The plan would transition Medicare from a defined-benefit system, in which the government is on the hook for whatever services seniors desire, to a defined-contribution system, in which the government pays out a dollar amount for health services, growing with inflation, incentivizing all participants in the system to prioritize health spending to those services that are most valuable.
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Our days were governed by an extraordinarily complex but well-defined scheduling system.
The New York Independent System Operator has defined short-term energy storage devices like flywheels and batteries as frequency regulators, allowing them to participate in regulated markets.
If we migrate Medicare over to a defined-contribution system, with the popular Medicare Advantage program as the backbone, we can get a lot closer to making sure that Medicare is still around when the next generation retires.
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He reckons that privatisation, which is a transfer of property rights, is not only meaningless but positively counter-productive in a system that has not yet defined these rights adequately.
Consultants may also be technical experts , who are brought in to develop or install a system, conduct training on a particular subject, or solve a well-defined problem.
In a presentation at the Black Hat and Defcon security conference in July, for instance, French security researcher Andre Costin presented vulnerabilities in the next-generation air traffic control system known as ADS-B that he said would allow a hacker with a software-defined radio to track and even spoof planes in the sky, potentially creating dangerous distractions for pilots.
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"Off-the-shelf" software will be tested to ensure that it meets core financial system requirements as defined in the Core Financial System Requirements document published by JFMIP.
But he spent three years reverse engineering the flight navigation software that receives ACARS signals to find bugs that allowed him to send his own commands to the systems, either from a software-defined radio that can be tuned to use ACARS or from a compromised airline system.
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