Wednesday, January 25, 2006

I'm Boycotting Friendly's - Join Me

No more Friendly's for me. The 500-restaurant chain has essentially eliminated health care for most of its employees.

The new plan provides a maximum annual benefit of $2,000 for outpatient care, and covers only a small portion of the costs associated with major illnesses. Under the plan, employees could be liable for thousands of dollars in bills after a short hospital stay, leading some to seek free care from the state. Until last fall, the company offered them comprehensive healthcare insurance.

And of course,

Employees at the assistant-manager level and higher can still choose comprehensive coverage, employees said.

Friendly's slashes health benefits for 454 workers

Rich board member claims surprise. I don't believe him:

Perry D. Odak, a member of Friendly's board of directors, said he was unaware of the change in healthcare benefits and would look into the matter if it comes before the board.

''For me, whether you're a cashier or you're the CEO of the company, you ought to have the same benefits," said Odak, the former chief executive of Vermont ice cream maker Ben & Jerry's Homemade Inc. and now chief executive of natural foods grocers Wild Oats Markets Inc. of Boulder, Colo. ''As one member of the [Friendly's] board, I'd take the position that treating employees well is the right thing to do."

1 comment:

mokawanis said...

I don't know much about Friendly's but it's bothersome to see so many businesses follow this trend. There's no doubt that health care costs are growing at an incredible pace but it's clear a lot of corps. are cutting coverage and are dismissive of the fact that their short-term savings are causing long-term pain.

Middle-class? What middle-class?