The subsample regressions show that these premiums are more likely to result from the provision of implicit insurance or flexibility in renegotiation by the inside bank and that they are more significant for firms whose inside banks are larger, those with a lower capital to asset ratio, or those in more concentrated loan markets.
As the voice of industry, AHIP's web site boldly describes its goals "to provide a unified voice for the health care financing industry, to expand access to high quality, cost effective health care to all Americans, and to ensure Americans' financial security through robust insurance markets, product flexibility and innovation, and an abundance of consumer choice".
He added that Mr. Lagos would also work to introduce unemployment insurance, "which should allow flexibility and mobility in the labor market while protecting poor families".
At Facebook, which was facing the collapse on Wall Street and a shriveling ad market, "this seemed like an opportunity for us to create insurance and long-term flexibility" while letting early employees cash out, said Vaughan Smith, head of corporate development.
She said Maine's experience with insurance exchanges to create more flexibility for consumers had persuaded her that for less-populated states, the exchanges had to extend beyond state borders.
Tightened constraints over time may increase life cycle cost due to mandated replacement and repair costs, larger insurance premiums, or less operational flexibility.
During the recent recovery, the growth has been in lower wage jobs, traditionally those that lack benefits or regular schedules or access to flexibility or health insurance.
It would also change unemployment insurance by giving states greater flexibility to move people into jobs and provide more access to special education and mental or physical therapy for disabled children.
Show them your flexibility as an insurance agent.
Pension funds and insurance companies no longer have the flexibility, while hedge funds are facing tighter funding and the prospect of redemptions.
And the insurance industry will lobby heavily for more flexibility to offer limited benefits even after 2014.
