Word: reportable
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...West Hollywood home. Were prescription drugs the culprit or hard drugs? (No illegal medication was found in her home, but, police said, large amounts of prescription drugs were in her body.) Bulimia? Depression? Is this a Heath Ledger death or a John Belushi? Long before an official report could be issued, Perez Hilton decried what he assumed to be her reckless lifestyle. Other columnists blamed the vulturous showbiz media for not heeding her pleas, however mute, and healing her wounds. In the larger world, a tandem of reactions was typical. The first thought: Isn't that a shame... The second...
...Transportation Committee - launched an investigation into MLRs. According to Rockefeller, in 2008, insurers in the individual market spent an average of 74% of premiums on health care, compared with 80% in the small group market and 84% in the large group market; some insurers cited in the final report spent as little as 66% of premiums on actual care. CIGNA, one of the insurance companies cited, says investigators erred in calculating the company's medical loss ratios. Where the report said CIGNA spent 87% of premiums in the individual market on care, the company says it actually lost money...
...setting a new national MLR floor is not the end of the equation. The CBO, in its report on the regulations, said insurers might react to new thresholds by "cutting back on efforts to restrain benefit costs through care management." Translation: Anything that doesn't count as "medical costs" may be on the chopping block, including exorbitant executive salaries but also programs to keep patients healthy. There is also a fear among health policy experts that some insurers could raise premiums in reaction - higher premiums means more money spent on health care, but also more left over for profits. Another...
Associated Press reporters Frederic J. Frommer, Sam Hananel and Andrew Taylor contributed to this report...
...million vehicle sales a year compared with China's 6 million. But the economy of the world's second most-populous country is growing by about 7% a year, offering tremendous upside. There are just 11 cars on the road for every 1,000 Indians, according to a Deloitte report, compared with 511 in the U.K. and 22 in China...