Striking Pratt & Whitney workers may soon lose benefits
Starting Monday, more than 3,000 machinists at
The potential termination of the machinists' benefits was communicated to them in a
"Striking employees aren't eligible for pay or benefits," company officials said in their new statement. "However,
If the machinists lose their company-provided health insurance, they can switch to COBRA -- an option for continuing group health insurance for a limited time -- "under certain benefit plans at your own cost, at the current group annual rates," according to the
As an alternative to COBRA, union officials at the
Access Health CT officials confirmed Thursday that they had been contacted about assistance for the machinists. They said that there are no restrictions on striking workers signing up for plans through the marketplace, which has more than 153,000 enrollees this year.
"We have been contacted about
Several elected officials are also helping the machinists to find coverage through Access Health CT.
"We've been working to set up special health care enrollment fairs next week at union halls in
HUSKY refers to coverage that encompasses Medicaid and the
In addition to any coverage they might obtain through Access Health CT, machinists who perform eight hours of strike duties each week will be eligible to receive weekly checks from an IAM strike fund, according to union officials. A message left Thursday for the union to inquire about the amount of those payments was not immediately returned.
A week and a half into the strike, the company and the union do not appear to have resumed contract discussions. The strike started
"The union's negotiating committee stands ready to have substantive discussions with the company's negotiating team,"
The company's


Healey alerts health insurers
Striking Pratt & Whitney workers could soon lose health insurance
Advisor News
- Flourish brings private-bank-like cash solution to MassMutual’s network
- Majority of Americans concerned recent market highs are unsustainable
- GLP-1 users choose between medication and retirement saving
- Gen X and millennials seek new retirement model
- Are families ready for the costs of aging at home?
More Advisor NewsAnnuity News
- New class-action lawsuit targets Delaware Life over annuity disclosures
- A client remarried: Does their annuity still fit?
- Gen X and millennials seek new retirement model
- Global Atlantic names Dan Farrelly head of IMO and IBD channels
- A rising retirement challenge: The license to spend
More Annuity NewsHealth/Employee Benefits News
Life Insurance News