Categoría: Geovanny Vicente

ALBANY, N.Y, Dec. 30, 2020 /PRNewswire/ — Range of air quality monitoring systems have come to the fore to enable government agencies and industry stakeholders to manage the deteriorating the quality of air, especially in urban spaces. New sensor and IoT-based technologies have made inroads which have transformed the way the particulate matter (PM) and hazardous gases are measures and monitored. Low-cost, portable sensors and IoT have enabled acquisition and sharing of the relevant data to concerned government agencies.

A growing number of agencies are collaboratively working to introduce portable sensor systems and devices, notably non-regulatory monitors.

Measuring air quality is especially challenging to stakeholders in low- and middle-income countries, the reason having to do with the inaccessibility of technologies and remoteness of the areas. To this end, research analysts opine, players should adopt innovative technologies such as drone to gather health data. Further, commercial and industrial environments mandate that public health issues arising out of environmental pollution must be addressed with seriousness. The advent of novel technologies such as air sensor technologies is expected to expand the horizon for stakeholders in the air quality monitoring equipment market.

The global the air quality monitoring equipment market is projected to rise at CAGR of ~8% from 2019 to 2027, and reach worth of ~US$ 7.2 Bn by 2027.

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Key Findings of Air Quality Monitoring Equipment Market

• Of the various types, outdoor air quality monitoring equipment is seeing rapid adoption
• Of the various application areas, air quality monitoring equipment is seeing substantial uptake in industrial segments
• Asia Pacific is the leading regional market
• North America and Europe are expected to see remarkable rise in avenues during the forecast period

Explore 201 pages of superlative research, current market scenario, and extensive geographical projections. Gain insights into the  Air Quality Monitoring Equipment Market (Type: Indoor Air Quality Monitoring Equipment [Fixed Equipment and Portable Equipment] and Outdoor Air Quality Monitoring Equipment [Fixed Equipment and Portable Equipment]; Component: Hardware [Transmitters, Sensors, Power Adopters, Displays, Meters, and Others] and Services [Installation & Maintenance and Training & Support]; Gas: Nitrogen, Oxygen, Carbon, Ozone, and Others; and Application: Industrial [Mining, Energy & Power, Petrochemical, Construction, Food & Beverages, and Others], Commercial [Schools, Offices, Shopping Malls, Hospitals, and Others], and Residential) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027 at https://www.transparencymarketresearch.com/air-quality-monitoring-equipment-market.html

Air Quality Monitoring Equipment Market: Key Driving Factors and Promising Avenues

• The drive for air quality monitoring equipment market comes from the rising health concerns of harmful particulates in air. The growing focus of governments toward addressing public health issues arising out of urban pollution is a key factor in this regard. Air quality also affects workplace productivity significantly, hampering the economic growth of countries.
• Low-cost sensors and portable monitoring equipment are changing the growth dynamics substantially. Manufacturers are leaning on introducing IoT devices to meet the needs of regulatory-grade data for pollution in countries.
• Integration of AI has expanded the capabilities of air quality monitoring equipment, thereby opening new avenues in the air quality monitoring equipment market.
• Industries and commercial establishments are increasingly adopting portable air quality monitors with high accuracy. For instance, industries are adopting ambient air quality monitoring equipment.
• Growing launches of new-generation air quality monitoring equipment is also opening value-grab opportunities for manufacturers in the air quality monitoring equipment market.
• Growing number of smart city projects is expanding the canvas for equipment manufacturers and vendors to capitalize on avenues. Countries such as the U.K., India, and the U.S. are the forefront of the trend of adopting advanced air quality monitoring for smart cities.

Analyze global air quality monitoring equipment market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Air Quality Monitoring Equipment Market: Competitive Dynamics

Regionally, Asia Pacific dominates the global market. Various environmental protection agencies in the region are leaning on improving the technologies used for monitoring of air quality. Rising numbers of air quality monitoring stations in emerging economies in Asia Pacific are also fueling the growth of the regional market. Also, in recent years, several manufactures have shifted the attention to the region, given the growing number of smart city projects undertaken by governments in the region. A large chunk of the demand for Asia Pacific air quality monitoring equipment comes from industrial facilities.

