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United Airlines has a similar level of secrecy surrounding its Global Services program. "We don't discuss the criteria for being invited into this elite club," says one spokesperson. The airline, however, will list some of its perks: being the first to board a plane; having a private check-in room with a back door to the front of security; a private phone number to agents who are at your beck and call. United's top flier, Thomas Stuker, is a huge fan. "Global services is like dying and going to heaven," he says. "They take care of every single...

Author: /time Magazine | Title: Up in the Air Fantasies: What Does 10 Million Miles Get You? | 12/22/2009 | See Source »

...adds that the spread between the high and low salaries is limited so that the CEO earns no more than five times the lowest-earning entry-level employee. This follows the Mondragon template, which keeps the ratio down to 1 to 4 or 5 (though in a few cases of specialized positions, it's as high...

Author: /time Magazine | Title: In Cleveland, Worker Co-Ops Look to a Spanish Model | 12/22/2009 | See Source »

Rockefeller had been pushing for a 90% threshold, but the Congressional Budget Office said such a requirement would severely limit companies' flexibility and "make such insurance an essentially governmental program." Many states currently have MLR requirements, but most are below the federal level that would be established under Democratic health reform. The existing minimum baseline, established in non-binding guidelines from the National Association of Insurance Commissioners, says that MLRs must be at least in the 50-60% range, depending on what other regulations are in place...

Author: /time Magazine | Title: Forcing Insurers to Spend Enough on Health Care | 12/22/2009 | See Source »

What if there was a way to raise a population's life expectancy and reduce its rates of crime, suicide, teenage pregnancy and mental illness, among other social problems? British epidemiologists Richard Wilkinson and Kate Pickett believe they have found one. In The Spirit Level: Why Greater Equality Makes Societies Stronger, published in the U.S. on Dec. 22, they present data suggesting that almost every indicator of social health in wealthy societies is related to its level of economic equality. (See the data here). Comparing statistics between developed economies and within the U.S., Wilkinson and Pickett argue GDP and overall...

Author: /time Magazine | Title: The Importance of Economic Equality | 12/22/2009 | See Source »

...Vermont or perhaps New Hampshire. But the point is that at any given level of income, education or occupational level, you are better off in a more-equal state. You will be less likely to have mental illness, and your children will be more likely to avoid drugs or teenage pregnancy, or become victims of violence...

Author: /time Magazine | Title: The Importance of Economic Equality | 12/22/2009 | See Source »

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