Word: premiums
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...workers who are dissatisfied with the medical plan say it ranks below the Yale benefit plan. Medical coverage available to employees at Yale and Harvard is equivalent. Yet Yale pays 100 percent of the premium on the in-house health plan, or spends the same dollar amount on another plan held by the employee...
Secrecy, it seems, is everywhere at a premium. Schleicher sells to schools as well as corporations in 110 countries. The company can even boast that the Intimus 007 S is Ayatullah-proof. By converting a piece of paper into 10,000 flakes, the machine makes it impossible to reassemble shredded documents, as the Iranians did after the U.S. embassy was seized...
...which the strength of a presidential candidate's political machine is closely tied to the sophistication of his technological tools. This year's race involves an oversize field of candidates who are scrambling to gain recognition across a wide geographic swath in just a few weeks. That puts a premium on any technology that will increase a campaign's reach -- even if it leaves less time for pressing flesh and kissing babies...
...premium hikes are part of a general surge in costs that is hitting everyone covered by health insurance. On Jan. 1 the Medicare premiums paid by elderly and disabled Americans jumped 38.5%, from $17.90 to $24.80 a month, the largest increase since the program was started in 1966. At the same time, Blue Cross and Blue Shield premiums for federal workers rose...
...idea behind portfolio insurance is deceptively simple. During a rising market, a fund manager pays a premium to an insurer in return for a promise that the value of his portfolio will not fall more than a specified percentage if the market takes a nose dive. Investors have long searched for such a perfect hedge, and with the advent of new investment tools in the early 1980s, & it looked as if they had finally found one. Says Hayne Leland, the Berkeley finance professor who came up with the scheme: "We felt we had a reliable instrument...