Word: costing
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Dates: during 2000-2009
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...While wellness is an admirable goal, the more likely path for both industry and government - both under siege - is tighter allocation of healthcare benefits. In the Towers Perrin survey, for example, many companies report that they are taking steps to tighten provisions on their prescription drug plans, increase employee cost sharing, and tighten or increase enforcement of dependent-eligibility provisions. Employee wellness is on the program too, but it's part of a comprehensive effort that includes some not-so-gentle tweaks to the system...
...Similarly, Washington is smart to pursue the nearly free lunch that wellness and prevention can provide, but that leaves a lot of medical expense still on the table. For real cost containment to occur there will likely need to be difficult choices made in areas such as end-of-life care, which currently consumes an outsize share of Medicare's budget. It's not politically palatable, but as companies are discovering, healthcare-cost containment is not a job that wins friends...
...beauty with that sort of system is that it doesn't impose heavy-handed rules on people who don't need them. After all, 42% of households with credit cards pay off their bills in full each month. Telling people the cost of using their credit cards, in a way they can understand and internalize, levels the playing field and lets each person make an informed, unhindered decision for himself...
...more companies left the exchange than listed on it last year. The reasons aren't hard to come by. In a survey of the businesses delisting in the year to April by law firm Trowers & Hamlins and accountants UHY Hacker Young, financial pressures or insolvency, as well as the cost of maintaining an AIM listing - paying for non-exec directors and other services can add up to $300,000 a year - accounted for a large chunk of those leaving. Others had been dumped by their Nominated Adviser (Nomad), the accountants or financial management companies that act as quality control...
...According to Harvard University Dining Services Executive Director Ted A. Meyer, about 30 percent of students eat breakfast, and the elimination of hot breakfast will save the University $900,000, primarily through the cost of labor...