Word: factoring
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This week the House voted 298 to 112 to give the Food and Drug Administration the power to regulate tobacco along with food and drugs. Ted Kennedy will soon introduce his version of the bill in the Senate. The White House supports the bill: "Tobacco use is a major factor driving the increasing costs of health care in the U.S.," said a statement by the Office of Management and Budget, "and accounts for over a hundred billion dollars annually in financial costs to the economy...
...From a practical standpoint, limiting HPV testing to women over 30 can also reduce unnecessary costs in treating patients in whom the infection would have resolved itself, a particularly important factor to consider when attempting to get cervical cancer prevention programs off the ground in the developing world and among lower-income women, Sankaranarayanan says. Indeed, the current standard in HPV tests, the Hybrid Capture II, which was used for this study, is already too costly for wide-scale application, running as much as $30 per test. Realistically, in order to be used on a grand scale, tests would have...
...Nudge Factor We all know Obama won the election because he looked like change, sounded like change and never stopped campaigning for change. But he didn't call for just change in Washington - or even just change in America. From his declarations that "change comes from the bottom up" to his admonitions about "an era of profound irresponsibility," Obama called for change in Americans. And not just in bankers or insurers - in all of us. His Zen koan, "We are the change we've been waiting for," may sound like New Age gibberish, but it's at the core...
Lastly, we hope that colleges remain transparent with their admissions process. If they must make financial status a bigger factor in their admissions decisions, then they should be clear about this with students. If they need more information about applicants, they should request it instead of trying to ascertain financial need using deceptive tactics such as evaluating zip codes or parent’s background. These methods are underhanded and do not provide an accurate picture of a family’s financial situation or a student’s ability to afford school. As hard...
...Rich Russians are accustomed to huge markups on luxury brands sold in their country. Top fashion labels can sell for up to 1,000% of what they would in the U.S. or Western Europe. But factor in inflation and the devaluation of the ruble, and the price is too high for many, says Grankina. "There is a layer of wealthy people who are willing to pay up, but when the ruble falls against other currencies, sellers pass that on to consumers at a time of inflation, so things become much more expensive...