More Trouble in Coal Country: Health Care at Risk for 12,000 Retired Miners and Their Families
"Peabody Energy, the nations largest coal company, is seeking release from a pledge to pay into a health insurance fund.
John R. Leach worked for Peabody Energy Corp. in western Kentucky for 23 years. When he retired, he and his wife Rhonda relied on his pension and health benefits not only for themselves but to care for two severely disabled adult children. So when Peabody notified them in 2007 that their benefits were now the responsibility of a spinoff called Patriot Coal, they had a worrisome premonition.
We said, Theres something going on here thats not right, Rhonda Leach said.
The familys worries were justified. When Patriot filed for bankruptcy two years ago, retiree benefits for thousands of mining families were put at risk. While Peabody eventually agreed to pay for some of those costs, Patriot is now back in financial trouble. This time around, Peabody is quietly seeking to get out of paying for any of its remaining agreed-upon obligations to its retirees.
All I could think is, you dirty, low-down rotten scoundrels. How could anyone with a conscience do something like this? Rhonda Leach said. "
http://www.propublica.org/article/health-care-at-risk-for-12000-retired-coal-miners-and-their-families