Stringent implementation of regulatory is one of the key trend that is expected to keep North America and Europe lucrative regions in the global air quality monitoring equipment market.

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View original content:http://www.prnewswire.com/news-releases/governments-focus-on-curbing-urban-air-pollution-to-propel-adoption-of-sensor-and-iot-technologies-in-air-quality-monitoring-equipment-market-tmr-301199260.html

SOURCE Transparency Market Research

RIYADH, Saudi Arabia, Dec. 30, 2020 /PRNewswire/ — Following the signing of the implementation agreement for the $300 million Independent Power Project in January 2020, and under the patronage of the Ministry of Energy in Saudi Arabia, ACWA Power today executed the official agreements for the 240 MW wind power project that will be located in the Absheron and Khizi regions.

Key agreements signed by ACWA Power, a leading Saudi developer, investor and operator of power generation and water desalination plants in high growth markets, included the signing of the Investment Agreement with the Government of the Republic of Azerbaijan, represented by the Ministry of Energy. ACWA Power also signed the Power Purchase Agreement and Transmission Connection Agreement with «Azerenerji» OJSC, the national electrical power company and off-taker for the project.

As the first foreign investment based independent wind power project in Azerbaijan structured as a public-private partnership, the plant will contribute to reach Azerbaijan’s target of 30% of renewable energy capacity by 2030. Once complete, it will power 300,000 households. 400,000 tonnes of emissions will also be offset each year.

H.R.H. Prince Abdulaziz Bin Salman Al Saud, Saudi Minister of Energy, said: «The Kingdom of Saudi Arabia and Azerbaijan enjoy long-term diplomatic and economic relations, and cooperation between the two countries has been strengthened recently through their participation in OPEC+. Azerbaijan, along with other member countries played an important role in promoting stability in global oil markets. We appreciate Azerbaijan’s efforts to fulfil its obligations under the Declaration of Cooperation, and the high level of compliance it has achieved.»

His Highness also expressed his confidence in the role that ACWA Power will play in promoting and expanding the cooperation between the Kingdom of Saudi Arabia and the Republic of Azerbaijan, and in supporting the efforts of the Azerbaijani government to meet its national needs of electric energy feasibly, economically and  in adherence to international standards.

His Excellency Parviz Shahbazov, Minister of Energy of the Republic of Azerbaijan stated; «The signing of Agreements and implementation of the Project is an indication of the confidence in the business climate in Azerbaijan and will mark a next stage of economic cooperation between our countries. I am confident that after «ACWA Power» other companies from Saudi Arabia will follow suit and will invest in Azerbaijan. Concerning the importance of this project for Azerbaijan, I would like to stress that in addition to being first ever foreign investment based IPP, the wind power station annually will help to generate 1 billion KWh electricity, saving up to 220 million cubic meters of gas, cutting down on 400,000 tons of emissions annually, create new jobs and new production and service areas.»

ACWA Power’s global expertise in delivering transformative solutions at an affordable cost, will strongly support Azerbaijan in realising its renewable energy development goals.

Mohammad Abunayyan, Chairman of ACWA Power shared his sentiments on the occasion, saying: «The signing of three key agreements today is a significant milestone and a strong step towards unlocking the renewable energy potential of the Republic of Azerbaijan. ACWA Power is honoured to partner with the Ministry of Energy, in Azerbaijan and the national electric power company «Azerenerji» OJSC to develop the first foreign investment based independent wind power plant.»

«ACWA Power continues to leverage its global expertise and capabilities to deliver large scale renewable projects that bring sustainable, socio-economic benefits to communities and markets where we operate,» Abunayyan added.

