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Health Care - Health Care Meltdown

"To stay competitive with low-wage, low-benefits Wal-Marts moving into Southern California, Safeway and other supermarket chains earlier this year tried to persuade their unionized employees to start contributing toward their health care benefits. Paying 100 percent of workers’ health care bills, the employers argued, was just too much. The request drew a resounding “no” from the union, and the employees promptly went on strike. The strike cost the supermarkets millions of dollars in lost sales, causing them to bend and agree to insulate current employees from the rising costs of health care for the next two years...."
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Source: Chief Executive Magazine May 2004

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