We hear of small companies struggling with insurance, well here's the story of a large company struggling and a class action lawsuit filed by employees for the cut backs resulting in loss of insurance for those promised lifetime health benefits to vested employees. BD 
The makers of John Deere machinery have provided the latest example of this travesty. In response, some 5,000 former employees of Deere & Co. filed a class action lawsuit this week demanding that company officials reset the clock to 2007 and restore health benefits that court papers say were drastically cut back this year. The lawsuit, filed in federal court in Des Moines, alleges Moline, Ill.-based Deere broke longtime promises to its employees when the company on Jan. 1 "eliminated, reduced and dramatically altered" benefits pledged under retiree health plans. Court papers say the company for more than 15 years promised lifetime health benefits to employees who vested in Deere & Co. pension plans, and Deere can't now back out of that deal.
Bleeding Heartland:: Yet another failure of employer-based health insurance
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