David Robb Labor EditorSAG-AFTRA Health Plan CEO Michael Estrada on Tuesday described the “perfect storm” of soaring health care costs, employer contributions to the plan that have failed to keep up with those costs, and the devastating impact of the coronavirus shutdown on those contributions that made a complete overhaul necessary to keep the plan from going broke by 2024.Changes to the plan, which include increased eligibility thresholds for many, and higher premiums for all, will go into effect on January 1, 2021, and are projected to put the deficit-plagued plan back in the black by 2022.
Actuaries estimate that under the changes, the plan will run a surplus of $26 million that year, and a $53 million surplus in 2023.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.