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 Maine, which has a poverty rate of 14 percent, 4.7 percent of its drivers are uninsured, while in New York, which has a poverty rate of 16 percent, 5.3 percent of motorists lack insurance. But there is not always a strict correlation between poverty and the uninsured rate.