Native American public health officials are stuck in data blind spot

posted in: Adventure | 0

Jazmin Orozco Rodriguez | (TNS) KFF Health News

It’s not easy to make public health decisions without access to good data. And epidemiologists and public health workers for Native American communities say they’re often in the dark because state and federal agencies restrict their access to the latest numbers.

The 2010 reauthorization of the Indian Health Care Improvement Act gave tribal epidemiology centers public health authority and requires the federal Department of Health and Human Services to grant them access to and use of data and other protected health information that’s regularly distributed to state and local officials. But tribal epidemiology center workers have told government investigators that’s not often the case.

By July 2020, American Indians and Alaskan Natives had a COVID-19 infection rate 3½ times that of non-Hispanic whites. Problems accessing data predated the pandemic, but the alarming infection and death rates in Native American communities underscored the importance of making data-sharing easier so tribal health leaders and epidemiologists have the information they need to make lifesaving decisions.

Tribal health officials have repeatedly said data denials impeded their responses to disease outbreaks, including slowing contact tracing during the pandemic and an ongoing syphilis outbreak in the Midwest and Southwest.

“We’re being blinded,” said Meghan Curry O’Connell, the chief public health officer for the Great Plains Tribal Leaders’ Health Board and a citizen of the Cherokee Nation. The sharing of data has improved somewhat in recent years, she said, but not enough.

Federal investigators and tribal epidemiologists have documented a litany of obstacles keeping state and federal public health information from tribes, including confusion about data-sharing policies, inconsistent processes for requesting information, data that’s of poor quality or outdated, and strict privacy rules for sensitive data on health issues like HIV and substance misuse.

Limiting the ability of tribes and tribal epidemiology centers to monitor and respond to public health issues makes historical health disparities difficult to address. Life expectancy among American Indians and Alaskan Natives is at least 5½ years shorter than the national average.

Sarah Shewbrooks and her colleagues at the Great Plains Tribal Epidemiology Center are among those who’ve found themselves blinded by bureaucratic walls. Shewbrooks said the data dearth was particularly evident during the COVID pandemic, when her team couldn’t access public health data available to other public health workers in state and local agencies. Her team was forced to manually record positive cases and deaths in the 311 counties of North Dakota, South Dakota, Nebraska, and Iowa — the region the center serves.

Shewbrooks, director of the center’s data-coordinating unit and its lead epidemiologist, estimates staffers spent more than a year’s worth of their time during the pandemic scraping together their own datasets to steer information to tribal leaders making decisions about closing down reservations and asking residents to isolate at home.

She said the process was frustrating and stressful, especially since it robbed her team of hours they could’ve spent trying to save lives in the communities they serve. The tribes in their region were doing “incredible things,” she said, by providing food and shelter for people who needed to quarantine.

“But they were having to do it all without being given real-time understanding of what’s going on around them,” Shewbrooks said.

Contact tracers who work for state governments cover Native American populations, but it’s important to have people from within the community take the lead, Shewbrooks said. Tribal workers are better equipped to move around within their communities and meet people where they are.

Shewbrooks said state contact tracers relied on calling and texting patients, which is often not the most effective method. Tribal members can be a hard-to-reach community for state workers whose protocol is to move on to the next case if they don’t get a response.

“So many cases were just getting closed,” Shewbrooks said.

In 2022, the Government Accountability Office published a report that confirmed concerns raised by tribal health officials, including at the Great Plains tribal epidemiology center. Federal investigators found that health officials working to address public health issues in Native American communities dealt with federal agencies lacking clear processes, policies, and guidelines for sharing data with tribal officials.

In one example, officials said that as of November 2021, 10 of the 12 tribal epidemiology centers in the U.S. had access to Centers for Disease Control and Prevention COVID data, but not all had full data. Some centers had access to case surveillance data that included information on positive cases, hospitalizations, and deaths. Only half said they also had access to COVID vaccination data from HHS.

The GAO report also found that staffers responding to data requests at HHS, the CDC, and the Indian Health Service did not consistently recognize tribal epidemiology centers as public health authorities. Center officials told federal investigators that they’d sometimes been asked to request data they needed as outside researchers or through the Freedom of Information Act.

The report recommended agencies make several corrections, including responding to tribal epidemiology centers as required by law and clarifying how agency staffers should handle requests from epidemiology centers.

HHS officials agreed with all the recommendations. The agency consulted with tribal leaders in fall 2022 and, this year, published a draft policy that clarifies what data centers can access.

