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Walgreens expected to announce health care switch to private plans
CBS News

Drugstore giant Walgreens is expected to announce Wednesday that it will move 160,000 thousand workers to private health care plans. It’s one of the largest employers to make that switch.

The move would be a switch to a fixed amount of money designated for each employee for health care. The change — like those in recent months at Sears, Darden Restaurants, IBM, Time Warner — is to protect the company against rising costs in the future.