Off-Topic: NOT THAT BAD

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	Name:	GoneFishin -
	Subject:	NOT THAT BAD
	Date:	10/5/2010 9:04:44 PM

It is not that bad. 3M will provide money for the individual to buy their own coverage. This is the conservative's approach of take responsibilty for your own coverage. McCain was pushing a similar plan. The following is part of an article in the WSJ:

The St. Paul, Minn., manufacturing conglomerate notified employees on Friday that it would change retiree benefits both for those who are too young to qualify for Medicare and for those who qualify for the Medicare program. Both groups will get an unspecified health reimbursement instead of having access to a company-sponsored health plan.

“As you know, the recently enacted health care reform law has fundamentally changed the health care insurance market,” the memo said. “Health care options in the marketplace have improved, and readily available individual insurance plans in the Medicare marketplace provide benefits more tailored to retirees’ personal needs often at lower costs than what they pay for retiree medical coverage through 3M.