Word: hike
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Dates: during 2000-2009
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This matters, as Medicare reimburses most surgeries above the cost of care and nonsurgical treatments at lower rates, sometimes below cost. Hospitals make up the losses--and those from treating the uninsured--largely with profits from surgeries. They also hike the prices they charge insurers and employers, who give hospitals a 22% margin, according to researchers at the Lewin Group, a consultancy, helping cover overall losses of 5% or more from Medicare and Medicaid. That comes back to the rest of us as higher insurance premiums, making health care all the more costly to employers...
...launch a new ticketing system. According to MBTA Spokesman Joe Pesaturo, the CharlieCard—a new bus and subway pass that features an embedded microchip with the card’s value–will improve efficiency and revenue collection. Beginning in January when fares are set to hike, riders who continue using paper CharlieTickets or cash will pay an even higher fare than those using the new pass. About 300 MBTA Ambassadors sporting green vests passed the cards out all over the city to promote the CharlieCards and explain their use. “This is very important...
...comparison with recent years, those figures are measly for the U.S. - but unusually robust for the Europeans. Central banks on both sides of the Atlantic are reacting differently to the prospect. In Frankfurt, the European Central Bank is continuing to raise interest rates - the next hike is widely expected later this month. In Washington, meanwhile, the new Federal Reserve chairman, Ben Bernanke, has ended the series of rate increases introduced by his predecessor, Alan Greenspan, and Wall Street has been anticipating the start of a period of cuts as the U.S. economy loses momentum. This transatlantic divergence is pushing...
...Japan, where traders are now speculating on whether the Bank of Japan will raise rates later this month. The Japanese economy has been recovering from stagnation, and the bank in July ended its policy of keeping interest rates at zero. But rates remain very low - just 0.25% - and a hike could put further pressure on the dollar...
...Bush and his military leaders have made it clear they want U.S. forces to remain in Iraq for the foreseeable future without a significant hike in troop levels. That, defense officials say, is unlikely to change the dynamic on the ground and - absent some political push that achieves a semblance of peace - is only likely to continue the grim parade of the flag-draped coffins of U.S. troops into Dover Air Force Base...