Word: premiums
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...sales] volume base back. Pontiac is our sports segment, but the challenge is to take that image and convert it into more volume units. Oldsmobile needs to reposition itself to sophisticated, refined midsize-car buyers who will be new purchasers to GM. Buick's great focus will remain on premium American road cars, but it needs to recapture that traditional element from a younger customer base. Cadillac really needs to make its breakthrough as a global player. Saturn's image is just perfect. All they need to do is execute product growth." Whew! Interpretation: GM needs to sell...
This may be an extreme position, but there is ample evidence that the bottom-line mentality is taking over. HMOs refer to the proportion of premiums they pay out for patient care as their "medical-loss ratio"--a chilling choice of words. The Association of American Medical Colleges reported last November that medical-loss ratios of for-profit HMOs paying a flat fee to doctors for treatment averaged only 70% of their premium revenue. The remaining 30% went for administrative expenses--and profit. Other surveys have yielded less alarming figures, and even among profit-making HMOs, there is a wide...
...copied his bottle design. So Jackson is suing Gallo, claiming it has co-opted sales of his category-topping Vintner's Reserve. Gallo disputes the charges, but there is no disputing Turning Leaf's rousing success. It shot up to second place in less than two years in the premium varietal market...
...Kendall Jackson's top-selling Vintner's Reserve Chardonnay. Indeed, with its flanged top, visible cork and yellowing grape leaf, Gallo's bottle looks remarkably similar. It's been similar in the stores, as well: in just two years, Turning Leaf has rocketed into second place in the premium varietal market. For jurors, the similarities were not enough to prove that Gallo duplicated the 'trade dress' of Kendall-Jackson's bottle. Jackson says he will appeal...
...much as $50 million from the school's administrative budget during the next few years. She stresses that Penn has frozen its room-and- board charges for the past two years, taking advantage of new efficiencies in residential and food-service operations. But the costs of providing a premium education--everything from complying with new federal regulations to keeping up with changes in automation--have skyrocketed, she says. Even the expense of data has risen sharply. An online index of physics abstracts, for example, costs Penn $50,400 a year; when the index was just a series of books...