Some tribal leaders say the proposal is a step in the right direction but is incomplete. Jim Roberts, senior executive liaison in intergovernmental affairs at the Alaska Native Tribal Health Consortium, a nonprofit organization that provides care and advocacy for Alaskan tribes, said the GAO report focused on tribal epidemiology centers, which operate separately from tribal governments, each serving dozens of tribes divided into regions. The report left out tribes, which he said have a right to their data as sovereign nations.

HHS officials declined an interview request, but Samira Burns, principal deputy assistant secretary for public affairs, said the agency is reviewing feedback and recommendations it received from tribal leaders during consultation on the draft policy and will continue to consult with tribes before it’s finalized.

Stronger federal policy on tribal data sharing would help with relationships with states, too, Roberts said. Tribal officials say problems they’ve experienced at the federal level are often worse in states, where laws might not recognize tribes or tribal epidemiology centers as authorities that can receive data.

At the Northwest Tribal Epidemiology Center, which works on behalf of tribes in Washington, Oregon, and Idaho, forging a data-use agreement with state governments in Washington and Oregon before the pandemic helped their response by providing immediate access to near real-time data on emergency room and other health care facility visits. The center’s staff used this data to monitor for suspected COVID-related visits that could be shared with tribal leaders.

It took seven months for the center to get access to COVID surveillance data from the CDC, said Sujata Joshi, director of the Northwest center’s Improving Data and Enhancing Access project, and about nine months for HHS vaccination data after vaccinations became available. Even after getting the information, she said, there were concerns about its quality.

___

(KFF Health News is a national newsroom that produces in-depth journalism about health issues and is one of the core operating programs of KFF — the independent source for health policy research, polling and journalism.)

©2024 KFF Health News. Distributed by Tribune Content Agency, LLC.

Best volatility ETFs: Use these funds to profit when the market falls

posted in: News | 0

James Royal, Ph.D. | (TNS) Bankrate.com

A volatility exchange-traded fund (ETF) lets traders bet on an increase in the stock market’s volatility. It can be a highly profitable wager if the market suddenly becomes more volatile — for example, if it crashes — but the fund’s price constantly erodes due to how the fund is structured.

Here are some of the best volatility ETFs and ETNs, with data as of August 2, 2024.

What is a volatility ETF?

A volatility ETF gives traders the ability to wager on the stock market’s volatility. Unlike a typical ETF, which owns stock or options of actual companies, a volatility ETF uses complex financial instruments called derivatives (such as futures) to create a fund that rises in value when the market gets rocky. If the market does become more volatile, the fund may soar, often quickly.

Volatility is often measured by the CBOE Volatility Index, commonly known as the VIX. It’s called “the fear gauge” since the index spikes when investors get nervous. The index historically moves inversely to the direction of the Standard & Poor’s 500 Index. So a volatility ETF may be useful as a short-term hedge against a portfolio or as a one-way bet on the market’s direction.

Like many other kinds of leveraged ETFs, volatility ETFs are meant to be owned over a very short period, often for just a day or two. Because they use derivatives, whose value tends to decline over time, volatility ETFs are often swimming against a fast-moving current. Because of this structure, volatility ETFs often do very poorly over time, as value leaks out of the fund.

Volatility funds may also technically be exchange-traded notes (ETNs), which is a somewhat different structure from ETFs, but may still track the volatility of the market.

Best volatility funds

iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX)

This ETN provides exposure to S&P 500 VIX Short-Term Futures Index Total Return. Because it’s an ETN, holders have no principal protection and own unsecured debt of the company sponsoring the notes, Barclays Bank.

—YTD return: -18.9%

—5-year returns (annualized): -50.1%

—Expense ratio: 0.89%

ProShares VIX Short-Term Futures ETF (VIXY)

This fund tracks the S&P 500 VIX Short-Term Futures Index, which follows a portfolio of futures contracts with a weighted average of one month until expiration.

—YTD return: -19.5%

—5-year returns (annualized): -50.4%

—Expense ratio: 0.95%

iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ)

This ETN tracks the S&P 500 VIX Mid-Term Futures Index Total Return. Because it’s structured as an ETN, holders have no principal protection and own unsecured debt of the issuer, Barclays Bank.

—YTD return: -2.5%

—5-year returns (annualized): -5.0%

—Expense ratio: 0.89%

ProShares VIX Mid-Term Futures ETF (VIXM)

This ETF tracks the S&P 500 VIX Mid-Term Futures Index, which follows a collection of futures contracts with a weighted average expiration of five months.

