hi, everyone welcome to "on the money". i'm becky quick. what the drugstore of the future might look like. the new tax laws making donating to charity a little trickier than they used to be. are people giving less, and who is is feeling the impact from a little shack to this. malibu cliffside house is almost as spectacular as the ocean.

"on the money" starts right now. >> announcer: this is on the money. your money, your life, your future now becky quick. >> we begin with your health cvs's acquisition of aetna is just one of the mergers changing way the state can get care and a new store and clinic you can get a lot more than pills and band aids. we have more on this week's cover story >> reporter: more than half of the new heating hub concepts with more space for minute clinic and medical merchandise like walkers, as well as a wellness studio. customers like jacqueline haines comes in for yoga and gets one-on-one advice for managing their health >> they have a diet eugz who will meet for you for free so she is teaching me about my blood pressure, because i have

hypertension >> and a respiratory therapist and now products to treat sleep apn apnea. >> it is one of the least -- or most undiagnosed opportunities having a respiratory therapist and the nurse practitioner to collaborate, we can both screen and then provide and fit masks, machines and teach people how to use them >> here at the new health hub, cvs is reaching out to aaetna members to come into the store for health coaching services >> we've been pleasantly surprised how many of our pharmacy services when offered dietician services have said yes.

>> i stopped checking for my health angle the yoga class and initial consultations are free but diagnostic service as and medical services are billed through insurance or paid out of polk humana, cigna, united health reach out to members over the phone or e-mail to suggest services to treat chronic conditions like diabetes or to send in help at home after a member is discharged from the hospital in some cases, they're working with walgreen's, becky, in order to have that pharmacy piece in there. >> bertha, this is a pretty big shift for cvs. thank you do you think it will take to get beyond a handful of stores >> it's one of the things where they can roll out some of the pieces, having more healthy food they opened a new store right in my neighborhood. it is much smaller they didn't have a lot of that stuff. but they will roll it out little by little. they will concentrate in areas

particularly where they have medicare patients who are also on aetna plans where they can really work on that. and so they have three stores in houston and plan to roll out more as the year goes on. >> thanks so many. bertha coombs. >> as more parts of the health care market move into retail will the quality keep up with convenience? dr. christine castle at the san francisco department of medicine sin. thank you very much for being here today >> you're welcome. thanks. >> doctor, you've tracked the growth of the retail clinics as they expand what do you think the impact will be on the overall system >> i think potentially very positive for two reasons one you mentioned already, convenience. within five miles of almost every american there is retail clinics, not just cvs, could be a much easier and more convenient access, particularly for simple kinds of problems the other thing which doesn't get as much attention, though,

is bringing a new kind of expertise into the health care team and that's the pharmacist. very often we think of the pharmacist on the other side of the desk who handles you the bottle of pills. but that person has enormous expertise and particularly now the healthy medications are getting more complex. >> when you come down to cost, i guess is there skepticism in terms of the idea this is a company trying to keep costs down is that good or bad or something we're all looking for ways to make it work, get more for less. >> the elusive goal is reducing the cost of care in the united states so far we haven't been very successful all the attempts to make it work and this one potentially could do that except for this, which is these companies are publicly traded companies they're in the business of selling things, right?

you go into cvs or walgreen's or walmart or target and their job is to sell you stuff and so it's no different in these retail clinics. >> you could argue that the doctors are also in the same business, that they're interested in selling you things, whether that be using the pills that they think are a good idea, whether that be using the machines to get more tests done they have to pay for. there have been studies you can link back and say more tests are done if you buy the big machine because they have the tests to make it worthwhile and pay off. >> well and that's the fundamental flaw of the fee for service health care system the payers have been trying to move more to this value minnesota based purchasing and that's what medicare advantage is all about actually. so potentially that could work but for the drug stores, they have these complex relationships with the -- the pharma companies that create the drugs.

pd -- pbms >> pharmacy benefits managers. >> yes and they get rebates when they negotiate a lower cost. it doesn't get passed onto the consumer. >> we have seen a lot of mergers and the big getting bigger whether that be a pharmacy buying a drug company or -- i'm sorry a pbm and then maybe adding on an insurance company you see hospitals getting bigger through all of this. it seems like there is two problems one is that just the cost factor and trying to find ways to strip out any middlemen along the way. the second is just this whole idea of being able to track and all sides talking to each other. is bigger better or worse when you try to tackle the two problems or is it it a different question for which question you are asking >> well potentially bigger could be better if we solve the problem of making the electronic health record information available across all of the providers for the patient. and we're still working on that. we're making progress. but that's going to be very

important, that if the cvs clinic has the same information, and that gets to all of the specialists who are let's say at ucsf or some big medical center if you need specialty care all that information should be everywhere, so that, for example, you can really see if there are medications that are interacting with each other. or if you're getting a duplicate test you don't need. >> doctor, thank you so much we appreciate your time in helping us navigate through it >> you're welcome. >> up next, we are on the money, wedding season on the horizon and brides are searching for the perfect dress. how one company wants to help you without ever setting foot in a store. and later, donation dollars may be drying up why people are holding back on giving right now, a look at how the stock market ended the week.

