Word: fee
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Free checking and ATM usage with no monthly service fee or minimum balance are the main factors students say they look for when choosing a bank...
...They're coming in and managing the store," explained Anton C. Pil, an MIT senior. "We get a percentage of sales and a fee from them to manage the stores...
...year-long dental plan will cost individual students $115.32. Services are covered up to $1,500, though there is a $10 fee for each office visit. There are also single-semester plans...
...mergers like last week's $10 billion union of Chemical Banking Corp. and Chase Manhattan can enrich investors but hurt depositors. Hamilton fled his own bank in Washington last year after the giant First Union Corp. of Charlotte, North Carolina, acquired it and raised the minimum balance for no-fee checking from $250 to $500. "We couldn't meet that every month," says Hamilton, president of a nonprofit community-development group, who shifted his money to his wife's credit union. Unlike most consumers, Hamilton isn't watching the trend passively. His organization, Community First Inc., is trying to start...
Certainly it is hard to see how a voucher system can save Medicare much money unless it pushes people, subtly or otherwise, away from fee-for-service and into managed care (or gets them to pay for the difference out of their own pockets). Leaked reports about the Republican plan for Medicare say that it might impose caps on Medicare's annual cost, and that if costs exceed the caps, the difference would be taken out of the government's payments for fee-for-service insurance only. That is one way to drive people into managed care...