—YTD return: -3.0%

—5-year returns (annualized): -5.8%

—Expense ratio: 0.94%

ProShares Short VIX Short-Term Futures ETF (SVXY)

This ETF tries to provide daily results that are one-half the inverse of the daily performance of the S&P 500 VIX Short-Term Futures Index. In other words, if this index rose 1% in a day, the fund would aim to fall 0.5%. If the index fell 1%, this fund aims to rise 0.5%.

—YTD return: –3.8%

—5-year returns (annualized): 12.9%

—Expense ratio: 0.95%

The pros and cons of volatility ETFs

Advantages of volatility ETFs

—Easy-to-access exposure to volatility: When the market gets rocky, traders may flee to volatility ETFs to take advantage of the increasing uncertainty in markets. So this kind of fund offers an easy way to quickly get access to that exposure.

—Hedge on a portfolio: A volatility ETF may offer the ability to hedge a portfolio over a short period of time, offering an asset that rises as most others fall.

—Price may spike quickly: When the market suddenly turns volatile, the price on some volatility ETFs may rise hundreds of percent in just a few days. So if they place a well-time trade, traders can earn many times their wager quickly.

Disadvantages of volatility ETFs

—Meant to be held for very short periods: Volatility funds are really meant to be held only for short periods, giving exposure to the short-term movement of volatility.

—Value tends to decay over time: Because of the use of derivatives in the structure, the price of volatility funds tends to decay over time naturally.

—Unattractive long-term returns: Buying and holding a volatility fund is unattractive, as value seeps out of the funds over time through futures contracts.

What to look for in an ETF

When investing in ETFs, it’s useful to look at a few aspects of each ETF so that you actually buy what you intended to buy. Here are three key things to look for:

—The targeted exposure: Volatility ETFs provide different exposures to the market, in terms of time frame (short and medium term), whether they perform inversely to what they’re tracking and whether they take a leveraged approach to magnify gains.

—The investment track record: You’ll also want to know the track record of the ETF. The track record can give you some idea of what to expect from the ETF. But volatility ETFs are designed to perform well only over short periods, so in many cases long-term returns look awful.

—The expense ratio: Pay attention to the expense ratio, which tells you how much it costs to own the fund annually as a percentage of your total investment in it.

How to invest in volatility ETFs

A volatility ETF can make it easier to profit if the stock market makes a sudden move lower or it may even help you quickly hedge a position over a short period of time. But some funds have more upside if volatility rears up, while short volatility funds perform well if the market remains calm, taking advantage of the time decay to profit. So it’s vital to know what exposure you want.

The ETFs listed above give traders a way to gain exposure to volatility, but how they invest is up to them. Traders can shoot for the moon with short-term volatility funds or take a more modest approach with medium-term funds or even take advantage of calm markets with short funds.

Traders will also want to understand why they’re using volatility funds and when they’re helpful. Volatility ETFs may be helpful over short periods, but their structure means that the typical fund declines in value over time. So they may be OK as a short-term hedge when the market suddenly encounters danger, but traders looking for a longer-term hedge will look elsewhere.

You can buy volatility ETFs at any of the best brokers for stock trading.

Bottom line

Traders looking to make a short-term bet on the direction of the market may decide to use a volatility ETF to express that view. But volatility funds have significant drawbacks and their value tends to decay over time, even if it spikes sometimes as the market volatility heats up.

(Bankrate’s Brian Baker contributed to an update of this story.)

Editorial Disclaimer: All investors are advised to conduct their own independent research into investment strategies before making an investment decision. In addition, investors are advised that past investment product performance is no guarantee of future price appreciation.

(Visit Bankrate online at bankrate.com.)

©2024 Bankrate.com. Distributed by Tribune Content Agency, LLC.

Today in History: August 10, derecho rakes the Midwest

posted in: News | 0

Today is Saturday, Aug. 10, the 223rd day of 2024. There are 143 days left in the year.

Today in history:

On Aug. 10, 2020, a powerful derecho struck several Midwest U.S. states, causing four fatalities and an estimated $11 billion in damage, making it the costliest thunderstorm in modern U.S. history.

Also on this date:

In 1792, during the French Revolution, mobs in Paris attacked the Tuileries (TWEE’-luh-reez) Palace, where King Louis XVI resided. (The king was later arrested, put on trial for treason, and executed.)

Related Articles


Family travel 5: Presidential hotels offer a connection to US history


Today in History: August 9, U.S. bombs Nagasaki


Today in History: August 8, devastating Maui wildfires


Today in History: August 7, Twin Tower tightrope walk


Miles Davis’ ‘Kind of Blue’ is, at 65, a shape-shifting album that transcends time and genre

In 1821, Missouri became the 24th state admitted to the Union.

