Ford Motor Co may shift billions of dollars of health care obligations for retired hourly workers to a trust fund overseen by the United Auto Workers union in 2010, a federal judge ruled on Friday.
The last time Washington tried to fix health care, powerful industry interests scuttled the Clinton Administration's initiative as Big Pharma, managed care, doctors, and employers all scrambled to protect their turf.
Ford Motor Co. says a federal judge has approved a trust fund set up by the automaker and the United Auto Workers that will pay retiree health care bills for union members.