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♪ wedding season is almost here but before you break out the champagne you need to break out the checkbook. according to a wedding website, the average wedding costs nearly $34,000, $1,600 for the gown alone. enter azazi online bridal

fashion brand cutting costs without cutting quality. the chief marketing officer joins me ronni coleman. >> thanks for having me. >> you think about all the things in the wedding where you hope to cut costs. my guess would be the bridal gown is one place for a personalized touch how do you sell them a gown online. >> the way we do it is we offer a convenient, affordable and personalized experience for them we have a lot of different features on our site we have a sample program where they can try on the dresses and they can really feel the quality before they actually make the purchase and we also have an extensive customer service team who really takes them through the entire process step by step they're not necessarily missing out on the experience. they still have a the, quote unquote bridal stylist helping them through the process. >> what if i want to try on 27 dresses? do i get to do that under the program. >> you don't get to try on 27 dresses but you get the to try on about five. >> okay. >> bridal gowns are $15 apiece and bridesmaids dresses are 109. >> just for trying on.

you didn't get from 1,600 down to 15. it's $15 to try down a dress if you do full service you're shipping the gown which i can't imagine is easy. and you have someone a stylist recommending things to me. how do you do it more cheaply. >> the way we do it cheaply is going direct to consumer we're cutting out the cost of the having a middleman, inventory. we don't have inventory because we provide custom sizing all dresses are actually cut and sewn and made to order our bridal gowns start at 199 and up to 899. >> what would i compare that to if i was looking in stores? >> i think you could compare it to any designer or even going into the couture section of a department store. >> how do you do that? where do you make the dresses? where are they sewn? >> the dresses are manufactured in china and they're designed in los angeles. >> if i want to try dresses on though you're not cutting an individual dress for me on each of these you must have model of each that you ship out and ship

back is that how that works >> in terms of sampling and trying on, yes >> what made you think this was an industry ripe for disruption? >> so that would really come down to our founder. he started this business because he -- when he was going through planning his wedding and helping his wife kind of along the dress selection process, they both became really frustrated with dresses that were so expensive and just the overall lack of size inclusivity so that's when he really decided, you know, i'm going to create a business that's direct to consumer and, you know, basically i'm making the whole experience more affordable and convenient >> what if i need alterations on a custom order >> we offer a alteration expense fee. you put in the measurements and get the dress and it's not

fitting how you want we gave you about a $75 credit just show us the receipt from the alterations place you go to and we'll reimburse it. >> and who is your biggest -- what area of the country do you think you get the most demand from where are the most vibrant customers? we're pretty popular throughout the united states. but we definitely have pockets i would say the south we're very popular and the definitely the coastal regions as well. >> roni, thank you for joining me >> thank you. >> appreciate your time. >> up next "on the money" speaking of giving money to charity, we talk about why the new tax law could impact the donations and people in need and later these california views never get old. and it could be all yours if you have a cool $50 million to spare. guys go through a lot to deal with shave irritation. so, we built the new gillette skinguard with a specialized guard designed to reduce it. because we believe all men deserve a razor just for them.

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as millions of people file taxes, they may be in for a rude surprise when it comes to the charitable donations the tax code overhaul is making it harder to use giving as a tax break, which is causing a lot of concern among the non-profits relying on gifts our personal senior financial correspondent got education on the impact. >> students at the community partnership school are settling into their new home. a former factory empty for decades is being transformed into a brand-new private school, located in one of philadelphia's poorest neighborhoods. >> everything go okay. >> yeah. >> good. >> the school is funded almost entirely by charitable donations, making up 95% of the

annual revenue. >> without active philanthropy, in school doesn't exist. so we are concerned. and very attentive to, you know, the shift in laws. >> that shift is the result of a tax cut and jobs act under the new tax law the standard deduction nearly doubled to $12,000 for individuals and $24,000 for couples. yet only taxpayers who itemize returns can write off charitable donations and lower tax bills. fund raising experts wonder if many taxpayers stop itemizing how many will stop giving. >> for modest donors i think they're just giving from the heart and we're hoping there is a lot of heart in the american public because charities can't afford to be lose all the small donors >> large gifts of $1,000 or more increased by nearly 3% in 2018 but revenue from small are gifts decreased. donations between 250 and $999 fell by 4%

