Word: dons
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Finally, trends do matter, but only when they're big and lasting. All those shipping companies that did so well in 2007 don't make the cut once the time frame is a decade. But an aging population and increasing demand for health care - that's one shift that's...
First, barriers to entry matter. The list is packed with railroads, steelmakers, producers of heavy machinery and makers of technical instruments. These aren't companies you can compete with just by starting a business out of your garage. Sure, industrial pumps, valves and seals aren't exactly sexy, but if...
Insurance companies have a very technical term for this proportion - "medical loss ratio" (MLR) - and critics say the terminology itself illustrates the callousness of the health insurance business. Companies that sell coverage consider revenues that go to pay for medical costs "losses,"; minimizing these losses by dropping sick customers and...
Earlier this year Rockefeller - who is chairman of the Senate Commerce, Science and Transportation Committee - launched an investigation into MLRs. According to Rockefeller, in 2008, insurers in the individual market spent an average of 74% of premiums on health care, compared with 80% in the small group market and 84...
George W. Bush used to insist that he didn't read polls, and on the off chance that he did, he didn't care anyway. "I don't give a darn," the former President famously said early this year just before the end of his term, when CNN's Larry...