The coronavirus has caused turbulent times for United Airlines and the airline industry. The rise of COVID-19 cases, currently over 7 million in the US, has stalled its recovery. Read this article to discover which jobs United Airlines plans to cut and how a Medicare plan can help.
On September 2, 2020, CNBC reports:
United Airlines plans to cut more than 16,000 jobs as coronavirus continues to hammer demand, and federal aid runs out this fall.
On the bright side, the job cut number is far less than the 36,000 jobs United warned in July. Moreover, the Coronavirus relief package prohibits airlines from cutting jobs or pay rates through September 30.
Update: United Airlines CEO Scott Kirby will cut 13,000 jobs.
United Airlines Job Loss
United Airlines’ job loss comes from thousands of volunteers who accepted buyouts and early retirement packages. As a result, more than 7,000 United Airlines employees have separated from the company. These United Airlines employees voluntarily left their jobs.
Since April 2020, United Airlines employees have avoided terminating jobs through temporary leaves of absence and voluntary pilot furloughs (unpaid time off). However, starting in October, employees will be at risk of losing their jobs?
United Airlines plans to cut 16,370 jobs which include:
- 6,920 flight attendants
- 2,850 pilots
- 1,400 management jobs
- 2,010 mechanics
- 2,260 airport operations
However, according to a Reuters article on May 15, 2020, United Airlines only needs 3,000 of 25,000 flight attendants. Thus, unpaid time off is likely for most flight attendants.
Forced Retirement and Medicare
The Coronavirus Pandemic may cause United Airlines to terminate your employment and force your retirement. Furthermore, if you are a senior age 65 or older and United Airlines cuts your job, you will lose your group health coverage. Then, according to Medicare.gov, you have two months after you lose coverage to join a Medicare Advantage or Part D drug plan.
During this two-month Special Election Period, you can enroll in a Medicare Advantage Plan with drug coverage or a stand-alone Medicare Part D prescription drug plan. Before you join either Medicare plan, you must first apply for Medicare Part B.
Helping You Apply for Medicare Part B
In this video, Robert Bache shares how Senior Healthcare Direct has streamlined the application process to help you apply for Medicare Part B. Furthermore, we can help you find the right Medicare plan. For example, we can help you with Medicare Advantage, Supplement, or Part D prescription drug plan. Call us at 1-855-368-4717 or get your quote.