In 1945, a day after the atomic bombing of Nagasaki, Imperial Japan conveyed its willingness to surrender provided the status of Emperor Hirohito remained unchanged. (The Allies responded the next day, saying they would determine the Emperor’s future status.)

In 1969, Leno and Rosemary LaBianca were murdered in their Los Angeles home by members of Charles Manson’s cult, one day after actor Sharon Tate and four other people were slain.

In 1977, postal employee David Berkowitz was arrested in Yonkers, New York, accused of being “Son of Sam,” the gunman who killed six people and wounded seven others in the New York City area.

In 1988, President Ronald Reagan signed a measure providing $20,000 payments to still-living Japanese-Americans who were interned by their government during World War II.

In 1993, Ruth Bader Ginsburg was sworn in as the second female justice on the U.S. Supreme Court.

In 2006, British authorities announced they had thwarted a terrorist plot to simultaneously blow up 10 aircraft heading to the U.S. using liquid explosives made to look like soft drinks.

In 2018, Richard Russell, a 29-year-old airline ground agent, stole a commercial plane from Sea-Tac International Airport near Seattle; he flew for 75 minutes, performing dangerous stunts while being chased by military jets before crashing into a remote island in Puget Sound, killing himself.

In 2019, Jeffrey Epstein, accused of orchestrating a sex-trafficking ring and sexually abusing dozens of underage girls, was found unresponsive in his cell at a New York City jail; he was later pronounced dead at a hospital. (The city’s medical examiner ruled the death a suicide by hanging.)

Today’s Birthdays:

Actor James Reynolds is 78.
Rock singer-musician Ian Anderson (Jethro Tull) is 77.
Country musician Gene Johnson (Diamond Rio) is 75.
Singer Patti Austin is 74.
Actor Daniel Hugh Kelly is 72.
Folk singer-songwriter Sam Baker is 70.
Actor Rosanna Arquette is 65.
Actor Antonio Banderas is 64.
Rock musician Jon Farriss (INXS) is 63.
Singer Julia Fordham is 62.
Journalist-blogger Andrew Sullivan is 61.
Actor Chris Caldovino is 61.
Singer Neneh Cherry is 60.
Singer Aaron Hall is 60.
Former boxer Riddick Bowe is 57.
Actor Sean Blakemore is 57.
R&B singer Lorraine Pearson (Five Star) is 57.
Singer-producer Michael Bivins is 56.
Actor-writer Justin Theroux is 53.
Actor Angie Harmon is 52.
Country singer Jennifer Hanson is 51.
Actor-turned-lawyer Craig Kirkwood is 50.
Actor JoAnna Garcia Swisher is 45.
Singer Cary Ann Hearst (Shovels & Rope) is 45.
Actor Aaron Staton is 44.
Actor Ryan Eggold is 40.
Actor Charley Koontz is 38.
Actor Lucas Till is 34.
Reality TV star Kylie Jenner is 27.
Actor Jeremy Maguire is 13.

Night after walk-off, Saints lose in extras

posted in: News | 0

A night after Jair Camargo gave the St. Paul Saints a walk-off victory against the Columbus Clippers, there was more late-game excitement on Friday.

This time, it was Columbus celebrating in the end with a 5-3 win in 10 innings.

St. Paul’s DaShawn Keirsey Jr. tied the game in the bottom of the eighth inning at CHS Field with a two-run homer.

The game went to extra innings, where the Clippers scored twice in the 10th and held the Saints off the board.

Myles Straw had an RBI groundout in the 10th that plated Estevan Florial. Christian Cairo had an infield single that scored another run.

Hobie Harris (3-6) allowed two runs — one earned — in two innings pitched while taking the loss for St. Paul. He struck out four and gave up three hits.

Burnsville native Aaron Rozek started the Saints and gave up two runs in six innings. He allowed five hits and walked two.

Columbus opened the scoring in the second with a two-run double by Raynel Delgado.

The Saints got a run back in the second on an RBI single from Chris Williams.

Edouard Julien had two hits out of the leadoff spot for St. Paul, stretching his on-base streak to 34 games. Williams also had a pair of hits.

The series, which is split 2-2 after four games, continues Saturday with a 6:37 p.m. Central first pitch.

Related Articles

Sports |


Julien keeps seeing spin with Saints, who beat Omaha on walk-off RBI single in 9th by Jair Camargo

Sports |


Saints bounce back to beat Clippers 4-2 with four runs in eighth inning

Sports |


Kyle Farmer returns to Saints on night of forgettable loss to Columbus Clippers

Sports |


Saints lose 11-inning marathon in Iowa series finale

Sports |


Louie Varland continues his improvement as Saints beat Iowa Cubs 5-1