Abunayyan also reaffirmed that the agreements signed today will contribute to Azerbaijan’s ongoing efforts to deploy renewable energy and provide a better future for upcoming generations. Through diversifying the Azerbaijani energy mix at affordable costs, ACWA Power will support the Azerbaijani government’s plans to achieve its renewable energy targets.

Mr. Balababa Rzayev, President of «Azerenerji» OJSC said; «According to the contracts to be signed, connecting the 240 MW power plant to be built by the company to the grid and purchasing the power to be generated by the plant will be performed by «Azerenerji» OJSC. The implementation of this project will stimulate the development of our national economy, play an important role in ensuring the energy sustainability in our country, allow for saving the gas, which is our natural resource, and have a positive impact on the environment.»

View original content:http://www.prnewswire.com/news-releases/acwa-power-signs-three-agreements-for-the-first-foreign-investment-based-independent-wind-power-project-in-azerbaijan-301199258.html

SOURCE ACWA Power

HOUSTON, Dec. 29, 2020 /PRNewswire/ — Marking a new chapter of heightened corporate transparency, responsibility and accountability, CITGO Petroleum Corporation today released its first-ever report detailing the company’s extensive environmental, social and governance (ESG) initiatives. Information contained in this release highlights the Company’s progress in 2019 consistent with the accompanying report, as well as certain elements of its 2020 ESG progress.

The new report, entitled A Clear Direction Forward, represents a significant shift in the company’s prior approach to corporate responsibility reporting, with an increased emphasis on ethics and governance accountability.

A Clear Direction Forward places CITGO among a growing number of forward-thinking corporations choosing to issue regular ESG reports, a more comprehensive and transparent method of reporting sustainability and societal impact metrics to a broader group of stakeholders.

«CITGO has never been more dedicated to our core values of environmental stewardship, integrity, respect, fairness, social responsibility, operational availability and competitiveness,» said CITGO President and CEO Carlos Jordá. «This report shows those CITGO core values at work.»

The CEO pointed to improved corporate governance as a particular area of emphasis. «When the CITGO board of directors was appointed in 2019, one of its key objectives was to review and strengthen corporate governance,» said Jordá, «we are particularly gratified with the significant progress we’ve made infusing good governance practices across the company.»

Highlights of A Clear Direction Forward include:

• Environmental performance data detailing reductions of 96% and 65%, respectively, in SO₂ (sulfur dioxide) and NOx (nitrous oxides) emissions (2004-2019), as well as the company’s impressive reductions in water use at its three refineries.
• The company’s first-ever statement addressing climate change, including support for legislation aimed at curbing greenhouse gases.
• The extraordinary remediation and restoration of 350-acre Petty’s Island, New Jersey – once home to a CITGO terminal – into an urban wildlife preserve and destination for ecotourism and environmental education.
• A detailed description of comprehensive steps taken to enhance corporate governance, internal controls, compliance and ethics since the appointment of a new CITGO Petroleum Corporation Board of Directors in 2019, including:
• Appointment of the first-ever CITGO Chief Compliance & Ethics Officer, reporting directly to the CEO and to the audit committee of the board of directors.
• An enhanced Integrity Hotline, where anyone – including business partners – can confidentially report compliance or ethics concerns without fear of reprisal.
• Creation of a newly overhauled Code of Business Conduct, outlining responsibilities of all CITGO employees, officers, contractors, business partners, suppliers and third-party representatives.
• Establishment of six compliance and ethics teams throughout the organization, including supply and marketing, shared services, finance, and each of the company’s three refineries.
• Strengthening key committees on the CITGO Petroleum Corporation Board of Directors, including compliance and ethics, audit and commercial committees, to better help identify risk and advise on strategic development efforts.
• Regular training for employees on the Foreign Corrupt Practices Act (FCPA) and relevant compliance and ethics training for employees on a general or targeted basis.
• Data on the company’s leadership in workplace diversity and gender equity, with 37% minority and 36% female representation as of December 2019, respectively, at the professional level, and multiple women in key leadership roles at the corporate executive level, including former board chairwoman and general auditor.
• Metrics demonstrating outstanding workplace safety performance at CITGO, with incident rates below refining industry averages each year since 2015.
• The numerous national awards CITGO has recently garnered, including EPA ENERGY STAR designation, AFPM Elite Gold Safety Award, ILTA Safety Excellence Award and API Distinguished Pipeline Safety Award, to name but a few.
• Details on the company’s steadfast commitment to meet the immediate and long-term health needs of the most vulnerable in and from Venezuela – in light of the country’s complex humanitarian crisis – through the Simón Bolívar Foundation, the company’s 501(c)(3) non-profit foundation.
• Examples of the company’s ongoing commitment to corporate social responsibility include:
• Extensive efforts to assist communities severely impacted by Hurricane Harvey, including work with Coastal Bend Food Banks to establish mobile food pantries in Houston and Corpus Christi.
• Longstanding contributions to the community via its CITGO Innovation Academies;
• Employee volunteer efforts via TeamCITGO;
• Extensive contributions via organizations like the United Way and Rebuilding Together; and the
• Multi-decade CITGO partnership with the Muscular Dystrophy Association (MDA).

