Word: limiters
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...tort reform. A bill on the verge of enactment by the Minnesota legislature would set up "joint underwriting associations" to issue liability policies, written by the state, to customers who could not get commercial insurance; any losses would be picked up jointly by the state's insurers. But to limit those losses, the bill also would restrict punitive damages, among other tort reforms...
...financial terms, the DRG system appears to be working. It has helped limit the annual increase in hospital costs to 5% and reduced the average hospital stay for Medicare patients from 9.5 days in 1983 to 7.5 days last year. Many private insurers have introduced DRG systems of their own. Says Jack Owen, executive vice president of the American Hospital Association: "The DRGs have created efficiency and economy...
...long, straight highway through the flatlands was once considered almost a part of the American birthright. But when the oil embargo pinched the U.S. in 1973, high-speed, gas-gulping joyrides looked like something the nation could ill afford. Congress forced the states to impose a 55-m.p.h. limit, and a tradition died. Though lower speeds have saved countless lives and millions of barrels of oil, many road runners hate slow-motion driving. I Can't Drive Fifty-Five, a popular song by Sammy Ha-gar, has become the anthem of speeding scofflaws...
...with prices at the pump dipping below 700 per gal., the economic incentive for a 55-m.p.h. limit is fading. In the West, state governments are joining individual drivers in rebelling against Washington's go-slow edict. Arizona, South Dakota and Nebraska have reduced fines for exceeding the speed limit to as little as $10. Those states, as well as North Dakota, Minnesota and Nevada, have passed laws eliminating penalty points for some speeding infractions. California has discussed raising the speed limit to 65 m.p.h. on highways in less populated areas...
...price is high for states that violate the speed limit. If more than 50% of a state's drivers exceed the 55-m.p.h. limit, the U.S. Department of Transportation can withhold up to 10% of that state's federal highway funds. The department monitors compliance electronically with subterranean sensors. For two years Arizona has not been in compliance, and stands to lose $5 million worth of highway funds so far; Vermont and Maryland have also failed to meet compliance standards, but are contesting federal methods for compiling speeding data...