March 28, 2021

Private

Prospera in Honduras: A Private Tech City Now Open for Business

3 weeks ago

Renderings of plans for the city.

Source: Próspera

If you’re going to work remotely, Próspera is a nice place to do it. Located on Roatán, a tropical island off the coast of Honduras, it features a series of airy offices and communal outdoor spaces with ocean views. There are other real estate developments on the island, but Próspera is the only one with its own set of laws and governing system.

Próspera is the first project to gain approval from Honduras to start a privately governed charter city, under a national program started in 2013. It has its own constitution

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Indiana fires Miller, raises private money to cover buyout

1 month ago

Archie Miller’s $10.3 million buyout was one of college basketball’s priciest.

Indiana athletic director Scott Dolson decided keeping Miller would prove even more costly.

Dolson fired Miller on Monday, armed with enough cash from private donations to cover the buyout and ready to answer a fan base angered by four straight mediocre seasons.

“It’s a results-oriented business and I didn’t feel like we had made enough progress,” Dolson said on a late afternoon Zoom call. “I thought we needed a new voice and a new direction.”

The Hoosiers were already headed in the wrong direction before Miller arrived in March

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Private Insurance Wins in Democrats’ First Try at Expanding Health Coverage

1 month ago

Democrats spent much of the 2020 presidential primary debating the best way to expand public health insurance. They sparred over whether to enroll everyone in public coverage — the preferred policy of Sen. Bernie Sanders — or to give everyone a choice to do so, the public option plan that President Joe Biden supports.

The candidates repeatedly proposed a future in which private insurers play a diminished role in the U.S. health system — or no role at all.

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But the first major legislation of the Biden administration, if

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Private Insurance Wins in Democrats’ First Try at Expanding Health Coverage

1 month ago

Democrats spent much of the 2020 presidential primary debating the best way to expand public health insurance. They sparred over whether to enroll everyone in public coverage — the preferred policy of Senator Bernie Sanders — or to give everyone a choice to do so, the public option plan that President Biden supports.

The candidates repeatedly proposed a future in which private insurers play a diminished role in the American health system — or no role at all.

But the first major legislation of the Biden administration, if it passes in the Senate, moves in the opposite direction: It proposes

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Limiting Private Insurance Reimbursement to Medicare Rates Would Reduce Health Spending by About $350 Billion in 2021

2 months ago

The cost of health care is becoming less affordable for both privately insured individuals and employers who offer health insurance coverage. Long-standing concerns about high and rising health care costs in the United States have been recently exacerbated by the COVID-19 pandemic, which has increased financial pressure on many employers and individuals and led to record unemployment, furloughs and reduced wages. A large body of research has documented that private insurers pay higher prices than Medicare and that this gap is growing. Health care spending in the United States is nearly double the average amount spent by other high-income

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Private finance emerges as crypto’s next major growth catalyst

2 months ago

Long gone are cryptocurrency’s days as an obscure hub for experimental ventures in cryptography. 2020 marked a seminal year for the space, with cryptocurrencies taking major strides into the mainstream as governments, supranational organizations and corporate entities alike made significant entrances into an industry they collectively call the “digital asset space.” 

As per centralized authorities’ choice, cryptography and its primary feature, privacy, have been relegated from the front-and-center role they once played as cryptocurrency’s main attractions. In their place, a breadth of ever-more enticing DeFi applications has taken the limelight on the back of enhanced liquidity, yield farming and unprecedented

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