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Can a labour union provide group insurance?

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Can a labour union provide group insurance?

Can a labour union provide group insurance?

Yes it can. It can do so by issuing a policy to the union. The union is the policy holder. The union can buy an insurance policy for all the workers of a particular company. It can also buy policies for members of the union working for different companies. It is particularly advantageous for employees in industries like construction. This is because the employees often work under different employers. However, even though it is beneficial, very few unions provide group insurance today. It is more common to find the organized labor negotiating with the employers and getting insurance benefits. So it is far more common to find group covers here which are sponsored by their employers.

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