Your Money Or Your Life

GM is shifting part of its health-care bill to white-collar workers

"As long as you have your health . . . " a familiar saying declares. But white-collar employees of General Motors who want to be certain of their health will soon have to ante up for it themselves. GM, having spent more than $3.4 billion on health care for its employees last year -- or $900 per vehicle -- has decided to apply the brakes. Last week 100,000 office-level employees at the company's finance unit and its U.S. car and truck division received memos informing them that they will be asked to pay a monthly premium of as yet unrevealed size...

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