SAG-AFTRA Health Plan Trustees Say Employer Contributions Haven’t Kept Up With Soaring Health Care Costs
deadline.comDavid Robb Labor EditorEXCLUSIVE: Representatives of trustees of the SAG-AFTRA Health Plan have told members in a series of Zoom conferences that employer contributions to the Plan and participant premiums have not kept up with the skyrocketing cost of providing health care coverage to some 33,000 participants and their 32,000 family members.
Facing projected deficits of $141 million this year and $83 million next year, the restructuring of the Plan’s earnings qualifications thresholds is expected see some 10% of the participants, and 9% of their family members, dropped from coverage next year.During a Zoom conference Friday, Plan CEO Michael Estrada explained that the Plan is referred to as a “Robin Hood” benefits plan because “thee higher.
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