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.
The study named Boston, New York, and Norfolk, Va., as the three most vulnerable metropolitan areas. Another study found that just a 1.5-foot rise in sea level would expose about $6 trillion worth of property to coastal flooding in the Baltimore, Boston, New York, Philadelphia and Providence, R.I., areas.