General Motors is facing bankruptcy today and is looking for federal assistance to remain afloat. However, considering that part of the company’s financial woes stems from the generous benefits it has long provided to retired workers, many are critical of the company’s policies. Part of the assistance the company is looking for would continue to pay for what many deem “overly” generous group health insurance benefits to retired workers, especially in a world where so few retired people actually enjoy any benefits at all. Do you think that General Motors should get the assistance it seeks to continue providing these benefits, or should they be suspended in the name of saving the company millions and perhaps keeping it afloat?

This entry was posted on Monday, March 9th, 2009 at 12:03 pm and is filed under Employer Provided Health Insurance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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