Word: nonprofit
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Dates: during 2000-2009
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...payoff for employers? Virgin HealthMiles CEO Chris Boyce says he has seen his company's programs, at about $2.50 a month per employee, cut health-care claims to as much as one-sixth their cost. On average, according to a nonprofit research group called the Wellness Councils of America, for every dollar that a company spends on helping employees get healthier, it can expect to save $3 in health-care expenses. On top of that, an article in last month's Journal of Occupational and Environmental Medicine says every dollar in medical and pharmacy expenses that companies pay is dwarfed...
...least, that's one finding of a new study by human-resources consultant Watson Wyatt and a nonprofit outfit called the National Business Group on Health (NBGH). Bent on slashing costs left and right these days, a growing number of big companies are nonetheless investing serious money in bribing, er, encouraging employees to get healthier. Nearly 6 in 10 (58%) now offer wellness programs, up from fewer than half (43%) in 2007. And the percentage of companies paying people to ditch bad habits (especially eating junk food and not exercising enough) has gone from 53% in 2008 to 61% this...
...Medical errors are expensive, and most of the costs of medical errors actually affect people after they leave the hospital," says Nuckols, who is also a health-services researcher for the Rand Corp., the nonprofit health-research group that sponsored the study. "If the recommendations do succeed at reducing medical errors, there could be some cost offsets...
Harvard University is a nonprofit, not a business. This is one of the central arguments that we hear professors, politicians, and students make when they advocate for Harvard to be more socially and morally responsible. But does this claim mean anything? Should Harvard act any different as a nonprofit than as a business? The answer is yes—Harvard gains huge financial benefits as a nonprofit, and with these benefits come additional responsibilities toward the community that businesses do not always have...
...many ways, has been good for his art. Moving off-Broadway - which he did with Sunday in the Park with George, his groundbreaking work on painter Georges Seurat - proved something of a relief to Sondheim. "I remember being very exhilarated," he says. "I found it liberating. It was nonprofit, so I could indulge myself. We were less worried about the commercial aspects of the piece...