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...coverage from their employers cannot drop it in favor of being insured through a government program (which would, in many cases, put at least part of their health costs on the back of the taxpayer). Finance Committee members also are considering how generous to make the basic benefits that would be offered under health reform, since the more medical services that they insist be offered, the more it will cost the government. Additionally, they are looking for other ways to squeeze money out of the Medicare program...
...lesson can be learned from health care in the developed world, it's that chronic diseases are a lot less costly when they're prevented from the start: up to 80% of premature death from heart disease, stroke and diabetes can be avoided with basic behavioral changes and inexpensive drug treatments. But so far there has been little effort to tailor those interventions to low- and middle-income nations, such as China and Brazil, where chronic diseases are expected to take a serious toll in coming decades. "Avoiding tobacco, improving nutrition and getting more exercise - we know this works," says...
...also partly because in March 2000, just as the stock market was peaking, Siegel warned in a Wall Street Journal Op-Ed column that technology stocks were headed for a precipitous fall. But it's mainly that, despite the market carnage of the past year and decade, Siegel's basic argument that "stocks will remain the best investment for all those seeking long-term gains" hasn't really been discredited...
Sure, there are some market seers convinced that Siegel and his work will eventually be consigned to the dustbin of history--because they think the U.S. economy has entered into an inexorable decline. But among Siegel's fellow finance wonks, the debate isn't about his basic premise. It's about the lessons the rest of us should or shouldn't draw from...
Vautin will step into the interim role next month and oversee the University's eight administrative departments that provide basic services ranging from real estate management to facilities and maintenance operations once the current vice president Sally H. Zeckhauser—whose tenure spaned four Harvard presidencies—retires at the end of June. When Zeckhauser announced her retirement earlier this year, administrators declined to say whether a replacement would be named or whether the position would be discontinued...