Jeffrey L. McWaters
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Jeffrey L. McWaters
Jeffrey Linde "Jeff" McWaters (born September 6, 1956) is an American businessman and former member of the Senate of Virginia as a Republican. He represented the 8th district, which includes a portion of Virginia Beach. He was first elected in a special election in January 2010, and re-elected the following year. He left office after the 2015 elections, serving six years. McWaters is the founder and former CEO of Amerigroup, a managed health care organization launched out of Virginia Beach. Early life Jeff's father, Joe McWaters worked as a plant superintendent in a car radiator plant, and his mother Patsy McWaters worked as a school teacher and medical office manager. McWaters attended Paducah Tilghman High School and continued on to Paducah Community College before he enrolled at the University of Kentucky, where he pursued a degree in accounting. He joined the Kentucky Wildcats football team as a walk-on, but a knee injury prevented him from playing. Jeff met his wife Cindy w ...
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Virginia Senate, District 8
Virginia's 8th Senate district is one of 40 districts in the Senate of Virginia. It has been represented by Republican Bill DeSteph since 2016, succeeding fellow Republican Jeff McWaters. Geography District 8 is located in the City of Virginia Beach, encompassing all of the city's coastline along the Atlantic Ocean. The district is contained entirely within Virginia's 2nd congressional district, and overlaps with the 21st, 81st, 82nd, and 84th districts of the Virginia House of Delegates. Its far southern tip borders the state of North Carolina North Carolina () is a state in the Southeastern region of the United States. The state is the 28th largest and 9th-most populous of the United States. It is bordered by Virginia to the north, the Atlantic Ocean to the east, Georgia and So .... Recent election results 2019 2015 2011 Federal and statewide results in District 8 Historical results All election results below took place prior to 2011 redi ...
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Ernst & Young
Ernst & Young Global Limited, trade name EY, is a multinational professional services partnership headquartered in London, England. EY is one of the largest professional services networks in the world. Along with Deloitte, KPMG and PricewaterhouseCoopers (PwC), it is considered one of the Big Four accounting firms. It primarily provides assurance (which includes financial audit), tax, consulting and advisory services to its clients. Like many of the larger accounting firms in recent years, EY has expanded into markets adjacent to accounting, including strategy, operations, HR, technology, and financial services consulting. EY operates as a network of member firms which are structured as separate legal entities in a partnership, which has 312,250 employees in over 700 offices in more than 150 countries around the world. The firm's current partnership was formed in 1989 by a merger of two accounting firms; Ernst & Whinney and Arthur Young & Co. It was named Ernst & Young until ...
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World Trade Center (1973–2001)
The original World Trade Center (WTC) was a large complex of seven buildings in the Financial District of Lower Manhattan in New York City. It opened on April 4, 1973, and was destroyed in 2001 during the September 11 attacks. At the time of their completion, the Twin Towers—the original 1 World Trade Center (the North Tower) at ; and 2 World Trade Center (the South Tower) at —were the tallest buildings in the world. Other buildings in the complex included the Marriott World Trade Center (3 WTC), 4 WTC, 5 WTC, 6 WTC, and 7 WTC. The complex contained of office space. The core complex was built between 1966 and 1975, at a cost of $400 million (equivalent to $3.56 billion in 2022). The idea was suggested by David Rockefeller to help stimulate urban renewal in Lower Manhattan, and his brother Nelson signed the legislation to build it. The buildings at the complex were designed by Minoru Yamasaki. In 1998, the Port Authority of New York and New Jersey decided ...
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UBS Warburg
UBS Group AG is a multinational Investment banking, investment bank and financial services company founded and based in Switzerland. Co-headquartered in the cities of Zürich and Basel, it maintains a presence in all major financial centres as the List of largest banks, largest Swiss banking institution and the Private banking, largest private bank in the world. UBS client services are known for their strict bank–client confidentiality and culture of #Banking secrecy, banking secrecy. Because of the bank's large positions in the Americas, Europe, the Middle East and Africa, EMEA, and Asia-Pacific, Asia Pacific markets, the Financial Stability Board considers it a Systemically important financial institution, global systemically important bank. Apart from private banking, UBS provides wealth management, asset management, and investment banking services for private, corporate, and institutional clients with international service. UBS manages the largest amount of private weal ...
