To compete, some hedge funds are having to do the previously unthinkable and publish parts of their complex and valuable code. Man Group, for instance, has made its database for collecting vast quantities of trading data publicly available. The reason: computer scientists often prefer the more collaborative culture of academia or tech firms to the secrecy of hedge funds.
GOP Health Bill Jeopardizes Out-of-Pocket Caps in Employer Plans
Last-minute amendment would allow states to obtain waivers from certain Affordable Care Act requirements
The provision, part of a last-minute amendment, lets states obtain waivers from certain Affordable Care Act insurance regulations. Insurers in states that obtain the waivers could be freed from a regulation mandating that they cover 10 particular types of health services, among them maternity care, prescription drugs, mental health treatment and hospitalization... Under the House bill, large employers could choose the benefit requirements from any state—including those that are allowed to lower their benchmarks under a waiver, health analysts said. By choosing a waiver state, employers looking to lower their costs could impose lifetime limits and eliminate the out-of-pocket cost cap from their plans under the GOP legislation.A company wouldn’t have to do business in a state to choose that state’s benefits level, analysts said. The company could just choose a state to match no matter where it is based.