Yes, it does. The Greek text uses words which translate as “gather”, “catch up”, and “reap”. (We get “rapture” from the Latin translation of “catch up”. See 1 Thess 4 below).
This is all explained in 1 Cor 15, most of the chapter in opposition to the one short scripture 1 Thess 4:17
50Now this I say, brethren, that flesh and blood cannot inherit the kingdom of God; neither doth corruption inherit incorruption. 51Behold, I shew you a mystery; We shall not all sleep, but we shall all be changed, 52In a moment, in the twinkling of an eye, at the last trump: for the trumpet shall sound, and the dead shall be raised incorruptible, and WE SHALL BE CHANGED. 53For this corruptible must put on incorruption, and this mortal must put on immortality. 54So when this corruptible shall have put on incorruption, and this mortal shall have put on immortality,
No need to argue any such propositions. These passages are describing the same events. Flesh and blood will not inherit the kingdom of God. (1 Cor 15:50) But the resurrected will (flesh and bone -- see Luke 24:39)
Those who are alive and remain will be resurrected. You can argue fine points whether these physically die in the process of resurrection. All believers will put off this sinful flesh and will be fully redeemed. (Ephesians 1:14)