Dave McNary Film ReporterAmid the avalanche of disheartening developments this year, few were as dispiriting in Hollywood as the Aug.
12 announcement by the SAG-AFTRA Health Plan that it was eliminating coverage for 11,750 of 32,000 participants, including 8,200 senior performers.The plan and its trustees blamed the COVID-19 pandemic for creating $140 million in losses this year and projected that the reserves would be gone by 2024.
Led by Ed Asner, 10 plaintiffs sued the plan and its trustees on Dec. 1 in a class action, alleging breach of fiduciary duty, as well as accusing its caretakers of engaging in a prohibited transaction and failing to disclose information material to plan participants.As of Thursday, the SAG-AFTRA health plan had.
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