Word: pocketed
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...Does Science Matter? In China, I watched Chu tour the headquarters of a company called ENN - the name is a hybrid of energy and innovation - that was founded as a tiny gas supplier in 1989 by a cabdriver with $200 in his pocket and has expanded into a clean-energy conglomerate with more than 24,000 employees. Chu peppered his hosts with technical questions as he checked out a sleek factory churning out superefficient solar panels, a greenhouse where genetically engineered algae were excreting fuel, a prototype for a coal-gasification plant in Inner Mongolia and a research lab with...
...focused on different reasons. At times he has emphasized the skyrocketing health costs that are on track to bankrupt the country. At other times he has emphasized the promise of universal coverage. Lately he has shifted to the plight of the insured, who still face exorbitant out-of-pocket expenses and can lose their coverage if they get sick. But he has also tried to assure Americans that they'll be able to keep their existing insurance if they like...
...applied to plans only if they are purchased in the exchange, would not equal more than the cost of a minimum benefit package. If individuals want to purchase plans that are more expensive, they would be free to do so but would have to pay more out of pocket. Employers whose workers buy coverage through the exchange, under the House plan, would contribute at least 72.5% of the cost of an individual minimum benefit package premium and 65% for a family plan. Under this scenario, employees would have the freedom to choose their own plan, as opposed to being herded...
...they themselves have, they are referring to the largest exchange in operation, the Federal Employee Health Benefits Program (FEHBP). On the program's website, federal workers can enter in their location and see what private insurance plans are available and how much they would have to pay out of pocket. (See for yourself See Source »
...think it's worth it? Of course. It was my grandmother. So anything that would relieve her pain or her suffering or extend her life in a way that she wished is something I wanted to do, and I would have paid for it out of pocket if I had to. But not every family is going to make those same decisions. (See TIME's health and medicine covers...