CHCWCambridge History of the Cold War (publication)
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Although CHCW has done quite well with its equity investments, Havlisch was concerned over recent passage of balanced budget legislation, which cuts back reimbursement for Medicare patients.
To relieve the anxiety, CHCW turned to its insurer, Zurich.
In other words, CHCW avoids having to sell underperforming equities to cover large self-insured losses.