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Banc Of America Securities
In the English language, banq and banc are coined words pronounced identically to the word "bank". Both terms have been adopted by financial services companies and others to satisfy legal restrictions on the usage of the word ''bank''. The compound bancorp (''banc''/''bank'' + '' corp ration') is often used in the names of bank holding companies. For example, a hypothetical chartered bank named Bank of Manhattan might form a holding company named "Manhattan Bancorp", and a sister insurance business named "Banc of Manhattan Insurance". One well-known past example was Bank of America's investment banking entity, named Banc of America Securities (now part of Bank of America Merrill Lynch). This practice originates from legal necessity: in the United States, the commerce departments of state governments generally prohibit or restrict the use of certain words in the names of corporations unless those corporations are legitimate chartered banks. For example, words prohibited by the ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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Oxford Health Plan
Oxford Health Plans is an American health care company that sells various benefit plans, primarily in New York, New Jersey and Connecticut. As of 2004, it is a subsidiary of UnitedHealth Group, the largest healthcare company in the world, claiming to be "among the first" to allow patients to see specialists without a referral and to offer alternative medicine treatments. Overview The dark blue membership cards carried by members belonging to its family of ''Oxford Health Plans'' included various subtitles, such as ''Freedom Plan'' and ''Liberty Plan''; the card's color changed to white. ''The Wall Street Journal'' described their HMO as "trend-setting" and noted that Oxford "even let patients visit specialists outside its own network." History The company was founded in 1984 by Stephen Wiggins targeting "upscale" doctors and consumers. It claimed major growth in the 1990s increasing from 217,000 members to nearly two million. However, by mid 1998, the company had replaced its ...
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Oxford Health Plans
Oxford Health Plans is an American health care company that sells various benefit plans, primarily in New York, New Jersey and Connecticut. As of 2004, it is a subsidiary of UnitedHealth Group, the largest healthcare company in the world, claiming to be "among the first" to allow patients to see specialists without a referral and to offer alternative medicine treatments. Overview The dark blue membership cards carried by members belonging to its family of ''Oxford Health Plans'' included various subtitles, such as ''Freedom Plan'' and ''Liberty Plan''; the card's color changed to white. ''The Wall Street Journal'' described their HMO as "trend-setting" and noted that Oxford "even let patients visit specialists outside its own network." History The company was founded in 1984 by Stephen Wiggins targeting "upscale" doctors and consumers. It claimed major growth in the 1990s increasing from 217,000 members to nearly two million. However, by mid 1998, the company had replaced its ...
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New Enterprise Associates
New Enterprise Associates (NEA) is an American-based venture capital firm. NEA focuses investment stages ranging from seed stage through growth stage across an array of industry sectors. With ~$25 billion in committed capital, NEA is one of the world's largest venture capital firms.NEA - History
(Company Website)
New Enterprise Associates Closes $2.6 Billion In One Of Largest Venture Funds Ever
Forbes, July, 2012


Description

The firm is headquartered in
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Sutter Hill Ventures
Sutter Hill Ventures is an American private equity firm focused on venture capital investments in technology-based start-up companies. Founded in 1964, Sutter Hill is one of the oldest venture capital firms still in operation. Based in Palo Alto, CA, the firm is primarily focused on investments in the fields of networking and computer technology, business and financial services, healthcare, web development, and pop culture, and have been known to invest in angel funds. The firm currently holds positions in a number of publicly traded companies, including Restoration Robotics (HAIR), Pure Storage (PSTG), Mattersight (MATR), Forty Seven (FTSV), Threshold Pharmaceuticals (THLD), Molecular Templates (MTEM), Cardica (CRDC), and Corcept Therapeutics (CORT). The firm has also incubated and invested in Snowflake Computing (SNOW) which had the record-setting technology IPO in 2020. History Sutter Hill Ventures was founded in 1964 by Bill Draper and Paul Wythes. It began as an off-s ...
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Children's Health Insurance Program
The Children's Health Insurance Program (CHIP) – formerly known as the State Children's Health Insurance Program (SCHIP) – is a program administered by the United States Department of Health and Human Services that provides matching funds to states for health insurance to families with children. The program was designed to cover uninsured children in families with incomes that are modest but too high to qualify for Medicaid. The program was passed into law as part of the Balanced Budget Act of 1997, and the statutory authority for CHIP is under title XXI of the Social Security Act. CHIP was formulated in the aftermath of the failure of President Bill Clinton's comprehensive health care reform proposal. Legislation to create CHIP was co-sponsored by Democratic Senator Ted Kennedy and Republican Senator Orrin Hatch, and received strong support from First Lady Hillary Clinton. Despite opposition from some conservatives, SCHIP was included in the Balanced Budget Act of 1997, w ...
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Medicaid
Medicaid in the United States is a federal and state program that helps with healthcare costs for some people with limited income and resources. Medicaid also offers benefits not normally covered by Medicare, including nursing home care and personal care services. The main difference between the two programs is that Medicaid covers healthcare costs for people with low incomes while Medicare provides health coverage for the elderly. There are also dual health plans for people who have both Medicaid and Medicare. The Health Insurance Association of America describes Medicaid as "a government insurance program for persons of all ages whose income and resources are insufficient to pay for health care." Medicaid is the largest source of funding for medical and health-related services for people with low income in the United States, providing free health insurance to 74 million low-income and disabled people (23% of Americans) as of 2017, as well as paying for half of all U.S. births i ...
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