Word: costly
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Dates: during 1960-1969
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...article on U.S. medicine. You have alternately, almost schizophrenically, represented the U.S. doctor as dedicated, ingenious, overworked and harassed, while at the same time suggesting that he is grasping, incompetent and unconcerned with his patients' needs. Physicians' fees have risen, but not out of proportion with the cost of living. Their disproportionate increase in income in recent years is due in large part to a massive increase in their patient load. This is due to rising population, Medicare, Medicaid, and, most importantly, to increasing patient respect and confidence in the physician. The fact that more physicians have...
...Health care has become a major national economic problem, with the public sector picking up an ever larger slice of the cost," Martin S. Feldstein, associate professor of Economics and administrator of the grant, said yesterday. "Twentyfive per cent of the American people get inadequate health care despite the seven per cent of total income that goes for medical services," Feldstein said...
...Radcliffe added four night watchmen, bringing the ratio to one man per two brick dormitories, it would cost $20,000 to $40,000 each year. Increasing the police patrol to between five and seven men for one eight-hour shift would add another $20,000 to $50,000. Or the University Police could relocate some patrolmen now working in other areas rather than adding new ones to the force...
This plan would cost from $20,000 to $74,000 per year. Radcliffe is presently raising $30 million, $15 million of which will go to improvements on campus, such as Currier House, 200-car parking lot under the Quad, a connecting link between Eliot and Bertram, and others. Considering this sum, and the imminent merger with Harvard, $74,000 seems a small amount to spend on the physical safety--perhaps even the lives--of 1200 Cliffies...
...unreasonable fare," by traditional CAB idiom, is not one that is too high: it is a fare that clearly does not allow the airline to cover the cost of transporting the ticket-holder. For competitive reasons, an airline might conceivably want to introduce such a fare; even though it lost money, it would lure customers away from the competitor and thereby increase "brand identification." The "reasonableness test" attempts to preclude such cut-throat tactics. To the CAB and the airlines, a fare is "reasonable" if it passes the "profit-impact" test: the revenues generated by the fare must excede...