Rx Medicare

General Motors on Tuesday announced that it will stop providing health care coverage for retired salaried employees who are younger than age 65 and qualify for Medicare, Dow Jones reports (Terlep, Dow Jones, 2/11). The company will provide retirees who lose their coverage with a $260 monthly medical expense credit to help pay for qualified expenses such as premiums, deductibles and copayments.

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Tags: benefits, care, easing, eligible, health, medicare, reducing, retired, salaried, workers, younger

This entry was posted on Monday, February 16th, 2009 at 8:02 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.