[lbo-talk] Health insurance lessons from Massacbusetts

Doug Henwood dhenwood at panix.com
Sun Oct 14 06:43:43 PDT 2007


On Oct 14, 2007, at 9:29 AM, ken hanly wrote:


> The lesson to be learned from all this is that the US
> is a failed state as far as affordable health care is
> concerned and that it shows no sign of being able to
> remedy that fact. The auto union for example
> seemscontent to let their health costs fall upon the
> union rather than campaigning for a universal plan.

Worse, the UAW-GM health scheme may well run short of money - GM endowed it with 70% of its projected obligations, and the assumptions on health care inflation are low. So if/when the plan goes broke, the union will take the heat.

Doug



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