DETROIT – In an effort to pare its operating cost structure, General Motors Corp. assigns members of its purchasing staff to evaluate the company’s health care programs. The auto maker says it is looking at ways to reduce the $4.2 billion spent annually on health care for its employees and retirees. Cutting health care costs is a top priority for the company, and progress is being made, says GM Chief Financial Officer John Devine. “We had a 9% run rate (for health care costs) for the ...
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