GM provides health benefits for a million people today — only a fraction of them actual workers.
These health-care expenses account for over $1,500 of the cost of every GM vehicle.
Common Observation: GM is no longer a car company that provides health benefits, but a health-care company that happens to make cars.
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Excerpted from WSJ, “What’s Good for GM Could Be Good for America”, Dec 2, 2008
http://online.wsj.com/article/SB122818153973071061.html
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