SAG-AFTRA has 160,000 members, most of whom are not wealthy and cannot afford health insurance (via toofab)
The union's president Fran Drescher recently explained that the vast majority of actors"are just working people just trying to make a living just trying to pay their rent, just trying to put food on the table and get their kids off to school."
The Bureau of Labor also notes that actors are not full-time let alone year-round employees but often day-workers. Disney CEO Bob Iger recently inked a new deal where his annual base salary of $1 million can be augmented by a $5 million bonus each year in addition to the stock awards from Disney totaling $25 million. Meaning he has the potential to make $31 million a year.
Nearly 90% of working actors make less than the absolute minimum for the union's health insurance plan.Another disruptor to the acting economy is the advent of streaming, which has impacted a previously reliable source of income.
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