Word: premiums
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Dates: during 1960-1969
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...Premium Fares. When the Concorde goes into service in 1973 or earlier, its expected top cruising speed will be 1,450 m.p.h., and the plane will leap the Atlantic in three and a half hours, about twice as fast as a 707 or DC-8. Many passengers will probably be eager to hop aboard just to get there faster. But lines flying Concordes will have to charge a premium, perhaps 20% above regular jet fares, or make sure that each plane is more than 60% full. By contrast, existing jets can break even at 50% of capacity...
...only criterion now used, nor are they a foolproof means for stopping those determined to discriminate. And the current use of grades with respect to employment carries three problems. First, the heavy reliance on first-year grades constitutes a premature judgment of abilities. Second, and consequently, there is little premium on development over the three years of law school. This is especially true when much hiring for second-year summer jobs is done before Christmas and those jobs often lead to permanent employment after graduation. Third, examinations simply do not provide the full picture of a student's talents...
...part. Regional pay differences exist, but are narrowing as executive mobility increases. The Fantus Co., a site-seeking firm for industry, reckons that for young executives living costs in New York run 12% higher than in Chicago and 40% higher than in Dallas. Although some companies give Manhattan executives premium pay, it does not always make up for the cost-of-living differential...
...trouble with all the early coverage, by both "the Blues" and the commercials, was that it was not health insurance, although it was widely misrepresented as such. It was, and to a great extent remains, sickness insurance. Far from putting a premium on preventive medicine and the maintenance of good health, it puts a premium on sickness. Until recently, most Blue Cross plans covered no care outside a hospital, and specifically excluded diagnostic procedures. The result has been connivance to defraud the insurers. Often if a woman needs a diagnostic pelvic examination that might better?but need not necessarily?...
...Little Giant. For all the P.M A. theatricals, Combined Insurance is efficiently run and rapidly growing. In 1967, it earned $19 million on $130-million-worth of premiums, largely by tapping a part of the market that most other insurers have overlooked. Stone developed the low-cost Little Giant health and accident policies that are sold without a medical examination or credit check, mostly to shopkeepers and employees of firms without disability income plans. For a $3 annual premium, the policy pays disability benefits of $15 a week for 15 weeks; most customers buy two or more policies. Sales...