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Re: Obamacare; Walmart cuts insurance benefits for 30k employees
Posted on 10/7/14 at 9:27 pm
Posted on 10/7/14 at 9:27 pm
quote:
NEW YORK (AP) -- Wal-Mart Stores Inc. plans to eliminate health insurance coverage for some of its part-time U.S. employees in a move aimed at controlling rising health care costs of the nation's largest private employer.
Wal-Mart told The Associated Press that starting Jan. 1, it will no longer offer health insurance to employees who work less than an average of 30 hours a week. The move affects 30,000 employees, or about 5 percent of Wal-Mart's total part-time workforce, but comes after the company already had scaled back the number of part-time workers who were eligible for health insurance coverage since 2011.
The announcement follows similar decisions by Target, Home Depot and others to completely eliminate health insurance benefits for part-time employees. It also comes a day after Wal-Mart said it is teaming up with an online health insurance agency called DirectHealth.com to help customers shop for health insurance plans.
LINK
Should be a ton more of good news to come. Companies are announcing 2015 plan changes right now.
This post was edited on 10/7/14 at 9:28 pm
10
Posted on 10/7/14 at 9:28 pm to Lsut81
The country has a case of the Reds
Posted on 10/7/14 at 9:32 pm to Lsut81
This is what happens when you have to pass a bill to determine with it entails.
Every single hack that supported this legislation should burn at the stake with it.
Every single hack that supported this legislation should burn at the stake with it.
Posted on 10/7/14 at 9:37 pm to 4LSU2
Never pass a bill without A: Knowing how to pay for it and B: Knowing what all is in it. As was predicted by many folks what we are seeing now is a tidal wave of businesses cheerfully dumping health care plans.
Going full on womb to tomb health care has its benefits and disadvantages. Our old system of health care had its benefits and disadvantages... more then full on government health care in my opinion. What we have now has none of the benefits of either policy and all of the downsides of both. This is going to cost a lot of money and bring down a lot of misery.
Going full on womb to tomb health care has its benefits and disadvantages. Our old system of health care had its benefits and disadvantages... more then full on government health care in my opinion. What we have now has none of the benefits of either policy and all of the downsides of both. This is going to cost a lot of money and bring down a lot of misery.
Posted on 10/7/14 at 9:38 pm to Lsut81
Corporate greed, 1%ers, blah blah.
The fallout from this bullshite is just beginning.
The fallout from this bullshite is just beginning.
Posted on 10/7/14 at 9:41 pm to Lsut81
(no message)
This post was edited on 3/8/21 at 2:37 pm
Posted on 10/7/14 at 9:41 pm to Lsut81
F
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Posted on 10/7/14 at 10:01 pm to Lsut81
Just another reason health insurance shouldn't be tied to employment.
Posted on 10/7/14 at 10:07 pm to Lsut81
:nb4greedycorporateamerica:
Posted on 10/7/14 at 10:07 pm to HailHailtoMichigan!
quote:
Just another reason health insurance shouldn't be tied to employment.
I agree with this, but since that's how you have to pay for it, it just makes sense. Problem now is more people aren't working, and Obamacare will ensure less will get a chance to work...How can these part-timers afford the ACA, without huge Gov't support/debt??? How do they make enough to warrant any part-time job? Just a question for those who know more than me on the issue???
Posted on 10/7/14 at 10:10 pm to HailHailtoMichigan!
quote:
Just another reason health insurance shouldn't be tied to employment.
These were part time associates that Walmart was providing coverage to... Most companies don't offer that benefit to PTers, so I don't see how this has anything to do with being tied to employment.
Posted on 10/7/14 at 10:17 pm to Arksulli
quote:
As was predicted by many folks what we are seeing now is a tidal wave of businesses cheerfully dumping health care plans.
It's working exactly as planned!
Posted on 10/7/14 at 10:21 pm to Lsut81
.
This post was edited on 10/30/14 at 1:34 pm
Posted on 10/7/14 at 10:38 pm to Asgard Device
[quote]@ColMorrisDavis: Walton family is richest in the world with > $150B. #Walmart cancelled health insurance for 30K employees ... USA!!! LINK ]
Here we fricking go. Can't wait to see the media spin this into corporate greed. Forward!
Here we fricking go. Can't wait to see the media spin this into corporate greed. Forward!
Posted on 10/7/14 at 11:03 pm to HailHailtoMichigan!
quote:
Just another reason health insurance shouldn't be tied to employment.
There's an individual market out there that has nothing to do with employers. It's been there for decades. Go try it.
This is working just like this particular President planned. Employers do all they can to avoid the new system leaving more uninsured. The masses rise up and boom we have a single payer system. It's going much faster than I originally thought. I do love how the law is changed over and over without even a hint of a vote.
Posted on 10/7/14 at 11:41 pm to HailHailtoMichigan!
quote:
Just another reason health insurance shouldn't be tied to employment.
I've often wondered why it was.
I can only surmise that it was originally intended as a job perk to attract top employees, along with matching 401k's (or even offering them), pensions, more vacation, etc....
Why are employers forced to offer and/or pay for insurance?
Posted on 10/7/14 at 11:58 pm to dcrews
Cause you know...profit
Posted on 10/8/14 at 12:00 am to dcrews
Cause you know...profit
Posted on 10/8/14 at 6:00 am to asurob1
quote:
Message
Posted by asurob1
Cause you know...profit
What so you think the net profit percent compared to sales? 30%?
Posted on 10/8/14 at 6:33 am to Lsut81
quote:
These were part time associates that Walmart was providing coverage to...
How much was Wal-Mart chipping in?
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