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...pending federal case, a Wisconsin medical-supply company is suspected of bilking Medicare of tens of millions of dollars by switching the five-digit codes used to identify the items it sells. Only the willingness of two of the firm's employees to blow the whistle alerted officials to the allegations. Meanwhile many insurance companies that formerly did not closely scrutinize claims have become more vigilant. Using computers, they scan for such warning signs of fraud as services performed on weekends and holidays and visits to doctors far from a claimant's home...

Author: /time Magazine | Title: Healthy, Wealthy and Fraudulent | 8/30/1993 | See Source »

...holes here at Harvard are gaping. The five-digit access codes used by the Harvard University Student Telephone Office ensure a working one will be found in ten to 20 tries. While abuse is heavily prosecuted and the extensions are recorded, a quick survey of the wiring beneath my dorm showed that switching my phone line with my proctor's would be cake...

Author: By John E. Stafford, | Title: Reading Rudenstine's Email | 4/14/1993 | See Source »

There is no disputing that America's 12-digit deficits and 13-digit national debt are major economic threats that must be brought under control. Compounding interest alone is becoming a kind of national black hole, sucking up ever greater proportions of the federal budget. As debt payments crowd out other spending, the annual deficit is making it increasingly difficult for the government to provide the basic services that Americans expect. But Figgie overstates the problem -- using some highly dubious statistics in the process -- and understates the solution. The debt must be dealt with more calmly but also more forcefully...

Author: /time Magazine | Title: Leaning on The Panic Button | 12/28/1992 | See Source »

Generally, attendees at the convention were upbeat, expressing more than the usual degree of "cautious optimism." On the eve of the convention, most discount store chains were reporting double-digit percentage sales gains for the Discount Store News, June...

Author: By Joshua W. Shenk, | Title: EYES ON THE NEWS | 12/5/1992 | See Source »

Election '92 may have been God's way of telling Ross Perot he had too much money, but the diminutive Texan with the big ears and the bar charts did win a serious, double-digit share of the vote. The effort cost him more than $60 million -- enough to give even a billionaire pause -- and he failed to carry a single state. Yet along the way, Perot helped focus and energize the race, and provided lessons for future independent candidates, possibly including himself...

Author: /time Magazine | Title: The Lessons of Perot | 11/16/1992 | See Source »

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