while gifts under $250 dropped by nearly 4.5% it's unknown how much of the dropoff is being fueled by the new tax law. the stock market slide last december, often the busiest month of the year for giving could be partly to blame the answer should be clear as people file taxes. >> over time we are worried people will see that pattern and say, i don't have to give a gift to get a deduction i'll get it anyway, and then stop doing it. >> a troubling sign for grassroots charities like community partnership school, that greatly value all donations. >> whether it's a million dollars or $10, all in between, it all matters that's how we fund the school and make it work >> charities say they are now working harder than ever communicating with donors, explaining the importance of the mission, showing how donations support specific programs and services and also emphasizing how much they value every contribution, becky. >> what about lawmakers in

washington is there any thought there are they watching in potentially thinking about changing any of the rules? >> well lawmakers in the house and senate have introduced legislation that would allow taxpayers to write off charitable donations whether they are itemizing or not. that universal deduction as they call it that's what they're trying to get through. of course there is a lot of controversy about how much this would cost and whether it will ever see the light of day. but they're working toward that goal. >> sharon, thank you so much. >> sure. >> sharon epperson up next on the money, a look at the news for the week ahead and take a look at these views this home was built into the malibu cliffs. and it took seven years to finish now it's going up for sale but it will take more than pocket change to grab this house.

♪ here are the stories coming up that may impact your money this week. on tuesday we will see how many new homes were started in february and find out how the consumer is doing with the consumer confidence report for january. cheers on wednesday, it marks the international day of whiskey. of course depending where it's from, you spell that with or without the e. key or just ky on thursday we get the final reading of the fourth quarter gdp. on friday we see how much people earned in february with the personal income report

liz edlik is looking to add to her personal income you might not know her name but her company is radical skincare. she's also the owner of a beautiful malibu home with million dollar views and a bigger price tag as robert franke reports, if you like what you see it could be yours. this is il talicono. i built it and designed it myself i can't wait to show you around. my husband and i were sitting on the beach. we looked up and saw this little white cinder block beach shack sitting there by itself nothing else. >> in 2000 liz and her husband bought the malibu shack, tore it down and spent 7 years planning and building this extraordinary ocean front villa perched high above the pacific ocean. there was truly no budget in building this house. and no expense was spared to

fill the four bed, four and a half bath paradise with rare antiques. >> one of the things that i was personally passionate about were antique doors. this is one of my favorite doors from france. this is a metal door from morocco. and these doors are hundreds of years old from egypt that lead into this the incredible kitchen i went to all the different electricians and they said absolutely not we are not turning this wood vine in a chandelier. i said no, no we are one of my favorite elements here is the hand carved ceiling from sri lanka. of course was tao large to fit in the den we had to take out the doors to get the ceiling in. >> up the stairs beyond the moroccan sconces is her favorite spot in the house, the master suite. >> there are so few places in the coast of california where

you can wake up in the morning you have the sunrise out of one window and deck a and in the afternoon you have the sunset. as far as your eye can see, nature is ocean, the trees, water. and it's just you. living in malibu is one of the most special places on earth >> it's also one of the pri priciest her cliffside residence and everything inside is on the market for $52.4 million and if you don't want to commit to buying the home for $52.4 million you can rent it for 70 to $80,000 a month. >> what a bargain. >> the views isn't it. >> it's unbelievable i have to say it's unbelievable. but the malibu market has it had trouble with sales when you look at the fires and the things that have impacted there >> it has a tough quarter in the fire they lost about about 400 homes. but the sales dropped.

there was a 39% drop in sales. there was a $40 million sale of a home last week malibu is still the most expensive place to live in all of los angeles bel-air, beverly hills, malibu is where everyone wants to be. and you see why. >> i get it. you'd like to see how the other side lives it's amazing robert, thank you. amazing. >> that's the show for today i'm becky quick. thank you for joining us next week, the special dog who is a comic book hero, and inspiring kids across the country. each week keep it here we're "on the money. have a great one and we will see you next weekend.

hey there, we're live at the nasdaq market site after a tough day for the markets. we've got a big show for you on tap. here's what's coming up. >> a bond bombshell sending ripples across the markets today. but mike khouw says there's one key group of stocks investors could hide out in. he'll tell you what that is. plus -- ♪ fire >> chip stocks have been on fire brian stutland says there's one name that could see an even bigger rip he'll give the name and how to trade it