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DOL Denies Fast-Track OK for Whirlpool Benefits Captive for Retiree Health Care Funding
Jerry Geisel in Business Insurance 
Sept. 21, 2004
Excerpt: An unusual retiree health care benefits funding arrangement proposed by major appliance manufacturer Whirlpool Corp. that would use its captive insurance company, a tax-free trust and commercial life insurance does not qualify for fast-track approval, the U.S. Department of Labor has ruled.
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