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June 13, 2007
Big Three Automakers Might Establish Independent Health Insurance Fund
General Motors, Ford Motor and Chrysler might establish an independent health insurance fund to reduce their combined $114 billion in future retiree health care obligations, according to five individuals familiar with the discussions, Bloomberg/Detroit News reports. The companies would contribute to the fund to cover the cost of health benefits for United Auto Workers retirees. [click link for
From Big Three Automakers Might Establish Independent Health Insurance Fund
Posted by Alex at June 13, 2007 10:26 AM
