Retirees get new options

Geisel, Jerry
March 2003
Business Insurance;3/31/2003, Vol. 37 Issue 13, p1
Bethlehem Steel Corp. is eliminating its retiree health care program, but more than 90,000 plan participants will have more coverage options in Bethlehem, Pennsylvania. Still, the cost of those plans will be, in many cases, much higher than the amount the retirees had been paying for eliminated health care programs. The extention of COBRA health insurance coverage was negotiated between Bethlehem and the United Steelworkers of America, but Bethlehem voluntarily agreed to make COBRA available to all retirees and not just union-represented retirees.


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