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Politics : Formerly About Advanced Micro Devices
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To: Alighieri who wrote (737879)9/8/2013 12:38:45 PM
From: bentway  Read Replies (1) of 1579125
 
<<"IBM didn't make this change to save money - it does not reduce our costs," a spokesman said.

Projections indicate that healthcare costs under IBM's current plans for Medicare-eligible retirees would triple by 2020, largely impacting retiree premiums and out-of-pocket costs for retirees, he said. With this move, he added, risks are spread across a much larger group in the private marketplace.>>
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