Word: moneys
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...linked to UNITAID that will collect the voluntary airline-ticket levy and distribute it to key players in the field of medical assistance in Africa and elsewhere. Recipients will include the U.N. children's agency UNICEF and the Clinton foundation. As well as targeting HIV/AIDS, tuberculosis and malaria, the money will also be spent on improving maternal health and reducing child mortality...
...Consulting firm McKinsey & Co estimates that the levy could raise as much as $1 billion a year, although Douste-Blazy cautions that it will take several years to reach that goal. He promises that administrative expenses will remain extremely light, especially by U.N. standards - less than 5% of the money raised...
...original version of this story misstated that the Bill and Melinda Gates Foundation will be receiving money from the new airline-ticket voluntary surcharge to help fund development projects...
...costs. The bill claims to do this by trimming a lot of fat out of the system and setting up an independent, nonpartisan panel that will take away Congress's power to set Medicare payment policies and reimbursement rates. But, most controversially, the bill takes a big chunk of money from the Medicare Advantage program, which essentially subsidizes insurers. "We are committed to working with policymakers and stakeholders to find savings in the Medicare program, including Medicare Advantage, but it is important to ensure seniors' health-care choices are protected," said a statement from America's Health Insurance Plans...
...describe the WOW awards as a costume competition isn't quite capturing it, but that's what it is in essence, with nearly $70,000 in prize money at stake. For this year's event, which runs Sept. 24 to Oct. 4, judges have chosen 165 designs from 10 countries, to be featured in 10 two-hour shows, each of which is a jaw-dropping theatrical performance. Dance, music, lighting, elaborate sets and of course the ensembles themselves attract a total audience of around 35,000. "WOW," says founder Suzie Moncrieff, "is a glorious rebellion against the mundane." (See pictures...