«When the new board of directors and management team joined CITGO in 2019, we focused on institutionalizing best practices at CITGO and the Simon Bolivar Foundation – and elevating the importance of diversity and inclusion,» said former CITGO chairwoman and current board member Luisa Palacios, «the results are evident in a more socially responsible company that strives to be an outstanding corporate citizen, prioritizes integrity and transparency and is driving progress in diversity with the appointment of multiple women to key corporate leadership roles for the first time.» 

CITGO emphasized that this increased focus on transparency and accountability to a broad set of stakeholders – embodied in the inaugural release of A Clear Direction Forward – will be an ongoing corporate priority. «We will continue working to protect our people, communities and our planet through actions that are guided by sound judgment and strong adherence to our corporate code of ethics – and we will transparently report our progress,» said CEO Carlos Jordá, «It’s who we are.»

To view the report, click here

About CITGO:

Headquartered in Houston, Texas, CITGO Petroleum Corporation is a recognized leader in the refining industry with a well-known brand. CITGO operates three refineries located in Corpus Christi, Texas; Lake Charles, Louisiana; and Lemont, Illinois, and wholly and/or jointly owns 42 terminals, six pipelines and three lubricants blending and packaging plants. With approximately 3,300 employees and a combined crude capacity of approximately 769,000 barrels per day (bpd), CITGO is ranked as the sixth-largest and one of the most complex independent refiners in the United States. CITGO transports and markets transportation fuels, lubricants, petrochemicals and other industrial products and supplies a network of more than 4,500 locally owned and operated branded retail outlets, all located east of the Rocky Mountains. CITGO Petroleum Corporation is owned by CITGO Holding, Inc.

Forward-Looking Statements:

Certain information included in this release and the ESG report may be deemed to be «forward-looking statements» under applicable securities and other laws that involve risks and uncertainties.  These statements relate to, among other things, expectations regarding our industry, business strategy, goals and expectations concerning our environmental, social and governance initiatives, and our market position and future operations or performance.  We have used the words «anticipate,» «believe,» «could,» «estimate,» «expect,» «intend,» «may,» «plan,» «predict,» «project,» «will,» «would» and similar terms and phrases to identify forward-looking statements, which speak only as of the date of this release.  Unless otherwise indicated or the context requires otherwise, all references in this presentation to «CITGO,» the «Company,» «we,» «us,» «our» or similar references mean CITGO Petroleum Corporation and its consolidated subsidiaries.

