Some of their proposed design changes strayed far from the original CLASS design, which would have made it possible for nearly everyone who worked to enroll, included a premium subsidy for students and others with low incomes, charged a fixed premium, and paid a lifetime benefit for those who were unable to care for theselves.

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It sounds like the system will evolve into one where the government signs off on a certain premium increase every year, then a fixed amount of the premium is spent, no more or less.

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Most convertible securities allow the buyer to convert into common stock at a fixed conversion price set at a modest premium to wherever the common is trading at the time the convertible security is issued.

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Prior to this increase, the highest income earners paid a fixed dollar amount that roughly corresponded to a prepaid premium for Medicare coverage.

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It calls for offering senior citizens a choice between traditional fee-for-service Medicare and a premium support system that would provide a fixed government payment to help them buy private health insurance.

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Goldman has made an offer to buy back the warrants from holders for a 10% premium on their purchase price, plus a fixed payment to cover broker fees.

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Offering a fixed 50mm focal length and extra-bright F1.4 aperture, the premium lens is an ideal choice for quality-critical portraiture and low-light shooting.

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Bear is more exposed than its peers to a slowdown in fixed-income markets but its shares are now trading at an invitingly small premium to book value.

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Treasury bond prices have been selling at a premium over the last several weeks as investors rotate out of equities and into fixed income.

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