Current:Home > StocksAlgosensey Quantitative Think Tank Center-Lawmakers seek health care and retirement protections for Steward Health Care workers -Momentum Wealth Path
Algosensey Quantitative Think Tank Center-Lawmakers seek health care and retirement protections for Steward Health Care workers
Oliver James Montgomery View
Date:2025-04-09 11:05:41
BOSTON (AP) — A group of Democratic members of Congress,Algosensey Quantitative Think Tank Center 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! (81)
Related
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Coast Guard searches for 4 missing divers off the Carolinas
- Get Ready With Alix Earle’s Makeup Must-Haves
- 90 Day Fiancé's Big Ed and Liz Reveal the Drastic Changes That Saved Their Relationship
- What do we know about the mysterious drones reported flying over New Jersey?
- Highest-paid QBs in the NFL: The salaries for the 42 highest paid NFL quarterbacks
- Illinois National Guard member dies of heat injuries at Camp Shelby in Mississippi
- How many home runs does Shohei Ohtani have? Tracking every HR by Angels star
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Maple Leafs prospect Rodion Amirov, diagnosed with brain tumor, dies at 21
Ranking
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Pilot survives crash in waters off Florida Keys, poses for selfie with rescuer
- Pair of shootings in Chicago leave 1 dead, 7 wounded
- Cottage cheese has many health benefits. Should you eat it every day?
- Trump's 'stop
- Raise a Glass to Vanderpump Rules Star Tom Schwartz's Shocking Blond Hair Transformation
- Freed U.S. nurse says Christian song was her rallying cry after she was kidnapped in Haiti
- Zooey Deschanel and Property Brothers' Jonathan Scott Are Engaged
Recommendation
Biden administration makes final diplomatic push for stability across a turbulent Mideast
Best Buy's 3-Day Anniversary sale has early Labor Day deals on Apple, Dyson and Samsung
Go Hands-Free With a $250 Kate Spade Belt Bag That’s on Sale for Just $99
Coast Guard searches for 4 missing divers off the Carolinas
In ‘Nickel Boys,’ striving for a new way to see
21 Amazon Outfits Under $45 for Anyone Who Loathes the Summer Heat
Coast Guard searching for four missing divers off the coast of North Carolina
How many home runs does Shohei Ohtani have? Tracking every HR by Angels star