Healthcare risks grow as retirees face limits
Hartford Courant, February 11, 2008
Along with rising healthcare costs, workers need to plan for higher risks associated with financing their care in retirement, experts say. U.S. automakers have already offloaded their retiree healthcare liability by funding special trusts managed by the United Auto Workers union. Investment gains and workers' own cost containment will determine whether money will be there to meet retirees' needs. elephone and utility workers could be the next wave of these arrangements.
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