Word: voucherization
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...purest form, managed competition would replace Medicare with a voucher good for the purchase of the health insurance of your choice. The government would lightly supervise the available choices. You could choose an HMO, a PPO, traditional fee-for-service medicine or whatever. If your choice cost more than the value of the voucher, you would pay the difference. If it cost less, you might get a rebate. Competition to sign you up is supposed to restrain prices and guarantee quality. The health-care system for federal employees works roughly like this, and it works well. Last year premiums actually...
...call for insurance reform, which means eliminating the onerous "pre-existing condition" clauses insurance companies use to deny coverage. It also targets Medicare and Medicaid as the last great preserves of fee-for-service medicine. Price controls are rejected because they spawn cost shifting. The alternative would use a voucher system to move future beneficiaries into HMOs. Those seeking greater care would have to pay for it out of their own pockets...
Each time Lisa Jones arrived at an East Baltimore, Maryland, health clinic for a pregnancy checkup last year, the 19-year-old was given a yellow voucher worth $10. After 10 visits, in which she improved her diet and learned how to care for an infant, she gave birth to a healthy baby daughter. "There are a lot of girls out there who are naive," Jones says. "The vouchers are a good way to get them to come...
...Spare Change] thought it was a really good idea," Torrez said. "It was different because instead of using the word 'voucher,' which people tend to associate with the welfare department, we only use the word 'coupon...
...sale, Leland's auctioned off Buckner's Series runner-up ring accompanied by a note: "Hope you enjoy my ring. The nightmare of 1986 is over! I'm off the hook. Your pal, Bill Buckner." Ring and note brought an astonishing $33,000. Even Pete Rose's good-behavior voucher from doing prison time for tax evasion fetched $770. "I know it's a little twisted," said executive Andy Gross, the winning bidder. "But this little conversation piece will have cult value. I could display it next to the Gerald Ford letter pardoning Richard Nixon, which...