Exact(6)
Competitors say A.I.G. is holding on to customers by cutting premium rates to unreasonable levels.
To avoid cutting premium subsidies for low-income people, Mr. Waxman said, Democrats found additional savings elsewhere.
The new chief executive drew criticism from staff for saying he would be changing the company's pay and pension scheme, cutting premium pay for Sundays.
A similar dispute is simmering at Marks & Spencer, which reduced the earnings of about 10% of its shop-floor workers by cutting premium payments for those working antisocial hours in July.
But the new chief executive, who took the top job after nearly 30 years at M&S, has already faced criticism over changes to pay and pensions for shop workers including cutting premium pay for Sundays.
The company, which paid out £360m of "surplus cash" to shareholders last year in special dividends and share buybacks, has also come under fire for pushing long-serving workers into new contracts cutting premium pay for working on Sundays.
Similar(54)
Group Health Inc. of New York has a "catastrophic care" option that covers hospitalization only and no routine care, cutting premiums by about two-thirds.
In cutting premiums to attract employers and patients, in chipping away at excess and in wringing discounts from its physicians, hospitals and drug companies, H.M.O.'s have produced scant evidence that care itself is actually managed, or that the health plans' customers are any healthier.
Social insurance tries to make that problem go away by, say, cutting premiums that insurers can collect from sick people.
Modray warns it is likely news of his departure would spark a sell-off, cutting the premium on the shares – or even putting them to a discount.
Independent Health, one of the largest health plans in western New York, said it was cutting the premium for its most popular Medicare plan by half, to $21 a month from $42.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com