Word: opted
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Here's the idea: you give seniors a chance to opt out of Medicare. If they want to, you hand them a chit worth a specified amount of money and send them shopping for their own health coverage. Bureaucracy gives way to the forces of the free market. Insurance companies, in a dash to sign up tens of millions of new policyholders, come up with an array of attractive new offerings well beyond Medicare's--dental coverage, eyeglasses, hearing aids, annual physicals, prescription drugs. Everyone benefits--and at far less cost to the government...
...qualify for a clinical trial. He knew the trial carried only a remote possibility of a cure, but he didn't want to give up. Even so, when he and Nancy totaled the cost of his pain medications--$2,250 a month--they were presented with a cruel choice: opt for hospice to save money, or go for the trial and keep paying for the drugs themselves (the Medicare hospice reimbursement includes prescriptions; Medicare generally doesn't). "So it's hospice vs. bankruptcy," said Cummins. He and Nancy chose hospice care. Bob died at home Aug. 17, before the trial...
...your part by stashing money in a 401(k) plan, you just might get drafted. That's right. A growing number of companies have begun enrolling workers in 401(k)s whether they like it or not. This isn't your dad's war. Draftees may--with written notice--opt out. But few do. The result is that plans with an automatic-enrollment feature boast enviable participation rates...
Here's the idea: you give seniors a chance to opt out of Medicare. If they want to, you hand them a chit worth a specified amount of money and send them shopping for their own health coverage. Bureaucracy gives way to the forces of the free market. Insurance companies, in a dash to sign up tens of millions of new policyholders, come up with an array of attractive new offerings well beyond Medicare's--dental coverage, eyeglasses, hearing aids, annual physicals, prescription drugs. Everyone benefits--and at far less cost to the government...
...tough challenge, and Pedro knows that "you have to be a little lucky" to find yourself on your feet at the end of the day. But having learned about losing the hard way, he's likely to opt for the alternative...