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Automated Benefits Corp. Increases Revenue 18% FY 2009 vs. FY 2008 MarketWatch (press release)

28.04.10

Today reported revenue increased by 18% to approximately $4,586,000 for the fiscal year ending December 31, 2009. This compares to revenues of approximately $3,891,000 for the same period last year which represents an increase of approximately $695,000.

The net loss for the twelve month period ending December 31, 2009 increased by 9.6% to approximately $1,944,000 and represents a basic and fully diluted loss per share of $0.02. This compares to a loss of approximately $1,774,000 during the same period last year representing a basic and fully diluted loss per share of $0.02 and an increase of approximately $170,000. The majority of this decline results from a one-time expense for stock-based compensation.

Management believes adjusted EBITDA is also a useful measure that facilitates period-to-period operating comparisons. Adjusted EBITDA is defined as earnings before interest income, taxes, depreciation and amortization, stock based compensation, restructuring, impairment charges and other one-time gains and losses. Adjusted EBITDA for the twelve month period ending December 31, 2009 was ($1,102,000), an improvement of $160,000 over adjusted EBITDA of ($1,262,000) for the prior year.

Source:

Affordable Dental Insurance Plan

When you are considering the choices that are offered to you in the way of insurance dental plans, take the time to look at what they offer closely. There are several key features you should use to compare one company to the next.

· The overall cost of the plan. While this may be the first thing that you actually look at, a low cost dental insurance plan may be quite limiting. It is essential to look at the costs, but only in comparisons with these other factors as well. The best overall deal will provide you with all you need and be affordable.

· The dentist coverage. Like some medical insurance plans, some individual dental insurance plan policies will limit which dentists you can visit. Or, some may cost you more to visit than others will. The goal is to find out if your dentist is on the plan or if you will have to get a new one. If this is not something you want to do, then the plan is not worthwhile to you.

· The deductible. The cost of the plan is only one part of what you will pay. The second is the deductible that you will pay. This amount can often be changed to a bit higher to lower your monthly payment. In any case, you will want to make sure that you can afford this payment before purchasing the insurance.

· The plan. Often times with dental insurance, there are some procedures that may not be covered or they may only be partially covered. You need to notice what these things are and insure that anything that you know you will need, or may need in the future is covered.

The cost of dental insurance is often quite expensive and therefore it makes dental insurance cost effective. Yet, it is still quite important to spend the necessary time to compare prices and to do your research about the products.

CCCD.co makes it easy to buy health, dental, or prescription drug plans in Canada. Three easy ways to buy – online, download and print, or by toll free phone. And you can quote and shop online before you buy!

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Canadian Dental Insurance - News

YOUR VIEW: Single-payer reduces waste dramatically SouthCoastToday.com

- Jul 07, 2009

YOUR VIEW: Single-payer reduces waste dramaticallySouthCoastToday.comFor those taxes we would have insurance that would pay for literally all of our health needs, from glasses to dental care to medical and surgical care. and more »

America's Health Care Priorities III: Insurers and Insurance Systems New York Times

- Jun 23, 2009

Seattle Post IntelligencerAmerica's Health Care Priorities III: Insurers and Insurance SystemsNew York TimesWe can't blame our inability to cover everyone on a reluctance on the part of Americans to use the Canadian single payer system for our health coverage. Graham: 'Government-Run' Health Care Won't Pass SenateCanadian 'Health-Care Socialism': When Will Americans Learn?Health care is a right of all in Ohio, USall 4,564 news articles »

Dentists Dread Universal Dental Care The Wealthy Dentist

- Jul 01, 2009

The Wealthy DentistDentists Dread Universal Dental CareThe Wealthy DentistIt is called dental insurance fee schedules." (Michigan dentist) "How about raising the maximum on existing dental plans? They have not gone up in over and more »

Former resident share experiences with Canadian medical system Bonner County Daily Bee

- Jul 04, 2009

Former resident share experiences with Canadian medical systemBonner County Daily BeeI am not selling Canadian insurance, and I have no idea what would be best for the United States. I am just tired of being handed a bill of goods from and more »

Automated Benefits Corp. Elects New Members to Board of Directors MarketWatch

- Jun 18, 2009

Automated Benefits Corp. Elects New Members to Board of DirectorsMarketWatchThe Adjudicare software supports the adjudication of health and dental claims through local insurance brokers across Canada. and more »

Canadian Dental Insurance - Dental Insurance