Any forward-looking statements are not guarantees of future events and are subject to risks and uncertainties that could cause actual events, developments and business decisions to differ materially from those contemplated by these forward-looking statements.  These statements are based on assumptions and assessments made by our management in light of their experience and their perception of historical trends, current conditions (including current market conditions), expected future developments and other factors they believe to be appropriate.  Although we believe the assumptions upon which these forward-looking statements are based are reasonable, any of these assumptions could prove to be inaccurate, and the forward-looking statements based on these assumptions could be incorrect. In addition, our business and operations involve numerous risks and uncertainties, many of which are beyond our control, which could result in our expectations and goals not being realized or could otherwise materially affect our financial condition, results of operations and cash flows.  We caution readers that these forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially from the results that are projected, expressed or implied.  These risks and uncertainties include, among others, risks related to the effects of the ongoing COVID-19 pandemic, general economic activity, developments in international and domestic petroleum markets, and refinery turnarounds and operations.  Readers are cautioned not to place undue reliance on these forward-looking statements.

The forward-looking statements contained in this release are made only as of the date of this release.  We disclaim any duty to update any forward-looking statements, except as required by law.

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SOURCE CITGO Corporation

COSTA MESA, California, 29 de diciembre de 2020 /PRNewswire-HISPANIC PR WIRE/ — Mother’s Market & Kitchen, que durante 40 años ha sido pionera en el movimiento gastronómico saludable al sur de California, anunció hoy que el mercado abrirá las puertas a su nueva sucursal este verano en Corona del Mar. Esta sucursal, ubicada en el 3021 E. Coast Highway, representa la undécima sede al Sur de California, área que incluye nueve mercados y la sucursal de Mother’s en Sunset Beach, cuya apertura está prevista para junio de 2021.

Al igual que en el resto de sucursales de Mother’s Market, la nueva sede en Corona del Mar (que próximamente compartirá instalaciones con CVS) ofrecerá un supermercado tradicional con opciones de productos naturales y orgánicos de alta calidad, productos frescos orgánicos, comidas caseras listas para consumir y barra de jugos orgánicos, como también una sección dedicada al bienestar. La tienda también planea ofrecer una selección de alimentos locales y especialidades gourmet.

«Nos emociona ser parte de la comunidad de Corona del Mar y de su villa peatonal, y ofreceremos los productos orgánicos de mayor calidad y los alimentos listos para consumir más sabrosos», afirmó Dorothy Carlow, directora ejecutiva de Mother’s Market & Kitchen y residente de CdM. «Este formato pequeño de tienda Mother’s ofrecerá la selección más popular de todos los favoritos de Mother’s para la clientela de CdM y, en el evento de que no tuviéramos en inventario un producto preferido por alguno de nuestros clientes, lo podemos traer de nuestra tienda en Costa Mesa en menos de 24 horas».

Para recibir novedades acerca de la nueva sucursal de Mother’s Market and Kitchen en CdM, envíe un mensaje de texto con la palabra CdM al 66858.

Acerca de Mother’s Market & Kitchen
Fundada en 1978, Mother’s Market & Kitchen es una cadena minorista líder en productos gastronómicos naturales y orgánicos que atiende el Sur de California. Mother’s ofrece los productos orgánicos más frescos a precios inigualables, alimentos preparados saludables y deliciosos, y una selección diversa de alimentos suplementarios, vegetarianos y gourmet orientada al valor. Para obtener más información, visite www.MothersMarket.com.

CONTACTO:  Karen Kalil para Mother’s Market and Kitchen
TELÉFONO:  (714) 371-6783
CORREO ELECTRÓNICO: karenbkalil@gmail.com 

Logotipo: https://mma.prnewswire.com/media/1134573/Mothers_Market_and_Kitchen_Logo.jpg

FUENTE Mother’s Market & Kitchen

El completamente nuevo SUV Sorento que llevó los icónicos números «2021» desde California hasta Times Square para la caída de la bola (Ball Drop), transportará a los trabajadores de primera línea a Times Square para recibir el Año Nuevo

– La nueva campaña creativa, «La primera máquina cuentacuentos del mundo«, que presenta al nuevo Sorento, se transmitirá durante la transmisión del programa «Dick Clark’s New Year’s Rockin’ Eve with Ryan Seacrest 2021″ en ABC a partir de las 8:00 p. m. hora estándar del este.

– National Geographic capturó imágenes de personas y lugares inspiradores en todo el país para una serie de segmentos que se transmitirán durante la programación de la noche

– Como patrocinador oficial de la cuenta regresiva, Kia honrará a los trabajadores de primera línea por su arduo trabajo y dedicación durante la pandemia al recibirlos a ellos y a sus familias en Times Square para una celebración segura de la víspera de Año Nuevo

– La campaña se presentará en las pantallas digitales de New Tradition en One Times Square debajo de la icónica bola de fin de año y los números 2021 hasta finales de enero

IRVINE, California, 29 de diciembre de 2020 /PRNewswire-HISPANIC PR WIRE/ — Kia Motors America, patrocinador oficial de la cuenta regresiva de la víspera de Año Nuevo, anunciará la llegada de 2021 con un esfuerzo innovador para el nuevo SUV Sorento. La campaña comenzó a principios de diciembre con un Sorento que se embarcó en una gira de costa a costa por los Estados Unidos con la misión de llevar los icónicos números «2021» de la víspera de Año Nuevo a One Times Square a tiempo para la caída de la bola. Fotógrafos de National Geographic se unieron a Kia en el viaje de costa a costa para documentar la travesía y capturar historias inspiradoras en lugares seleccionados a lo largo del camino.

En la víspera de Año Nuevo, una nueva campaña creativa protagonizada por el Sorento más resistente y refinado hasta ahora se transmitirá durante el programa «Dick Clark’s New Year’s Rockin’ Eve with Ryan Seacrest 2021″ en ABC. La campaña creada por David & Goliath, la agencia creativa de Kia, incluye un anuncio publicitario de 30 segundos titulado «La primera máquina cuentacuentos del mundo«. El anuncio publicitario muestra que el totalmente nuevo Sorento 2021 es mucho más que un SUV; es una herramienta poderosa y altamente sofisticada, una máquina cuentacuentos para ayudarnos a descubrir historias que vale la pena contar, especialmente en estos tiempos en que las experiencias son limitadas. Además de la campaña de difusión, el Sorento se presentará en las espectaculares vallas publicitarias digitales de New Tradition en la fachada norte de One Times Square, el edificio que inició la tradición anual de la caída de la bola en la víspera de Año Nuevo en 1907. Las vallas publicitarias digitales del Kia Sorento estarán en exhibición a lo largo del mes de enero.

«Como todos, estamos listos para despedirnos del 2020 y dar la bienvenida a las nuevas oportunidades que traerá el 2021, entre ellas la llegada del nuevo Sorento, el SUV más avanzado que Kia haya construido jamás», señaló Russell Wager, director de operaciones de marketing de Kia Motors America. «La víspera de Año Nuevo marca un nuevo comienzo y nuevas oportunidades. Es otra oportunidad para escribir nuestra propia historia. El Kia Sorento, con su capacidad robusta y su interior cómodo y flexible, está perfectamente equipado para llevarte a cualquier lugar al que tu historia conduzca».

Para reconocerles y agradecerles por su arduo trabajo y dedicación, Kia recibirá a los trabajadores de primera línea y sus familias para que puedan vivir la emoción del Año Nuevo en Times Square de forma segura. Se transportará a las familias hacia y desde Times Square en una flota de SUV Kia Sorento y Telluride 2021 para que puedan experimentar esta oportunidad única en la vida.

La campaña de la víspera de Año Nuevo de Kia comenzó el 1 de diciembre con un SUV Sorento completamente nuevo y los números de «2021» de Times Square a cuestas, que emprendió desde la sede de Kia en Irvine, California, un viaje por carretera a través del país para llevar los números a One Times Square. En el camino, el Sorento se detuvo en los concesionarios de Kia en Nevada, Arizona, Texas, Luisiana, Misisipi, Alabama, Florida, Georgia, Carolina del Norte, Virginia, Maryland, Pensilvania, Nueva Jersey y Nueva York. En puntos seleccionados a lo largo de la ruta, National Geographic documentó el viaje del Sorento y ayudó a dar vida a las historias de estos lugares a través de fotografías y videos.

