Word: payment
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...report proposes allowing the University to accept shares of a firm's stock in lieu of licensing fees if the payment of such fees would be impractical...
This would normally be the case for a small start-up firm that did not have enough cash to make a payment...
Since Harvard makes some $60 million in loans every year, the measure would require a payment of $1.2 million which could otherwise be used for financial...
Under the Heritage Foundation proposal, the government's annual payment would vary based on age and sex but not medical condition; Medicare-qualified insurance plans, though, would be forbidden to discriminate against sicker people. This puts much of the burden of risk pooling on private insurers. There would be a tremendous incentive for insurers to "cherry pick"--to try to sign up healthier people--as is happening in a small way now with Medicare's HMO option. Even without purposeful discrimination, healthier people will naturally drift toward the cheaper, less elaborate plans, making them cheaper still--not because of greater...
...seniors lobby is worried that if Medicare is turned into a cash payment or voucher, it will become indistinguishable from food stamps. It will be seen more like a welfare program, and people may start to wonder why we are financing gold-plated health-insurance welfare for the elderly, many of whom don't need it, when we do nothing for 41 million Americans--mostly workers and their families--who have no health insurance at all. The worry is reasonable. But so is the question...