U.S. auto makers are seen taking big health cost hit; research shows it's the biggest bar to competitiveness. (University of Michigan Transportation Research Institute study)

National Underwriter Property & Casualty-Risk & Benefits Management, February, 1992 by Fisher, Mary Jane

U.S. Auto Makers Are Seen Taking Big Health Cost Hit WASHINGTON--Health care costs are the major public policy impediment to the U.S. auto industry's competitiveness, according to new research by the University of Michigan. "New studies show that for the "big three" auto manufacturers health care costs are much higher than had previously been thought," according to Rep.

Cardiss Collins, D-Ill., chairman of the House Energy and Commerce Subcommittee on Commerce, Consumer Protection and Competitiveness. "Health costs now account for almost $1,100 of each vehicle Chrysler, Ford and General Motors manufacture, instead of between $500 and $700 as had been previously calculated," she said in opening a subcommittee hearing on the impact of rising health care costs...

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