Word: employeees
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Over the next month, the task force rammed through an odd-looking arrangement: The government would put up the money. The UAW's Voluntary Employee Beneficiary Association (VEBA) - a trust set up at Chrysler and other U.S. carmakers to shift retiree health-care obligations off company books - would own a...
Mohamed, the Scottish real estate broker, is thinking of leaving too. His company is declaring bankruptcy, he says, and security guards recently prevented him from removing furniture from his office because of a rent dispute with the landlord. A local bank keeps calling to ask for the whereabouts of a...
And the payoff for employers? Virgin HealthMiles CEO Chris Boyce says he has seen his company's programs, at about $2.50 a month per employee, cut health-care claims to as much as one-sixth their cost. On average, according to a nonprofit research group called the Wellness Councils of...
Coburn, a practicing physician, disputes Blendon's analysis of his bill. "In the vast majority of cases, our credit will more than cover an employee's share of a health plan's cost, which is about a third of a plan's total cost, or $4,000," Coburn says. The...
His example, though, was apparently not much of a deterrent. In 2002, Archives employee Shawn Aubitz was sentenced to 21 months in prison for stealing, among other documents, 71 pardons signed by 10 presidents. Virginia antiques dealer Howard Harner got two years in 2005 for walking off with more than...