Word: costly
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Dates: during 2000-2009
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...underlying fundamentals of the stocks in their portfolios, which could lead to a performance problem in 2010. "Using only a backward-looking approach to selecting funds [i.e., past performance] has significant flaws because it ignores the fundamentals of the stocks owned by the fund along with relevant risk and cost factors of the fund," the report said. (See five painless ways to cut expenses...
Some call this skepticism a lack of leadership. There’s some truth to that. But considering their limited interest in the outcome of this war and the political cost of staying involved, there is something heartening about the fact that they continue to show such solidarity with...
...could apply them to Medicare nationally. The first is known as "accountable care organizations," an arrangement in which hospitals, primary-care doctors and potentially other medical professionals would have to coordinate care for their shared Medicare patients. All would be held accountable for the results and share in any cost savings. The second is the concept of "bundling" payments. Under that system, hospitals, doctors and other providers would get paid a set fee for a single episode of care - say, bypass surgery - and everyone would have to divide it up. The third is giving patients a "medical home" - another...
...recent letter to Obama, 23 prominent economists identified four provisions that they said "can go a long way toward delivering better health care, and better value, to Americans." They are: ensuring that reform doesn't add to the federal deficit; creating an independent commission to bring Medicare costs under control; discouraging high-cost insurance plans by taxing them; and changing the incentives in medicine so that doctors and hospitals are paid not for how much treatment they give but for how well it works...
...Many of these economists - as well as other health experts - are watching in dismay as the legislation's reforms and cost-saving measures are whittled away by powerful special interests. "It may be that the intersection between what economists consider good policy and [what Washington considers] good politics is very small," says Stanford University's Alan Garber, an organizer of the group who signed the letter to Obama...