Manufacturers across the country are working to keep their teams and communities safe and healthy and also contending with the full range of effects—to the economy, to their supply chains, to their operations and more—of the COVID-19 outbreak. A newly released survey of manufacturing leaders conducted by the National Association of Manufacturers reveals the state of the industry as the situation unfolds.
In the survey, which was in the field from Feb. 28 to March 9, 78.3% of respondents say that the COVID-19 outbreak is likely to have a financial impact on their businesses; 53.1% of manufacturers are anticipating a change in their operations in the coming months; and 35.5% say that they are already facing supply chain disruptions.
When asked about resources that they need, survey respondents cite reliable information, including nonpolitical and non-sensationalized facts; clear and timely updates on new restrictions and health advisories; information about how other companies are reacting; clear guidelines from expert agencies like the Centers for Disease Control and Prevention and the National Institutes of Health; and early detection resources to help stop the spread of the virus.
The survey findings helped inform the NAM’s “COVID-19 Policy Action Plan Recommendations,” released earlier this week, with policy proposals for lawmakers to help contain the spread of coronavirus and ensure economic resilience.
“Already, manufacturers are grappling with disruptions to their businesses due to the COVID-19 outbreak, with many anticipating financial and operational consequences—even before some of the developments of this week,” said NAM President and CEO Jay Timmons. “The federal government can take steps to further equip manufacturers to deal with COVID-19 by implementing the NAM’s ‘COVID-19 Policy Action Plan Recommendations.’ Across the country, manufacturers are stepping up to keep their employees and their communities safe and healthy, and working closely with elected officials, we can ensure the resilience not only of our companies but also our country.”
Within a day of the plan’s release, leading members of Congress began pushing for one of its key elements, tariff relief, and both the administration and members of Congress voiced their support for key legal protections for manufacturers of protective N95 masks.
As policymakers address these issues, the NAM is continuing to convene coronavirus resources for manufacturers, connecting these businesses with guidance from appropriate government officials and agencies and providing updates on the state of the manufacturing industry.
For more information, including best practices, CDC resources and more, go to nam.org/coronavirus.
ANN ARBOR, MICH. – The National Association of Manufacturers announced today that it will offer an association health plan to its members, extending affordable health care to small and medium-sized manufacturing companies and member associations in approved states. In states where the association health plan is not available, the NAM will connect manufacturers with available small-group options in their state.
“This association health plan is another step in our work to make the NAM a one-stop shop for manufacturing across the United States,” said NAM President and CEO Jay Timmons. “With small and medium-sized businesses making up more than 90 percent of our membership, this plan will help provide health care and reduce uncertainty for workers and their employers across the country.”
The plan, called NAM Health Care (www.namhealthcare.com), was developed to meet manufacturers’ unique health care needs. It will offer a portfolio of health benefits options insured by UnitedHealthcare. In states where these plans are available, businesses with 2 to 99 employees will be able to choose from a variety of PPO (Preferred Provider Organization) and HSA (Health Savings Account) health plans. Members will also have access to UnitedHealthcare’s Choice Plus care provider network of more than 1.2 million physicians and care professionals and 6,500 hospitals and other care facilities nationwide. UnitedHealthcare will work with any licensed or appointed agents who want to sell NAM Health Care.
In addition, Mercer will provide the NAM’s small business members with consulting services regarding health benefits offerings and contribution strategies, marketing support to educate and enroll their employees, plan administration and compliance services. The Mercer Affinity 365+sm platform will provide members technology for quoting, enrollment and ongoing benefits administration to drive cost efficiencies and facilitate employee engagement.
Association health plans allow companies to band together to manage and purchase health care coverage that may save on annual health insurance costs by providing plans that are typically enjoyed by larger companies at a competitive price. Under NAM Health Care, eligible member companies also will have access to supplemental benefits, including dental, vision and life.
“The work that manufacturers are doing every day grows the economy and strengthens our country, and they deserve the health care they need to do that job with certainty and support,” said Timmons. “At the NAM, we are proud to help lower costs and increase competitive health coverage for the men and women who make things in America.”
NAM Health Care is quoting these plans for eligible member groups for a Sept. 1, 2019, enrollment date. To enroll in these plans, where available, interested businesses may visit www.namhealthcare.com.