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Expansion and diversification of medical education in Australia, 1951-2000.

Australia's present diverse and dynamic medical education environment has been shaped by: university funding increases by governments in the 1960s and 70s to promote Australia as a "clever" country; the Karmel Report's recommendations of increases in student numbers, new medical schools and a community focus for medical education; the successful innovations in entrance requirements and curricula of the most recent medical schools -Newcastle and Flinders; the formation of the Australian Medical Council, with a mandate to replace the British General Medical Council's accreditation of and restrictions on Australian medical school courses; the Doherty Report, which identified the close relationship between medical education, funding and workforce issues; the change to graduate entry and a four-year course for several Australian medical schools; and changing patterns of healthcare delivery, the imperative for increasing access to healthcare in rural areas, and the communication revolution made possible by information technology.

Australia↗

Pension plans drift toward diversification.

Following New Jersey's seizure of Mutual Benefit Life Insurance Co. last summer, hospital associations have begun revamping their pension offerings, in some cases steering away from venerable, fixed-income insurance products and into diversified plans such as stock funds, which may offer better returns. But insurer-based plans remain a favorite as many programs stay on the conservative course.

Insurance Carriers↗