09 | 15 | 2005
What Do General Motors and Starbucks Have In Common?
Answer: the cost of health care for their employees.
It has been widely reported that the cost of health care for General Motors employees last year was more than it spent on steel. Now comes a report that Starbucks will spend more on health insurance for its employees this year than on raw materials needed to brew its coffee.
Something to think about as you drive your Trailblazer over to Starbucks for a Venti No Foam Caramel Macchiato.
Source: MSNBC as reported by Blue Cross Blue Shield.