Current:Home > ScamsFastexy Exchange|Lawmakers seek health care and retirement protections for Steward Health Care workers -FutureFinance
Fastexy Exchange|Lawmakers seek health care and retirement protections for Steward Health Care workers
Will Sage Astor View
Date:2025-04-10 23:43:02
BOSTON (AP) — A group of Democratic members of Congress,Fastexy Exchange led by Sen. Edward Markey of Massachusetts, is seeking reassurances that workers at hospitals owned by Steward Health Care will have their health care and retirement benefits protected.
Steward last month said it plans to sell off all its hospitals after announcing that it filed for bankruptcy protection.
In a letter to acting Labor Secretary Julie Su on Monday, Markey said Steward’s bankruptcy “poses concerns for the nearly 30,000 workers including nearly 10,000 in Massachusetts, who rely on Steward Health Care for their paychecks, health care plans, and retirement benefits.”
“We write to ask that the U.S. Department of Labor ensure that Steward workers and retirees receive the health care and retirement benefits to which they are entitled. Workers and retirees must be protected from further harm resulting from Steward’s gross financial mismanagement,” Markey wrote.
Representatives of Steward did not immediately respond to an email seeking comment on what steps, if any, the company has taken to ensure workers receive their benefits.
The Dallas-based company, which operates more than 30 hospitals nationwide, has said it does not expect any interruptions in its hospitals’ day-to-day operations throughout the Chapter 11 process.
Markey said many workers who rely on Steward Health Care for their livelihood are already facing financial uncertainty and anxiety. In Massachusetts, he said, paychecks to Steward workers were delayed following the bankruptcy filing due to processing delays.
Markey and the other lawmakers are asking the Department of Labor to take steps to protect workers, including determining Steward’s plan for continuing benefits during bankruptcy as well as in the event of a facility’s closure or buyout and making sure health claims are paid throughout the bankruptcy process.
“Although the responsibility for this crisis rests exclusively on Steward and its corporate collaborators, a resolution to this crisis that protects workers, patients, and communities demands involvement and collaboration among federal, state, and local authorities,” Markey said in the letter.
In addition to Massachusetts, Steward employs workers in Arizona, Arkansas, Florida, Louisiana, Ohio, Pennsylvania and Texas.
The letter was also signed by Democratic Sens. Sherrod Brown of Ohio and John Fetterman of Pennsylvania and independent Sen. Bernie Sanders of Vermont. Democratic Reps. Ayanna Pressley, Stephen Lynch, James McGovern and Seth Moulton, all of Massachusetts, and Rep. Sheila Jackson Lee from Texas also signed the letter.
veryGood! (7769)
Related
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Don't Miss Cameron Diaz's Return to the Big Screen Alongside Jamie Foxx in Back in Action Trailer
- Hurricane-stricken Tampa Bay Rays to play 2025 season at Yankees’ spring training field in Tampa
- Tennessee suspect in dozens of rapes is convicted of producing images of child sex abuse
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Shel Talmy, produced hits by The Who, The Kinks and other 1960s British bands, dead at 87
- Atlanta man dies in shootout after police chase that also kills police dog
- Medical King recalls 222,000 adult bed assistance rails after one reported death
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- What Just Happened to the Idea of Progress?
Ranking
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- AI could help scale humanitarian responses. But it could also have big downsides
- 'Dangerous and unsanitary' conditions at Georgia jail violate Constitution, feds say
- Cruel Intentions' Brooke Lena Johnson Teases the Biggest Differences Between the Show and the 1999 Film
- See you latte: Starbucks plans to cut 30% of its menu
- The Daily Money: All about 'Doge.'
- Robert F. Kennedy Jr. has a long record of promoting anti-vaccine views
- New York races to revive Manhattan tolls intended to fight traffic before Trump can block them
Recommendation
Rylee Arnold Shares a Long
New York races to revive Manhattan tolls intended to fight traffic before Trump can block them
More than 150 pronghorns hit, killed on Colorado roads as animals sought shelter from snow
UFC 309: Jon Jones vs. Stipe Miocic fight card, odds, how to watch, date
Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
Reese Witherspoon's Daughter Ava Phillippe Introduces Adorable New Family Member
New Orleans marks with parade the 64th anniversary of 4 little girls integrating city schools
Inter Miami's MLS playoff failure sets stage for Messi's last act, Alexi Lalas says