The Spark

“The emancipation of the working class will only be achieved by the working class itself.” — Karl Marx

GM grabs at retiree health

Jul 28, 2008

GM recently eliminated paid health care coverage for almost 200,000 retired salaried workers and their spouses, throwing the responsibility onto these retirees to pay for costs that Medicare will not pick up. This means that at least 20% of medical costs will now fall to each individual to pay.

Of course, the “experts” say that salaried retirees can afford this as long as they shop around for “the best deals.”

What BS! 20% of a hospital bill totaling $60,000 would come to $12,000! How is that affordable for any ordinary retiree?

It is truly a demonstration of whom all these companies and government agencies work for and serve – the rich and super-rich.

Otherwise, GM officials would be in jail for robbery!