“I, along with almost all of Disney Imagineering, am furloughed without pay”

Post by GeorgeWBasic » Thu, Apr 09, 2020, 6:15 AM UTC

hcknwscommenter wrote: post #30

myblake wrote: post #8

Earlier quoted context omitted.

So yeah people totally lose their health care when they lose their job. Typically it runs through the month and then you’re on your own. You can by law keep buying the same plan at full price (employers typically pay between 50-80 and sometimes up to 100% of the premium). However, when you get sick that rate doesn’t go up, so there’s no incentive from your employers standpoint to fire you when sick. Because of the “l…

"However, when you get sick that rate doesn’t go up, so there’s no incentive from your employers standpoint to fire you when sick." Sorry but that's just wrong. Most large employers and even many smaller shops "self-insure" meaning they are footing the bill. Your health insurance company is just a front/conduit/paper pusher. In those cases, it is your employer who is ultimately deciding your prescription is not in th…

Post by selimthegrim » Thu, Apr 09, 2020, 6:17 AM UTC

labster wrote: post #27

nsxwolf wrote: post #7

Earlier quoted context omitted.

We have a law called COBRA that lets you continue your employers coverage for up to 18 months I think it is. You have to pay the entire premium including the portion your employer paid so the price tag is usually a shock.

So on Friday you have good health coverage, and then you get a recorded message on Zoom from your now former job. Now you have to pay for COBRA but you only have enough money reserves for two months of housing/food. So you apply for MediCal. Nope, you have too much money. So the reasonable thing to do is to take no health insurance. Then, you get the coronavirus. Pretty bad. You’re young, so you live through it, but…

Post by malux85 » Thu, Apr 09, 2020, 6:22 AM UTC

nodesocket wrote: post #37

malux85 wrote: post #33

Disney's net income in 2019 was 11.05 billion U.S. dollars, marking one of the highest figures to date.

There are extensive government programs to help that were recently passed. Obviously the programs probably won't pay the full salary of an engineer or tech employee, but there is help. > Any full-time or part-time worker who is furloughed, laid off or had their hours reduced due to the coronavirus is eligible for expanded unemployment benefits.

Post by trophycase » Thu, Apr 09, 2020, 6:25 AM UTC

nodesocket wrote: post #43

hkai wrote: post #36

Earlier quoted context omitted.

Does it mean you have to distribute it to employees? It seems to me that even if Disney earns 100 times that, their employees should not get more than the market rate.

Agreed, if it causes the company to have severe financial distress or even possibly go bankrupt, hard decisions such as these have to be made. If the company goes under lots more jobs and wealth is lost.

Post by dang » Thu, Apr 09, 2020, 6:27 AM UTC

fnord123 wrote: post #9

Off topic: I used to love lemondoor's blog when I was into lisp.