Word: worth
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Dates: during 2000-2009
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...considered bad form to blame people for a catastrophe after it happens, unless someone involved has committed a felony. In the case of newspapers, how the house caved in is worth a hard look. It says a great deal about how industries that do not have to fail, fall apart anyway. (See the 25 people to blame for the financial crisis...
...life-saving or not, Rawlins' group won't approve it. With skyrocketing prescription prices bloating America's health-care system, many experts are now taking a hard look at whether America should embrace NICE's controversial methods. Rawlins talked to TIME about how NICE calculates a drug's worth, what its system might mean for the U.S. market and why drug companies are running scared...
...explicitly adopted some form of cost control. In the U.S. you do it by not providing health care to some people. We are best known [for looking] at a new drug, device or diagnostic technique to see whether the increment in the cost of that treatment is worth the increment in the health gain. (See pictures of health care in Tehran...
...cost per quality-adjusted life year, you are basically deciding how much a year of life is worth? Yes. The most controversial area is where you place the dividing line between what is cost-effective and what is cost-ineffective. That is the "How much is life worth?" question. And there is no real empirical research to guide you. We have looked at what other government departments do. Our Department of Transport, for instance, has a cost-per-life-saved threshold for new road schemes of about 1.5 million GBP per life, or around 30,000 GBP per life year...
Skidmore has boosted its financial-aid budget 8% this year by trimming travel, faculty raises, renovation plans and commencement festivities. While the cost of attending the college rose $2,000 this year, the average aid award increased $2,300. In addition to $7,000 worth of federal and state grants, work-study earnings and federal loans, the average financial-aid applicant will pocket $28,000 in Skidmore grants. Skidmore, like many of its peer schools, also allocates funding for superstars with financial need, a practice known as "preferential packaging." The most desirable students--the ones who blew...