Word: payment
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CLUM took on the case of a state employee who demanded payment from her medical insurance plan for a $150 abortion last March. The state ruled that the Harvard Community Health Plan--which covers medical costs, including the cost of elective operations--refuse payment...
Marcello, who claimed to have great influence in arranging such insurance, told the agents which politicians could be bribed-and readily accepted a $5,000 payment for his advice...
...forming families and plunging into debt to pay for everything from cars to homes to appliances, are particularly heavy borrowers. Reports Albert Sindlinger, the public opinion pollster: "Before 1972, the practice was that if you wanted something you would build up your savings, usually for a down payment, then go into debt for the rest. But exploding inflation has changed all that. Whereas their parents took ten years to furnish their homes, today's young people do it in two weeks." Adds Stan Benson, a Los Angeles consumer credit counselor: "It is not unusual to see a 26-year...
...mortgage debt rarely exceeded $15 billion annually, but since 1977 the borrowing has leaped to close to $100 billion a year. As Economist Alan Greenspan points out, much of the rise has been coming from people who sell their homes at bloated prices, then make the lowest possible down payment on a new and probably even more expensive dwelling, pocketing whatever is left over as profit. Still other borrowing is coming from "home equity loans," the bankers' euphemism for second mortgages, which at interest rates of as much as 18% or more have become among the trendiest and most...
...Evelyn Waugh's Men at Arms, and the inevitable cockiness that precedes the regiment's first bloodying. That occurs during the amphibious landing in Sicily, part of the Allies' first massive invasion of Europe in 1943. Taking the island is costly but only a down payment on the rest of the Italian campaign...