Whirlpool

Whirlpool tries to cheat Maytag retirees out of their health benefits

Another failure of employer-based health insurance

If you were negotiating an employment agreement, you might consider taking an outstanding benefits package in exchange for a lower starting salary or a wage freeze. How would you feel if many years later, in retirement, some of those benefits were taken away from you?

About 3,000 former Maytag workers and family members have received letters from Whirlpool this week informing them that they are about to get cheated.

The sad fact is that under our system there is an enormous incentive to cheat workers. Canadian companies don't have this problem.