TESTIMONIALS FROM SATISFIED CLIENTS
VEBAHealthCare.com
                                                         A VEBA Plan LLC site

National Office
516-938-5007
or
516-935-7346

Lawallach@aol.com

Letter to Lance Wallach from Ford Motor benefits representative:

Dear Mr. Wallach,

It as a pleasure speaking with you  this afternoon. I appreciate the time you spent
listening and the giving of your advice.

Next week, we, a small splinter union (IAM)  within a large Ford Motor facility, at
Cleveland Casting Plant will be negotiating our contract. This site is mostly
represented
by the UAW who have already consummated their contract with Ford Motor Company,
and has accepted the VEBA option for their retirees. Their VEBA will be run by the
UAW and whoever they decide to confide in to execute the health care benefit and the
investments with the millions that Ford Motor will hand over to them, and then Ford
willwash their hands of any more health care responsibilities. Our IAM negotiations
start Jan. 14th. The small group of individuals that will be across
the table from the experts representing Ford Motor, are comprised of a few elected
people that are Pattern Maker/Machinist by trade. We have no one of any particular
expertise in finance, healthcare, or investment. We are expected to come to terms
with little, to no knowledge or leverage of the task set before us. We have 1300
people's lives that will be affected by these negotiations. It is a shame that the larger
unions will not step up to the plate and help with the terms that we are faced with.
Ford Motor will use this to their advantage to squeeze a few more dollars out of our
pockets.

Thank you again for your generous contribution of foresight and knowledge to the
concerns facing the American workers in this globalistic battle for the bottom line.

Sincerely,
Mark A. Gwynn
IAM Benefits Rep.
Ford Motor
Cleveland Casting Plant



Even the Government seeks Lance Wallach's expertise:

"Mr. Wallach, thanks so much for taking the time to talk to me today about VEBAs.  
Any information you can send me would be helpful.  Hopefully, we can work together
in the future as interest in VEBAs increase."

Corman G. Franklin
Office of the Assistant Secretary for Policy
U.S. Department of Labor




Mr. Wallach,
Thank you so much.  I will read this material and if I have any questions I will call.  I do
have one very important question that comes to mind - Have you ever seen a VEBA
go bad and if so, how could it have been prevented?  I know like some mutual funds
do not last and if this program is based on investment, there is a very real possibility
that the funds could loose significant amounts.  Is there a safe guard to this problem?


Dixie Price
U.A.W. Communication Coordinator
270.745.8141
U.A.W. Local 2164                           
712 Plum Springs Loop                 
Bowling Green, KY  42101      
 
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Mr. Wallach, thanks so much for taking the time to talk to me today about VEBAs.  Any information you can
send me would be helpful.  Hopefully, we can work together in the future as interest in VEBAs increase.

Corman G. Franklin

Office of the Assistant Secretary for Policy

U.S. Department of Labor

202-603-5097


Lance Wallach
68 Keswick Lane
Plainview, NY 11803
Ph.: (516)938-5007
Fax: (516)938-6330 www.vebaplan.com