Word: payment
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...entrepreneur, told Saudi Sheik Mezan Pharaon that Gaddafi had offered $1 billion to anyone who could supply certain "strategic materials," presumably parts for an atomic reactor. Tannoury said he could obtain the materials through Venezuelan associates, but that he first needed to come up with a $33 million down payment. For approximately $14 million in cash, Tannoury said, Pharaon could share in the profits of the operation. A short while later, the sheik gave Tannoury the $14 million...
...forth for national service. Proponents argue that it would ameliorate the disastrous youth unemployment problem, improve the quality and equality of the armed forces by bringing a broader range of teenagers from more affluent and better educated backgrounds into the services, and extract some sort of in-kind payment for accruing the advantages of U.S. citizenship...
...third major element of the Reagan health package is a proposal to establish a catalogue of fixed prices that Medicare will pay hospitals. Under the proposed "prospective payment" system, the Government would pay hospitals set fees for 467 "diagnosis-related groups" of illnesses, based on the average cost nationally for the procedures plus a labor differential. If a hospital spent less than the amount, it could pocket the difference; if more, it would bear the overrun. Hospitals are now reimbursed for all "reasonable" charges associated with a Medicare patient. The projected savings: $1.5 billion in fiscal 1984 and $20.4 billion...
...prospective-payment plan is the only element that does not automatically send temperatures soaring. At hearings before the Health Subcommittee of the House Ways and Means Committee last week, expert witnesses suggested a range of adjustments in the Administration's approach, but prospects for congressional passage of this part of the package still appear reasonably good. Senate Health Sub-committee Chairman David Durenberger, a Minnesota Republican, predicts that the plan will reach the Senate floor for a vote in March...
...Manville Corporation has until this week to present a plan which would shift its burden of payment of health claims to the government. The corporation could declare bankruptcy without ever shutting its doors, and continue to shirk all responsibility for the health of its workers...