Word: co-op
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...swapped with people as far away as Hawaii and New Zealand, and once she exchanged her one-bedroom co-op (with an alley view) for a large, upscale home on a lagoon (with a view of the ocean) in California. "I burst out laughing. I could not get over it," she said of the fine-artwork-filled home that the Marin County couple swapped with her so they could visit their daughter and her new baby. "They got this little, small apartment, and I got this million-dollar home. I laughed at the trade, but they were happy...
...Chicago that there "needs to be a public option" in the health-care-reform bill, to help control insurance costs. But White House spokesman Robert Gibbs has declined this week to say whether Obama is still fighting for a public health plan over the alternate proposal for a "co-op," which would attempt to insert competition into the marketplace by promoting the formation of nonprofit health entities made up of individuals or small businesses. "We're influencing the process forward," he said on Tuesday when asked if the White House opposed the co-op alternative. "We're hopeful that they...
...with TIME, he said that what mattered was how the program would work, not how involved the government would be. "Obviously sort of the legal structure of it is less important than practically how can it operate," the President said. Many Democratic leaders have expressed fear that the co-op idea would have only a marginal impact on controlling private-insurance-company costs...
...term for a physician in training following World War I, when medical school was no longer seen as preparation enough for practice. Later, the word migrated to politics as an alternative to the term apprentice as a reference to those interested in learning about careers in government. Meanwhile, co-op programs, in which students would work at a company for an extended period during college, emerged. As the average college tuition increased (reaching about $9,000 for private colleges in the 1980s), co-ops allowed students to earn money to afford higher education in addition to getting real-world experience...
...would a co-op fit that definition? Well, I think in theory you can imagine a co-operative meeting that definition. Obviously sort of the legal structure of it is less important than practically how can it operate. There are concerns that in the past, attempts at setting up co-ops have not been successful because they just haven't been able to get off the ground; sort of the start-up energy involved may not exist if you're doing a state-by-state co-op effort as opposed to a broad national plan...