Tail

In statistics, the tail is the end of a distribution, where the rare and expensive outcomes sit. Small in count, large in cost, and usually left out of the average. These are stories in progress: a company, a filing, or a risk worth watching, followed while it is still moving.

Tail

Half-caf, no whip: Starbucks drops GLP-1 coverage for weight loss

Some employers pay claims. Some buy insurance. An autopsy built entirely from public records.

Tail

$250 million, 8% attrition, and the case study nobody has run

Bank of America covers GLP-1s for 132,000 employees and calls it an investment rather than a saving. Its filings go back fourteen years, its turnover runs at a third of its sector's rate, and whether those two facts are connected is nobody outside the company can answer.