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Hedging programs save $40 B
Tested during a volatile fall, VA hedging programs proved 93% effective.

Exposing hospitals' forgotten liability
Hospitals have good reasons for booking IBNR for workers' comp.
Pension bill aims to give relief The drop in funding ratios prompts new legislation designed to ease the strain on employers and retirees.
—Pittsburgh Business Times, Jan. 5Health insurers protest $88.8 billion "hidden tax" Hospitals are taxed by the gap between government reimbursements and cost of services.
—Bloomberg.com, Dec. 9Easing of pension rules sought Can proposed legislation waiving the fully funded pension rule prevent anticipated shortfalls?
—Washington Post, Nov. 21



