The Committee for Better Banks
500 signatures reached
To: Joan L. Gulley, Chief Human Resources Officer, PNC Bank
PNC: Don't Force Employees onto High Deductible Health Plans
We're calling on you to reverse the decision to force all PNC Bank employees onto high-deductible health insurance plans.
Why is this important?
PNC Bank plans to force its 56,000 employees onto high-deductible health insurance plans starting on January 1, 2014. (Source: http://triblive.com/business/headlines/4556664-74/plans-health-deductible#axzz2coL27Yib)
The average high-deductible plan requires you to pay up to $2,000 out-of-pocket before insurance coverage kicks in. For a PNC bank teller earning $9-11 an hour, those costs make medical care entirely unaffordable. How many PNC employees will forgo medical care because they can't afford it? These changes to employee health coverage will have a real impact on your employees' lives. It's for that reason we're calling on you to reconsider.
It’s no secret that banks made record profits in 2012. The banking industry raked in $40 billion in the first few months of 2012 alone. PNC Bank is strong and its balance sheets proves it. PNC employees have helped the bank increase the number of customers, expand commercial and consumer lending, and grow deposits to $212 billion. Last year, PNC profits were 47% higher than that same period in 2011. Why, then, is the bank punishing employees by slashing health coverage?
Employees have helped PNC Bank grow to be the 7th largest bank in America. They deserve health insurance they can depend on. These changes could make health insurance for some of your employees largely unaffordable. As employees, customers, and concerned citizens, we're calling on PNC Bank to treat its employees better. Give your tellers, sales associates, supervisors and other staff health care coverage options they can count on.
Creative Commons photo credit: http://www.flickr.com/people/blaineo/
The average high-deductible plan requires you to pay up to $2,000 out-of-pocket before insurance coverage kicks in. For a PNC bank teller earning $9-11 an hour, those costs make medical care entirely unaffordable. How many PNC employees will forgo medical care because they can't afford it? These changes to employee health coverage will have a real impact on your employees' lives. It's for that reason we're calling on you to reconsider.
It’s no secret that banks made record profits in 2012. The banking industry raked in $40 billion in the first few months of 2012 alone. PNC Bank is strong and its balance sheets proves it. PNC employees have helped the bank increase the number of customers, expand commercial and consumer lending, and grow deposits to $212 billion. Last year, PNC profits were 47% higher than that same period in 2011. Why, then, is the bank punishing employees by slashing health coverage?
Employees have helped PNC Bank grow to be the 7th largest bank in America. They deserve health insurance they can depend on. These changes could make health insurance for some of your employees largely unaffordable. As employees, customers, and concerned citizens, we're calling on PNC Bank to treat its employees better. Give your tellers, sales associates, supervisors and other staff health care coverage options they can count on.
Creative Commons photo credit: http://www.flickr.com/people/blaineo/
