General Motors Will Offer New Insurance Option

General Motors recently announced that it will offer a new direct-to-employer lower-cost health insurance option next year for the nearly 24,000 salaried employees and their families who live in southeast Michigan.

The plan, called GM ConnectedCare, would cost employees $300 to $900 less in annual payroll contributions than the automaker's current cheapest plan.

ConnectedCare will be offered to salaried GM employees who live in the several counties where the health system has a concentration of clinics, hospitals and more than 3,000 doctors.

According to the Detroit Free Press, the plan's annual deductibles would match those of GM's least expensive plan right now, which are $1,500 for individuals and higher for families.