Today is July 22nd and the committee met with the Company on medical insurance. The Company is proposing only one carrier (BC/BS) with increases in premiums on medical that go to 15% for the 1st yr, 17% for the 2nd yr and 19% for the 3rd yr for employees cost on medical premiums for each year of the contract and 50% of employee cost of premiums on vision and dental with no increase of benefit coverage.
The Company stated that the employees have had no problems or complaints about our current insurance benefits. You told your committee this is a very important issue to you and now you need to let your managers know this is unacceptable.
