Peabody Ends Retiree Health Program in 5 Months as Indiana Ex-Miners Protest
Updated
Updated · WTHITV.com · Jul 20
Peabody Ends Retiree Health Program in 5 Months as Indiana Ex-Miners Protest
1 articles · Updated · WTHITV.com · Jul 20
Summary
Former Peabody mine workers rallied in Vincennes after letters told them the retirement medical assistance program will end in about five months.
Peabody said it terminated the RMA program after a benefits review found it was not aligned with market-competitive practices, adding the notice period gives retirees time to prepare.
Retirees said the cut could upend finances built around the coverage, with some citing new medical crises, a spouse's recent retirement and lost plans to visit family.
Protesters also tied the move to a longer history of coal-industry benefit losses and bankruptcies, and said they will keep pressing their case through billboards and future gatherings.