In business, the term operating expense (OPEX) appears in budgeting and spending, but also as an Income statement term in financial accounting. In brief, operating expenses include most expenditures for operating the firm's normal line of business, which are not capital spending. Operating expenses do not result in capital assets.
At the state level, the percentage of the under-65 population who were either uninsured or underinsured ranged from 14 percent in Massachusetts to 36 percent to 38 percent in the five highest-rate statesâIdaho, Florida, Nevada, New Mexico and Texas.
In 2012, 12.6 percent of motorists, or about one in eight drivers, was uninsured, according to a 2014 study by the Insurance Research Council (IRC). The percentage has been declining in recent years. Oklahoma had the highest percentage of uninsured motorists, 26 percent, and Massachusetts had the lowest, 4 percent.