While some people desperate for coverage will need no persuading to sign up, for others the decision will amount to a series of complicated calculations that would challenge an accounting whiz, let alone an ordinary human: Are the new plans less expensive or more generous than existing ones?
An obstacle is the program's steep premiums, which range from $140 to $900 depending on an applicant's age and location, and its requirement that people be uninsured for six months before applying (though the PCIP is still less expensive and more generous than existing high-risk pools operating in 35 states).
Gina Pagnotta, who heads a union representing some of Atlanta's municipal employees, says "new employees will really be crucified", but that is only by the generous standards of existing public-sector pensions.In this section A sign of things to come?
Earlier this year, the company said it was experimenting with different pricing tiers, adding that it hadn't settled on anything and that there would be "generous grandfathering" for existing members.
Gripes include the size of fund fees - a target of 0.5% is proposed - and fears that existing, more generous schemes will be watered down to match the government's suggested 3% contribution from the employer.
HYIPs can afford to pay such generous returns by paying out existing depositors with funds obtained from new customers.
Mrs. Clinton, generally speaking, wants to expand existing government programs and, in the process, provide more generous benefits than Mr. Lazio would.
"If we do make pricing changes for new members, existing members would get generous grandfathering of their existing plans and prices, so there would be no material near-term revenue increase from moving to this potential broader set of options," said Netflix in its quarterly statement.
The existing one was relatively generous to creditors and shareholders, leaving the latter with a stake in the merged carrier.