A lo largo del viaje por carretera y durante la celebración de la víspera de Año Nuevo en Times Square, Kia ha cumplido y seguirá cumpliendo con los protocolos recomendados por los CDC en relación con el uso de cubrebocas y las pautas de distanciamiento social. La víspera del Año Nuevo 2021 en Times Square el 31 de diciembre es un evento de transmisión y no está abierto al público.

Acerca de Kia Motors America 

Kia Motors America, cuya sede se encuentra en Irvine, California, ha sido la marca mejor clasificada y es reconocida como una de las 100 mejores marcas mundiales. Kia es el «Socio automotor oficial» de la NBA y ofrece una gama completa de vehículos que se venden a través de una red de más de 750 concesionarios en los Estados Unidos, entre los que se incluyen automóviles y SUV orgullosamente construidos en West Point, Georgia.*

Para obtener información de prensa, incluyendo fotografías, visite www.kiamedia.com. Para recibir avisos personalizados por correo electrónico sobre comunicados de prensa al momento de su publicación, suscríbase en www.kiamedia.com/us/en/newsalert.

*Los modelos Telluride, Sorento y K5 se ensamblan en los Estados Unidos con partes de los Estados Unidos y otros países.

Fotografía: https://mma.prnewswire.com/media/1392718/2021_Sorento_Line_Up.jpg
Fotografía: https://mma.prnewswire.com/media/1392719/Kia_Motors_America_Readies.jpg
Logotipo: https://mma.prnewswire.com/media/812837/Kia_Motors_America_Logo.jpg

FUENTE Kia Motors America

SAN JOSE, Calif., Dec. 29, 2020 /PRNewswire/ — It’s no surprise that the cost of healthcare in America can be expensive. According to recent research from the Kaiser Family Foundation (KFF), those with an employer-sponsored health plan paid an average of $5,588 toward the cost of medical coverage. And with the overall costs of health care rising — growing 4.6% to 3.6 trillion in 2018, according to National Health Expenditures data — it’s important to see what we can do to shore up savings on healthcare costs in the new year.  What follows is what you can do to save on healthcare expenses in 2021, from myFICO.

For more loan and credit education, visit myFICO’s blog at https://www.myfico.com/credit-education/blog.

Here are a few ways you can go about it:

Contribute to a Health Savings Account 
If you have a high-deductible health plan (HDHP), you can open what’s known as a Health Savings Account (HSA). Through an HSA, contributions you make to your account can go toward qualified medical expenses.

Typically, money from an HSA can be used toward copays, prescriptions, equipment, and supplies that you need due to medical necessity. And due to the CARES Act, some tweaks to the existing rules have been made to make it even easier to use your HSA funds to save on healthcare. You can get reimbursed for over-the-counter medication and products without a doctor’s note, and feminine hygiene products are also included.

In 2020, the most you can contribute if you’re an individual is $3,550, and $7,100 for families. For the 2021 tax year, the IRS has announced that the max contribution limits will be bumped up slightly: $3,600 for individual plans and $7,200 for family coverage.

Use Apps to Save on Prescriptions
Americans spent an average of $1,025 on prescription drugs in 2017, according to data from the Kaiser Family Foundation (KFF). To give you a sense of perspective on rising costs (and to account for inflation), the average in 1960 was $90.

Tap into tech and use apps that help you save on prescription medications. There is a handful out there. For starters, GoodRx lists the price of a certain medication at pharmacies near you. It also includes coupons for some prescription drugs.

Besides the free version, GoodRx offers a Gold tier for $5.99 a month. While the Gold version could potentially help you save more, it depends on your ongoing medications and how much more of a discount you could net by paying the subscription fee. If you decide to subscribe to the Gold tier, just remember to work that into your 2021 budget. 

