Word: vouchers
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Dates: during 1990-1999
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...Offers one flight voucher for a roundtrip U.S. Air flight. Discounted cost will be either $129 or $189, depending on whether the Mississippi River is crossed...
Klaus has so far rejected them. His current goal is faster privatization. A novel feature of the program is the public sale of $37 voucher booklets containing l,000 investment points redeemable for the stock of state-owned companies. Seven million citizens have invested in the booklets, the bulk of them since late December, when a company called Harvard Capital & Consulting promised a 10-fold increase within a year to citizens who would deposit the booklets with HC&C and let it choose which firms to buy into. The promotion spawned hundreds of imitators and boosted sales, but the privatization...
Bush says his plan would cost $100 billion over the next five years--most of that money going straight into the hands of insurance companies reaping huge windfalls from the additional clients made possible by the voucher plan. Where's the cash coming from, George? "We'll figure that out," says the President...
...Jerry Brown would say, there's certain unreality here. Bush goes to great lengths to expand the options for uninsured Americans but does little to help keep down costs. He aims to reduce the "paperwork blizzard" of health care administration but adds another layer of bureaucracy through the voucher system. He triumphs choice of doctor but advocates HMOs...
...worst choice plan is a voucher system in which public money is used to pay partial tuition costs to private schools. Proponents dream that the magic of the free market will increase competition and bring about the best possible results for schools. But the results are more likely to resemble our private health care system, in which people who use vouchers in the form of Medicare or Medicaid get vastly inferior care. Moreover, the Andovers, Exeters and Deerfields will still pick the kids they want, making a great influx of inner-city kids unlikely...