like that place a lot. this is disapointing. im sure had shelter in place not been issued the bars would have been packed like normal and they wouldnt have seen any revenue dip due to the pandemic
March 31, 2020Dear Craftworks team,
First off, please know that I hope each of you and your families are safe and doing as well as possible given the circumstances. My thoughts are with each of you every moment of every day as we continue to navigate these challenging times.
Our small team continues to make progress consolidating the Company and preparing for a day, hopefully soon, when we can return to the business of serving our communities across all our great brands.
Due to the current state of affairs in the bankruptcy process, the
Company’s existing benefit plans will be terminated effective March 31, 2020. Regrettably, because the plans are being terminated, there will be no COBRA continuation coverage available under the group health plans. All claims incurred on or before March 31, 2020 will be handled in accordance with the plan’s usual terms, but there will be no coverage for health care services or items you receive after that date.
To assist everyone with this transition, please find attached a list of options for you to consider as you seek alternative health plan coverage for yourself and your family. Your separation is generally considered a qualifying event that should provide you a special enrollment right (typically 30 days from the loss of coverage) to enroll in other coverage. You may want to explore coverage options available through the Affordable Care Act’s Health Insurance Marketplace at
http://www.healthcare.gov, options through a spouse/partner’s employer plan, a parent’s employer plan (if you are under age 26), Medicare, etc.
In addition, effective March 31, 2020, the status of all team members will be revised from furloughed to terminated. You will receive additional communication from our third-party administrator regarding your benefit selections and how you can handle this transition (HSA, 401k, Life, Disability, etc.).
Finally, please know that we continue to work diligently towards a reopening date and are looking forward to the day when we hope to bring many of you back with a new suite of benefits.
Thank you for your understanding and please be well. See you in a restaurant soon!
Warmest regards,
Marc BuehlerChief Executive Officer
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your non sequitur references get me every time.
