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Article: Health care may not be the worst of GM worries.
- Article from:
- Detroit Free Press (Detroit, MI)
- Article date:
- April 30, 2005
CopyrightCOPYRIGHT 2005 Detroit Free Press. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Apr. 30--Health care, health care, health care.
For a company in the business of making and selling cars and trucks -- more of them than any other automaker in the world -- General Motors Corp. spends a lot of time talking about rising health-care costs. And blaming them, or prescription-drug costs, or America's 45 million uninsured people, or the lack of quality standards at hospitals, for much of GM's ills.
The reason, of course, is that GM provides health coverage to 1.1 million employees, retirees and dependents, more than any other company in the country. Its health-care cash tab last year was $5.2 billion and is expected to grow to $5.6 billion in ...