Word: premiums
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...latest report on money-market-fund yields shows that three funds are now paying more than 5 percent. The top performer is Benham's Prime Money Market Fund, based in Mountain View, California, which was yielding 5.12 percent. In second place, yielding 5.09 percent, is the Olde Premium Plus Money Market Series, available through the discount broker Olde. The Dreyfus Basic Money Market fund is third, with a 5.02 percent yield. The average money-market fund is paying only 4.35 percent, up from 4.29 percent last week, according to the weekly report by IBC/Donoghue...
...Health Plan" is already in effect throughout Washington, much of the rest of the new health care system is still in the works. The taxes on employers will be phased in slowly between now and 1997. The state has also agreed on a uniform benefits package and an insurance premium...
...money market fund yields shows that some funds have been paying more than 5% during the past week, the highest in years. The top performer was the Benham Prime Money Market Fund, based in Mountain View, Calif., which was yielding 5.06%. In second place, yielding 5%, was the OLDE Premium Plus Money Market Series, available through the discount broker OLDE. The average money market fund is still paying only 4.29%, though, according to the weekly report by IBC/Donoghue...
...squeeze the popular mid-size Hondas and Toyotas between Detroit's hot compacts and its larger models, like Ford's Taurus, the top-selling car in the U.S. Says Chris Cedergren, who tracks auto-industry sales for AutoPacific: "The battle lines are really going to be drawn in the premium-compact market, where the Japanese get about 33% of their U.S. car sales. We think the Contour and the Mystique and the Chrysler models are going to put a lot of pressure on the Japanese...
...mainstream plan also contains what may be a serious policy weakness. It calls for community rating, which has the effect of narrowing the gap between the low premiums paid by the young and the high premiums paid by the elderly. But it doesn't mandate universal coverage, which would prevent the young and healthy from dropping out of insurance pools entirely rather than pay higher premiums. That in turn would lead to even higher premium costs for anyone who stayed in the pools -- and to another political problem for Clinton, who would be blamed by this constituency on Election...