Contents
Cover Story 
Skyrocketing health care costs are causing Premium Shock for members and employers. The IAM Journal looks at what's causing the increases and what can be done to change America's health care system.
«What's Driving Up Health Care Costs?
«Battle Lines Are Being Drawn
«Negotiating Across a Continental Divide
«Leapfrog The Competition
«Malignancy of the McCarran Act

Commentary from IP Tom Buffenbarger
"Today, the premium shocks administered by health insurance companies to their best customers are a massive drag on a depressed economy."

Interview with Nancy Pelosi           
The new Democratic Leader of the U.S. House of Representatives talks about creating jobs and finding solutions to rising health care costs.


Trade Deals Fuel Record Deficits
America's trade deficit hit a record high last year thanks to misguided free trade agreements like NAFTA. Now they want to expand NAFTA with the Free Trade Area of the Americas.

A Roadmap For New Initiatives
Eight years ago, the IAM created the first of three Blue Ribbon Commissions. The first two commissions became a blueprint for innovative change within the IAM. The report from the most recent commission is expected to do the same.


Going to the Mat With General Electric
The IAM opens negotiations with General Electric Corporation. Health care costs, job security and pension protection tops the list of members' concerns.

IAM Scholarship Winners
Winners of the 2003 IAM Scholarship Competition.

IAM Scholarship 2004 Guidelines
Information about the 2004 Competition.

Noteworthy
Workers Memorial Service Honors Fallen Members
IAM Mourns Union Leader Bill Hubbell
Machinists March on Maytag to Keep Jobs in USA
Victory Near at Taylor Machine

Transportation
Snow Job: CEO Taps into Treasury
U.S. Airlines: Here Today,Here Tomorrow
Solving Mysteries at the NTSB

Aerospace
"Grow Kansas" Campaigns for Jobs
No Slowdown for Defense CEO Pay

IAM Photo Contest
How would you like to see one of your photographs in the 2004 IAM Calendar? Or maybe win a cash prize? This is your chance. The IAM repeats its members-only photography contest this year, and you are invited to take part.