following the closing of the Offering (the "Closing") at an exercise price per Warrant Share of $1.25.

The Company has granted the Underwriters an option (the "Over-Allotment Option"), exercisable in whole or in part at any time on or up to 30 days after the Closing, to purchase, or to find substituted purchasers for, up to an additional 1,041,000 Units, equal to 15% of the number of Units sold pursuant to the Offering at the Issue Price to cover over-allotments, if any, and for market stabilization purposes, for additional gross proceeds of up to $1,093,050, for total gross proceeds of up to $8,380,050. The Over-Allotment Option shall be exercisable for Units, Common Shares or Warrants (or any combination thereof).

The Company plans to use the net proceeds from the Offering to fund research and development including clinical studies, fund sales and marketing, acquire inventory, establish a manufacturing facility, and for general corporate purposes.

The Offering is scheduled to close on, or around, June 28, 2022 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX.

On June 21, 2022, in connection with the Offering, the Company filed a preliminary supplement (the "Preliminary Supplement") to its short form base shelf prospectus dated April 20, 2021 (the "Base Shelf Prospectus") with the securities commissions in each of the provinces of Canada, excluding Quebec.

The Preliminary Supplement and the Base Shelf Prospectus contain important detailed information about the Company and the proposed Offering. Prospective investors should read the Preliminary Supplement, the Base Shelf Prospectus and the other documents the Company has filed before making an investment decision. Copies of the Prospectus Supplement, following filing thereof, and the Base Shelf Prospectus will be available on SEDAR at www.sedar.com.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities to be offered have not been, and will not be registered under the 1933 Act or under any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons, absent registration or an applicable exemption from the registration requirements of the 1933 Act and applicable state securities laws.

About Else Nutrition Holdings Inc.

Else Nutrition GH Ltd. is an Israel-based food and nutrition company focused on developing innovative, clean, and plant-based food and nutrition products for infants, toddlers, children, and adults. Its revolutionary, plant-based, non-soy formula is a clean-ingredient alternative to dairy-based formula. Else Nutrition (formerly INDI) won the "2017 Best Health and Diet Solutions" award at Milan's Global Food Innovation Summit. Else Plant-Based Complete Nutrition for Toddlers was recently ranked as the #1 Top Seller in the baby and toddler formula category on Amazon. The Company recently received the World Plant-Based Award for "Best dairy alternative product" in New York at World Plant-Based Expo in late 2021. The holding company, Else Nutrition Holdings Inc., is a publicly traded company listed on the Toronto Stock Exchange under the trading symbol BABY and is quoted on the US OTC Markets QX board under the trading symbol BABYF and on the Frankfurt Exchange under the symbol 0YL. Else's Executives include leaders hailing from leading infant nutrition companies. Many of Else advisory board members had past executive roles in companies such as Mead Johnson, Abbott Nutrition, Plum Organics, and leading infant nutrition Societies, and some of them currently serve in different roles in leading medical centers and academic institutes such as Boston Children's Hospital, Pediatrics at Harvard Medical School, USA, Tel Aviv University, Schneider Children's Medical Center of Israel, Rambam Medical Center and Technion, Israel and University Hospital Brussels, Belgium.

For more information, visit: elsenutrition.com or @elsenutrition on Facebook and Instagram.

Toronto Stock Exchange

Neither the Toronto Stock Exchange nor its regulation services provider (as that term is defined in the policies of the Toronto Stock Exchange) accept responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Statement

This press release contains statements that may constitute "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements are typically identified by words such as "will" or similar expressions. Forward-looking statements in this press release include statements with respect to the anticipated dates for filing the Company's disclosure documents. Such forward-looking statements reflect current estimates, beliefs and assumptions, which are based on management's perception of current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. No assurance can be given that the foregoing will prove to be correct. Forward-looking statements made in this press release assume, among others, the expectation that there will be no interruptions or supply chain failures as a result of COVID 19 and that the manufacturing, broker and supply logistic agreement with the Company do not terminate. Actual results may differ from the estimates, beliefs and assumptions expressed or implied in the forward-looking statements.   Readers are cautioned not to place undue reliance on any forward-looking statements, which reflect management's expectations only as of the date of this press release. The Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE Else Nutrition Holdings Inc.

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