Health care cost is problem for all; we must solve it

November 2004
Automotive News;11/15/2004, Vol. 79 Issue 6121, p12
Trade Publication
This article focuses on the problem of the growing cost of health care. It's wrong that some Americans are uninsured or underinsured. And it's wrong that the cost of providing health care coverage for employees has become a major competitive disadvantage for some manufacturers. There are fabulous new drugs and therapies to do things that were miracles a generation ago. That's wonderful, but much of the expense is borne by companies that pay directly for their own employees and indirectly for those people without insurance who must rely on the charity of hospitals. New American manufacturers with young, healthy workers and no retirees might view this as a Big 3 problem that gives them a competitive advantage.


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