Word: highes
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...government, there is a strong economic rationale for including it in the bill. In 34 states, five companies or fewer control the market for insurance available to small groups. These insurers’ dominant market shares make it difficult for new, private competitors to emerge, which keeps insurance costs high...
...industry promised to reduce Medicare prescription drug costs by $80 billion over 10 years. While a step in the right direction, this concession requires the Obama administration to oppose future cuts in drug costs. A Republican Congress forbade Medicare to negotiate prescription drug prices with producers; predictably, costs remain high. Freeing Medicare to bargain with Big Pharma would save the government an estimated $90 billion annually. The Department of Veterans’ Affairs pays lower drug costs than Medicare because it is allowed to negotiate drug prices—it defies logic that one government agency can negotiate with...
...when does a high-level White House adviser become a czar? No one knows for sure, since the term itself has no formal definition. Essentially it's a media creation - the White House rarely even acknowledges the title - used as a snappy shorthand to identify and describe the array of policy officials swarming the West Wing. And it's hard to blame reporters; unwieldy official titles are often begging for a rebranding (Director of the Office of National Drug Control Policy, for example, doesn't stand a chance against drug czar). Counts of Obama's czars range from the high...
Palin was in the Big Lychee on her first visit to Asia, delivering her first major speech abroad at a high-profile conference of bankers and regional finance executives. A reported 1,100 delegates crammed into the ballroom to hear her champion "commonsense conservatism" and Reaganomics and offer commentary on Asian geopolitics. But if this luncheon keynote address was the former Alaska governor's first credential-burnishing step toward a 2012 presidential bid, it was made with the pesky media well at arm's length. All press were barred from the event, reportedly at the request of Palin's camp...
Palin's audience was a mostly sympathetic throng of high-flying executives and fund managers from more than 32 countries, responsible for some $10 trillion worth of assets among themselves. While they welcomed her support for strong free-market policies, some of the executives in the crowd were not entirely convinced. "[Palin] displayed a mixture of commonsense prudence and a bit of naiveté when it comes to finance," says a London-based fund manager (most delegates spoke anonymously due to the confidentiality policies of their companies). "Surely, we know now not all things are better left to the market...