TITLE

Whirlpool boosts retiree copay

AUTHOR(S)
Reynolds, Allison
PUB. DATE
June 2003
SOURCE
Business Insurance;6/23/2003, Vol. 37 Issue 25, p4
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Benton Harbor, Michigan-based Whirlpool Corp. is redesigning its retiree health care program to sharply limit its exposure to rising costs, while ensuring that retirees continue to have coverage. The plan, which strongly resembles a pioneering program of computer company, IBM Corp. launched in 1999, reflects the growing trend of companies to rein in their once open-ended retiree plan obligations by putting finite limits on corporate contributions to these plans.
ACCESSION #
10174608

 

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