HealthCare

UAW President Ron Gettelfinger is apparently done being pushed around by the domestic auto industry. Despite having given landmark cost-saving concessions on health care to both General Motors and Ford, Gettelfinger indicated to Reuters the same offer would not be extended to The Chrysler Group. ...

The Big 3 have been trying to shave their health care costs by cutting eligibility and the percentage of benefits for both retirees and current employees, but as it turns out, the three companies have found tens of thousands of people still receiving benefits despite their ineligibility. As a ...

The much ballyhooed meeting between domestic auto industry leaders and U.S. lawmakers came and went today, with the net-net being that the Capitol gang has pledged to work with the manufacturers 'as partners.' Rick Wagoner (General Motors Chair and CEO), Tom LaSorda (DaimlerChrysler President ...

General Motors has revised its first quarter earnings statement to show a profit of $445 million, rather than the $323 million reported earlier this month. GM says the change is based on conversations the company had with SEC regulators regarding whether or not it could write off the settlement ...

The district court case between the United Auto Workers and the Ford Motor Co. will have to go without Judge Anna Diggs Taylor. The judge has excused herself from the health care paring case, citing the fact that’s on the Henry Ford Health System’s board. The case has been handed over ...

George Reisman, professor of Economics at Pepperdine University and author of the book Capitalism: A Treatise on Economics, attempts to answer the question of where would General Motors* be today without the United Auto Workers. Some of his ten conclusions include:#1. GM management could fire ...

According to the International Herald Tribune, Michigan physicians, hospitals and medical insurers have noted an increase in the number of elective surgery requests since last year. Replacements for knees, hips and shoulders were up by 20 percent at the Henry Ford Health System alone.A little super ...

OK, the headline is crass, but it's true -- General Motors says it spends $17 million on erectile dysfunction drugs like Viagra and Cialis.  While it's a small chunk of the $5 billion the company spends on health care for 1.1-million salaried and retired employees plus their ...

Following hot on the heels of Chrysler’s health care cost restructuring, Ford has announced that it will begin charging an extra fee to employees who choose to cover their spouses on their own policy if they are able to be covered elsewhere. The extra cost will be $110/month for medical ...

As Chrysler spends nearly $2.3bil on health care costs per year, about $8K per worker, it was evident at the top level that changes to the system would have to be made. Those changes were announced yesterday and involve a sliding scale of out-of-pocket premium increases that’s based on each ...