CT maker cuts health insurance premiums for employees

Employees at a manufacturing company in Westbrook will no longer have to pay monthly premiums for their healthcare services, company officials said Tuesday.

The Lee Company, which manufactures miniature hydraulic components for the defense industry and other sectors, announced the improved healthcare benefits during a press conference at the company’s headquarters.

Bill Lee, the family-owned company’s president and chief executive officer, said the decision to reduce employee healthcare premiums was recognition that “families everywhere are grappling with rising healthcare costs and the ongoing economic and social impact of the COVID-19 pandemic .”

“We are excited to be able to offer this benefit to reduce the burden on employees and their families,” said Lee.

The Lee Co.’s 1,100 employees are covered by the Anthem Blue Cross/Blue Shield Century Preferred Plan. Coverage for spouses and family members remains the same, as do levels of coverage, deductibles, and co-payments.

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