Posts tagged with "Frontline workers"

Target will extend ‘hazard pay’ to frontline workers through July 4

May 19, 2020

Target, the eighth-largest U.S. retailer, has announced plans to extend its temporary $2-an-hour pay hike for frontline workers through July 4 as the company continues to deal with higher demand amid the COVID-19 pandemic, Bloomberg reports.

The company also is extending policies that give employees who are 65 or older, pregnant. or with medical conditions paid leave for up to 30 days. In addition, workers will get access to backup care for children or family members.

Bloomberg notes that the way in which the store is stepping up for its employees “contrasts with recent moves by retailers such as Amazon and Kroger, which are winding down higher hourly pay initiatives as the coronavirus lockdown persists.”

This will be the second extension of higher pay for Target, which initially announced wage increases in March. The Minneapolis-based retailer has seen a big boost from selling essential goods during the coronavirus pandemic, but investors are bracing for lower margins due to the higher costs and the possibility it will write off slow-selling merchandise like clothing, according to the business news outlet.

Companies allowed to operate through the pandemic, such as supermarkets, warehouses, and transportation firms, have benefited from a boost in demand and a labor market swollen with newly unemployed workers. However, their treatment of workers has drawn regulatory scrutiny; as well as protests from employees worried about catching COVID-19 at work and bringing it home to their families.

Research contact: @business

Trump reneges on reopening federal health insurance exchanges during the COVID-19 crisis

April 2, 2020

Defying appeals from insurers and Democrats, the Trump Administration said on March 31 that it would not reopen Obamacare enrollment to allow uninsured Americans to buy health coverage during the coronavirus pandemic, Slate reports.

The decision comes after the White House told lawmakers and insurers it was considering a special enrollment period in addition to the usual November 1 through December 15 window for the federally run exchange that covers roughly two-thirds of U.S. states.

Eleven largely Democratic-leaning states, as well as Washington, D.C., have temporarily reopened their health insurance exchanges, CNN reports, in order to provide frontline workers with the chance to buy in during the coronavirus outbreak.

Democratic legislators had called on the White House to open the federally run exchanges for some 30 million Americans who remain uninsured and— after initial hesitation from the health insurance industry over the prospect of being hit with a deluge of coronavirus-related claims—“the main insurance lobby, America’s Health Insurance Plans, endorsed the special enrollment period roughly two weeks ago while also urging lawmakers to expand premium subsidies to make coverage more affordable for middle-income people,” Politico reports.

“Given the risk posed by COVID-19, it is more important than ever for people to have health coverage,” the CEOs of America’s Health Insurance Plans and Blue Cross Blue Shield Association wrote in a letter to Congress in mid-March.

The insurers told Politico they had expected the Trump White House to announce a special enrollment period last week after receiving private assurances from the administration that the exchanges would be reopened. The coronavirus has already put intense pressure on the job market, and with the economic toll of the pandemic expected to worsen over the coming weeks, millions of newly unemployed workers who previously had insurance through their employer will likely be in need of health insurance options.

Workers who lose their health insurance through their employer are eligible to buy a plan on a federal or state exchange for up to 60 days after becoming unemployed.

The Trump administration did not give any reason for refusing to reopen the health insurance marketplace during the pandemic, but President Donald Trump has publicly supported the GOP legal effort, this one led by Republican governors, to destroy the Affordable Care Act once and for all. The Supreme Court has agreed to hear the case, which could put the ten-year-old law, and the 20 million Americans who get health coverage from it, in jeopardy.

Research contact: @Slate