Philadelphia-area nursing home staffers facing big financial hits from ownership changes - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
June 22, 2018 Newswires
Share
Share
Post
Email

Philadelphia-area nursing home staffers facing big financial hits from ownership changes

Philly.com

June 22--The new owners of former Genesis Healthcare facilities, Somerton Center in Philadelphia and Garden Springs Center in Willow Grove, are attempting to impose steep pay and benefit reductions on dietary, housekeeping, and laundry workers, SEIU Healthcare Pennsylvania said Thursday.

When Vita Healthcare Group of Lakewood, N.J., bought the former Genesis nursing homes June 1, it put pay caps in place that amount to an $11,000 annual pay cut for some veteran employees, and it plans to increase the amount deducted every two weeks for family health insurance, including dental and vision, to $565 from $229 starting July 1, the union said.

Representatives of Vita, which owned four nursing homes including Luther Woods in Hatboro before acquiring the two Genesis sites, did not respond to messages left at Garden Springs and Somerton Center, as well as at its New Jersey headquarters.

When Saber Healthcare Group, based near Cleveland, acquired the operations of Langhorne Gardens Nursing & Rehabilitation Center and nine other Pennsylvania nursing homes from Oak Health & Rehabilitation Centers Inc. this year, it increased health insurance deductibles from $500 for an individual and $1,000 for a family to $5,000 for an individual and $10,000 for families, SEIU Healthcare Pennsylvania said.

An employee at Statesman Nursing & Rehabilitation of Middletown, Bucks County, also now operated by Saber, also said biweekly contributions for health insurance had soared from nothing to more than $500 under a contract with a different union, Local 1360 of the United Food and Commercial Workers.

___

(c)2018 Philly.com

Visit Philly.com at www.philly.com

Distributed by Tribune Content Agency, LLC.

Older

South Florida’s 3 Obamacare providers file proposals to return in 2019

Newer

NYC developer planning $2 million townhouses on South Broad and Fitzwater Streets

Advisor News

  • Americans aren’t turning retirement plans into action, LIMRA finds
  • Ashley Hinson ‘death tax’ story collides with truth
  • How advisors can prepare clients for an uncertain retirement landscape
  • Investors aren’t waiting out uncertainty
  • Transamerica and Advo(k)ate Advisors launch pooled employer plan
More Advisor News

Annuity News

  • Investigation finds deceptive sales, churning of annuities targeting postal workers
  • Corebridge annuity sales slip ahead of Equitable marriage
  • California teachers settle class-action lawsuit over in-plan annuity fees
  • Jackson Financial CEO caps 40-year career with blockbuster Q2
  • Lumos Insurance introduces the Immediate Care Plan to help families fund long-term care
More Annuity News

Health/Employee Benefits News

  • Commissioner rejects proposed rate increase from Fallon Community Health Plan, re-negotiated seven proposals to save $72 million for 670,000 residents
  • Medicaid insurers' contracts on line in tight Iowa governor's race
  • Ashley Hinson unveils insurance transparency bill amid scrutiny of record
  • California nearly achieved universal healthcare. Now, millions are losing coverage
  • Oregon poised to adopt double-digit health insurance premium hikes in 2027
More Health/Employee Benefits News

Life Insurance News

  • Indiana eyes more oversight of insurance companies' exposure to private credit
  • HEALEY-DRISCOLL ADMINISTRATION RETURNS $14.5 MILLION TO HEALTH AND DENTAL INSURANCE CONSUMERS AND BUSINESSES
  • ‘Uniquely positioned’: Equitable outlines future post-Corebridge merger
  • Don't keep checks with clerical errors
  • The insurance distributor that builds its own software will win the next decade
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Royal Neighbors Unveils Its 2026 Scholarship Recipients 2026 Royal Neighbors Scholars Making a Difference Across the Country
  • Ibexis Announces Expanded Bank Relationships and New Index Options for FIA Plus® and WealthDefender® Series
  • Agent Review Launches Video AI Identity Verification to Help Protect Insurance Professionals, Consumers and Public Trust
  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet