Rapidly growing participation in the state-administered program is raising concerns that it will become overwhelmed.
J. Craig Anderson
J. Craig Anderson is a seasoned business reporter who covers a wide range of topics including banking, finance, real estate, technology and entrepreneurism. Originally from Arizona, Craig graduated Summa Cum Laude from the University of Arizona journalism school and has gone on to report for a variety of business and consumer publications such as the Business Journal of Phoenix, the Las Vegas Sun and the Arizona Republic. His work has earned him national recognition including Sigma Delta Chi and APA Journalism awards. Craig also served in the Army for four years, working as an intelligence analyst and Arabic linguist for the National Security Agency in Maryland. He currently lives in Freeport.
Posted inBusiness, Maine, News
Maine regulators finalize reduced rates for Affordable Care Act coverage in 2020
Two of Maine’s three Affordable Care Act marketplace insurance providers will lower their average rates for individual plans, while the other will increase its average rates by less than 1 percent.
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Posted inBusiness
Maine home sales flat, prices up slightly in July
The median sale price of existing single-family homes in Maine increased by about 2 percent compared with a year earlier.
Posted inBusiness
Maine’s preliminary unemployment rate for July hits record low
If the seasonally adjusted rate of 3 percent holds up when the Department of Labor revises its numbers in April, it would be the lowest in state history.
Posted inBusiness
Wex makes Fortune’s list of fastest-growing public companies
The Portland-based payment-processing technology firm ranked No. 72 on the top 100 list.
Posted inBusiness, Maine
L.L. Bean heir and wife donate $1 million to Mercy Hospital
Leon L. Bean’s grandson James Gorman and his wife, Maureen Gorman, contributed to the Portland hospital’s $20 million relocation campaign.
Posted inBusiness, Maine
11 Maine companies make Inc. 5000 list of fastest growing firms
Anchour of Lewiston was ranked at 892 with 476% growth and $2.5 million in revenue.
Posted inBusiness, Maine
Portland-based Covetrus stumbles in first full quarter as public company
The Portland-based animal health technology and services company said unexpected costs and slower sales hurt its financial performance.
Posted inBusiness, Maine, News
Wex reports 19% revenue increase for second quarter
The Portland-based payment processing firm’s adjusted net income increased by 10 percent from a year earlier.
Posted inBusiness, Maine
Proposed rail service would link Portland, Westbrook, but it would be pricey
The line would reduce traffic and provide a faster alternative to bus service, but its estimated cost could exceed $100 million, according to a feasibility study done for the Northern New England Passenger Rail Authority.