Word: coste
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...study’s researchers also acknowledged that the reform’s positive results have come with “trade-offs,” including administrative burdens and higher costs. About 50 percent of the physicians polled said they believed the law was “hurting” the overall cost of health care in Massachusetts...
...meantime, it appeared Friday that Smith’s calls for cost-cutting measures last spring—when deficit estimates ran as high as $220 million over a two-year period—had paid some dividends...
...open forum in September, Smith first informed faculty and staff that progress had been made on the University’s financial situation which had led him to prescribe cost-cutting measures that went “significantly further” than the “proverbial belt tightening,” as he wrote in a correspondence to the Faculty last year...
...done to close a remaining $110 million deficit. Still, Smith noted that FAS received about $33 million in unrestricted gifts from two anonymous donors this past year, while also making a one-time withdrawal of $20 million in cash from its endowment to help offset the increased costs of the middle-income financial aid initiative. Both funding sources represent isolated influxes into the annual budget, and will not be reported in subsequent years, meaning that the long-term deficit that Smith has emphasized in a series of faculty meetings and community gatherings remains a concern. But Smith wrote...
...absence of significant reform, we will continue to see an erosion of the employer-based system. Smaller employers are dropping coverage altogether. The ones who are able to offer coverage are under greater and greater pressure. [In] the large-employer market, I see continued cost-shifting," says Tom Billett, a senior consultant for Watson Wyatt, a firm that advises companies (including TIME's parent company, Time Warner) on health-plan design...