Professors Greer and Bullock detail DOL’s innovative approach
to improve outcomes and performance related to improper payments,
which is an area of operational risk that has been identified
as a legislative priority.
“By some estimates, taking out just nine critical electrical substations could plunge the whole nation into darkness,” says Jason Black, a researcher at Battelle Institute. This scenario, of course, keeps the leaders of the Federal Energy Regulatory Commission awake at night. What is their risk management strategy?
Flood insurance? Bank deposit insurance? Pension guarantees? Home loan guarantees? . . . No private sector business will take on some risks that the federal government agrees to bear on behalf of the broader society – at least not at an affordable price.
With the creation of the Defense Health Agency, DoD has taken a step in changing the way it delivers care. DHA is the starting point for comprehensive enterprise-wide reform. It is a leading example for how DoD will seek to modernize and integrate its system of care -- creating a stronger, better and more resilient military health system for the future.