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GM Replacing Traditional Health Plan for Some Retirees
Business Insurance; free registration required Link to more items from this source
Oct. 22, 2009
Excerpt: General Motors Corp. will replace its traditional health care plan for salaried retirees younger than 65 with a consumer-driven health plan linked to health savings accounts effective Jan. 1, 2010. Under the new arrangement, posted on a GM retiree Web site, the annual deductible will be $2,500 for individual coverage and $5,000 for family coverage. The maximum annual out-of-pocket expense will be $3,500 for individuals and $7,000 for families.

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