Word: reformative
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...Reforming this system poses a typical adversarial cooperation problem for firms who fear that other firms might cheat the system by keeping the old methods in place and attracting the best recruits with a cushy compensation system. But Wilkins said that the financial crisis has placed sufficient pressure on the legal industry to make cooperative reform possible...
...antibiotics aren’t doing anything a sugar pill couldn’t do. Doctors perform over 600,000 back surgeries a year to the tune of $20 billion. Surely some of the savings from eliminating back surgeries alone could go a long way toward funding health-care reform. This idea gains even more traction when you consider that, if subjected to the FDA approval process right now, back surgeries and any number of prescription or over-the-counter drugs would be summarily dismissed as failing to outperform the placebo level...
Rockefeller's frustration was apparent not just because his constituents badly need health-care reform - 16% of West Virginians are uninsured - but also because his amendment to the Senate Finance Committee's current health-reform bill was doomed to fail. It was voted down, 15 to 8, with five Democrats - including committee chairman Max Baucus - joining all 10 Republicans on the committee in opposition. Baucus, who agrees with Rockefeller that a public option would save the Federal Government money and lower costs for consumers, nonetheless believes that a bill with such an option will not garner enough support to overcome...
...most likely way that a public option could end up part of the finished product is as a backup plan. Maine Republican Olympia Snowe, who has been publicly courted by the White House as the most probable member of her party who might vote for reform, has offered an amendment that calls for a public option to kick in down the line only if private insurers don't do enough to offer affordable health-insurance choices. According to the text of her amendment, a public option would be offered if at least two private insurers didn't offer plans that...
...second chance to meet affordability standards before the public option would kick in. Snowe, in her amendment, refers to the public option as a "safety net" plan, without specifying whether such a plan would have to meet the minimum standards for adequate insurance coverage defined elsewhere in health-reform legislation. She also does not specify what entity would evaluate affordability or run her public option, described only as a "nonprofit government corporation." Snowe could bring the amendment before the committee later this week. (See more about health care...