A disciplinary discussion between a management official who has authority to take disciplinary action and his/her employee in which the employee is informed that he/she has been disciplined by receipt of an oral admonishment. It is a disciplinary action which is not an adverse action. It is informal and the...
An employer can be financially responsible for the sexual harassment of employees by supervisors. This article suggests employers to take a look at their current sexual harassment policy statement to see if it fits the new legal landscape and because it is a beginning point to their defense strategy. This...
This paper evaluates the extent of adverse selection in life insurance and annuities in international markets. We examine the extent of adverse selection in group and individual life insurance. In addition we also compare results with prior analyses of adverse selection in international annuity markets, focusing on the US.Our results...
The nation's largest provider of broadband services had been experiencing failures of a critical E911 system during implementation. This had led to adverse legal and regulatory action. It needed Protiviti to design and execute a comprehensive test program to prevent failures from reaching production. The Protiviti team: identified critical deficiencies...
An adverse event can be defined as "An unintended injury caused by medical management rather than a disease process, resulting in death, life threatening illness, disability at the time of discharge, admission to hospital, or prolongation of hospital stay." A medical or surgical misadventure is an adverse event that might...
The FDA in May posted to its web site new serious adverse reaction data that were added March 17 by Merck to the labeling of its Cox-2 arthritis drug Vioxx rofecoxib. The adverse reactions have a reported incidence of less than one percent. Earlier, after Merck had already revised Vioxx's...
An employee who was the subject of a workplace prank that was sexual in nature could not show that a subsequent adverse employment action—a poor performance review that resulted in denial of an expected raise—was in retaliation for her complaint about the harassing episode. That was the decision of the...
An employee who was the subject of a workplace prank that was sexual in nature could not show that a subsequent adverse employment action—a poor performance review that resulted in denial of an expected raise—was in retaliation for her complaint about the harassing episode. That was the decision of the...
Retrospective studies of hospital case records in the United States and Australia have shown a substantial rate of adverse events, defined as unintended injuries caused by medical management rather than the disease process. The Harvard medical practice study found that 3.7% of hospital admissions led to adverse events. In 70%...
At the Food and Drug Administration's request, Glaxo Wellcome has issued an updated safety warning to healthcare providers for Relenza zanamivir for inhalation, approved for the treatment of uncomplicated acute illness due to influenza virus. The action follows reports of serious respiratory adverse events in patients with or without known...
A risk is something that may happen and if it does, will have an adverse impact on the project. A few points here - "that may happen" implies a probability of less then 100%. If it has a probability of 100% - in other words it will happen - it...
This paper examines the results of large-scale randomized trials in pre reproved credit card solicitations for direct evidence of adverse selection. Four basic conclusions are reached. First, there is clear evidence of adverse selection on observable information, Second, comparing the customer pools resulting from different offers, Third, evidence of adverse...
INDIANAPOLIS -- Guidant Corporation (NYSE:GDT) said today it is voluntarily advising physicians about important safety information regarding certain devices. Guidant apprised FDA of this action, and FDA may classify this action as a recall. This communication advises physicians and their patients of safety information and is intended to limit adverse...
Theoretical models predict asymmetric information in health insurance markets may generate inefficient outcomes due to adverse selection and moral hazard. However, previous empirical research has found it difficult to disentangle adverse selection from moral hazard in health care. The authors empirically study this question by using data from the Health...
With hundreds of patients suffering harm from adverse medical events every day, Pennsylvania decided it was time to take action and treat the problem. So the state's Patient Safety Authority looked to EDS' IT expertise to build the most comprehensive patient safety reporting system in the nation. Unlike clerical errors,...
Adverse Event Reporting News is devoted exclusively to coverage of Food and Drug Administration FDA and European Union EU requirements involving the reporting of adverse reactions with human drugs, biologics such as vaccines, medical devises, a Adverse Event Reporting News is devoted exclusively to coverage of...
This paper investigates a possible predictor of adverse selection problems in unsubsidized "standalone" prescription drug insurance: the persistence of an individual's high spending over multiple years. Using MEDSTAT claims data and data from the Medicare Survey of Current Beneficiaries, the paper finds that persistence is much higher for outpatient drug...
This paper evaluates the extent of adverse selection in life insurance and annuities in international markets, for both group and individual products. The results help assess the extent to which life insurers can hedge mortality exposure by writing both life insurance and annuities, and they may be used to determine...
This article is about Merger agreements which normally provide MAC Material Adverse Changes protections for the buyer and sometimes for the target as well. The merger agreement typically is drafted to permit one or either party to terminate the transaction if a MAC has occurred with respect to the...
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