Summaries of health policy coverage from major news organizations
Ford Pays Down Debt, Including To Workers’ Health Trust
The Associated Press: Ford is paying off debt by the billions - $2 billion in the third quarter and as much as $3.6 billion by Friday. "Ford is about to pay off its debt to the United Auto Workers health care trust. The UAW agreed to the trust in 2007, and it began paying health care benefits for 195,000 Ford retirees and spouses in January. Chrysler still owes $3.9 billion to the trust, while GM owes $2.5 billion, plus shares in both their companies once they go public" (Durbin and Krisher, 10/26).
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