Word: loss
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Volpp and Lowenstein concede that when the dividends stopped, so did the weight loss. About three months after the study ended, both incentive groups had put some pounds back on, though none of the subjects had returned to their original weight. (Read TIME's story on exercise tips...
Still, the cash-for-fat idea proved powerful, and Volpp envisions ways it could be improved so that the weight loss sticks. If you run the programs for 12 to 18 months, for example, subjects start to reap the physical rewards of trimming down. "Their knees and back no longer ache. They start to look better in clothes," he says. "Those benefits become their own reinforcements, so you can turn off the incentive program." Employers and insurers could adopt a similar program, with monthly premiums falling along with the numbers on the scale. "We all tend to discount amorphous health...
...December 2, 2008, Harvard President Drew G. Faust sent a letter informing the Harvard community of a 22 percent loss in the endowment. This $8 billion blow comes on the heels of much criticism about Harvard’s spending policies. In light of the recent financial crisis and these pointed questions, it is important to examine and evaluate Harvard’s endowment and fiscal policies. This focus seeks to highlight a diverse array of concerns and suggestions, such as taxing the endowment, environmentally responsible investing, socially conscious alumni donations, and the student body’s role...
...kept attacking,” said Amaker. “It was a tough loss for our kids because they played so hard and so well...
...Projecting his pen-and-paper tabulations on two screens in either corner of the room, Smith outlined the Faculty’s precarious financial situation. With University estimates of an annual endowment loss hovering at 30 percent in the midst of an unprecedented financial crisis, Smith said it was unlikely that FAS will see an increase on the $650 million of endowment payout it received last year...