** Private ** wrote: > http://www.boston.com/news/globe/editorial_opinion/oped/articles/2005/06/16/gms_healthcare_dilemma/
I think http://www.washingtonpost.com/wp-dyn/articles/A64599-2005Apr18.html provides a much better description of the economics. I think it is fair to say that GMs OPED healthcare obligations are an insurance contract that they have been very careful not to call an insurance because then it would be regulated. Anyway, GMs failure to put it obligations on the balance sheet for 50 years (seems like a hot topic these days) is not an indication of a systemic failure in the healthcare system. Jochem ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:274599 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
