GM is cutting back on cost again by ceaseing to provide health care coverage for more than 100,000 retirees and their dependents. GM which spent $3.3 billion on retiree health coverage in 2007 is looking for ways to reduce spending. They are offering retirees and their dependents a $300 deduction to their monthly pension checks to purchase insurance. Retirees who are lookin for a less costly plans must research and contact those companies themselves.
http://www.kaisernetwork.org/daily_reports/rep_index.cfm?DR_ID=54951
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