Along the same lines, ScriptSave Rx will help you determine which nearby pharmacy has the lowest price for your prescriptions. You pop in your zip code and the name of the medication, and you can poke around the app to find the lowest price.

Buy Prescriptions in Bulk
Another way to save on prescription medications is to buy bulk, suggests Laura Coleman, an adoption financial coach, accredited financial counselor, and founder of Family Money Coaching.

If it’s an ongoing medication that you always take, then getting a 90-day supply versus a 30-day supply can often save you money. Ask your doctor if you can get a prescription so you can stock up.

Negotiate Your Medical Debt
If you’re part of a third of Americans saddled with medical debt, try to negotiate down the amount you owe, suggests Coleman. If you have some cash on hand, you might be able to bring down the amount you owe substantially.

In Coleman’s case, when her husband was hospitalized last year and diagnosed with diabetes, they were able to negotiate an 80% discount on the hospital bills by paying in cash.

If you’re not in a place to offer cash upfront, see if you can work out a payment plan. One way you could potentially save is to ask for a discount if you pay early or are on an accelerated repayment schedule.

With the increasing rise of healthcare costs, tapping into these tactics and tools can help you save in 2021. And the more you save, the greater your overall well-being will be.

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AUBURN, Mass., Dec. 29, 2020 /PRNewswire/ — The R.H. White Companies, a construction services and solutions organization, was honored as one of five businesses that received the 2020 Sustainability Award from the Associated Industries of Massachusetts (AIM), the largest non-profit, nonpartisan association of employers in the state. The award recognizes excellence in environmental stewardship, promotion of social well-being and contributions to economic prosperity.

R.H. White was named along with four other 2020 Sustainability Award winners including First Light Power, a New England-based, diversified clean energy provider headquartered in Burlington, MA, Vertex Pharmaceuticals, a global biotechnology company based in the Seaport District in Boston; Blue Cross Blue Shield of Massachusetts, a health insurance company with offices in Boston; and Kadant, Inc., a global supplier of industrial machinery based in Westford, MA.

President and CEO, James McCarthy stated, «This award is the culmination of a great deal of hard work by our employees to embark on a sustainable journey consisting of four tenets: safety, employee engagement, environment, and social well-being.  We are currently compiling our second annual Corporate Responsibility Report and look forward to building upon the great strides we are making in our efforts to be a steward of sustainability and resiliency.»

As a company that constructs, operates, and manages water and wastewater infrastructure as one part of its business portfolio, R.H. White protects one of the planet’s most precious natural resources – water. R.H. White’s approach to all its business units is guided by a commitment to sustainable practices. These practices and programs benefit employees and clients alike, as well as the communities where company employees work and live today, tomorrow, and well into the future.

Although R.H. White’s sustainability initiatives have been in place for many years, those practices really began to take hold when the company agreed to host the quarterly AIM Regional Sustainability Roundtables in the Leonard H. White Training Center, in Auburn two years ago.  AIM’s Sustainability Community serves individuals from member companies across Massachusetts that are interested in the basics, new topics, industry trends and best practices.  Members share the common goals of managing their company’s responsibilities for environmental stewardship, social well-being, and economic prosperity over the long term.

In announcing the awards, AIM President and Chief Executive Officer John R. Regan stated, «These companies set the standard for sustainably managing their financial, social, and environmental resources in a manner that ensures responsible, long-term success. Sustainability guarantees that the success of employers benefits our communities, our commonwealth, and our fellow citizens. We congratulate our honorees and all the worthy companies that were nominated,» said AIM President and Chief Executive Officer John R. Regan in announcing the awards.

About R.H. White Companies

Founded in 1923, R.H. White is one of the largest contractors in New England, specializing in utility, mechanical, water/wastewater and general building construction projects. In addition to its headquarters in Auburn, the company has more than 500 employees in company facilities located in Connecticut, New Hampshire, and Massachusetts, including WhiteWater Inc., its water utility management division, in Charlton, MA. For more information, visit www.rhwhite.com or contact info@rhwhite.com or 800-992-8182.

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