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re: Re: Obamacare; Walmart cuts insurance benefits for 30k employees
Posted on 10/8/14 at 8:07 am to Vols&Shaft83
Posted on 10/8/14 at 8:07 am to Vols&Shaft83
quote:
I agreed, quit waging your war on women by attacking redandright, come at me bro.
Mr Spiderman Tuba has always been a gentleman towards me.
But thanks for the chivalry!
Posted on 10/8/14 at 8:09 am to SpidermanTUba
quote:
SpidermanTUba
You do realize most companies do not even pay insurance benefits to their part time employees, right? Why would they? Part time has a high turnover rate, and is usually reserved for low to no skill workers.
Wal-Mart was being generous by providing healthcare to their employees. Now, they are simply doing what the government intended for them to do. Stop providing healthcare and force the individuals to get on Obamacare.
The backfire to your beloved plan is that part timers can't afford "free" Obamacare. Face it, your beloved Obamacare is an abject failure, in the terms of affordability and care. You know it, I know it. You just have your mouth planted so squarely on Obama's arse that you can't break away to object.
You have no defense for this law. It is a spectacular failure.
Posted on 10/8/14 at 8:10 am to redandright
quote:
The whole thing needs to be scrapped. If it were a viable plan there wouldn't have to be so many delays and exemptions.
This.
Posted on 10/8/14 at 8:14 am to SpidermanTUba
Your side's plan is working to perfection, Tuba.
When Obamacare is fully implemented and the insurance companies and businesses don't play ball, our government overlords will be able to say "Well, we tried market solutions and they didn't work."
That's when we get single payor, which has been the plan all along.
When Obamacare is fully implemented and the insurance companies and businesses don't play ball, our government overlords will be able to say "Well, we tried market solutions and they didn't work."
That's when we get single payor, which has been the plan all along.
Posted on 10/8/14 at 8:26 am to Scoop
scoop is right We need and deserve single payor. WalMart has more money than God but dropping insurance is another way to sock it to Obama and all their workers.
Posted on 10/8/14 at 8:27 am to Scoop
i am not surprised about this, the individual mandate was a stroke of brilliance to ensure equal access. But it has consequences.
I really would like to know the republican alternative to obamacare. its pretty clear that its not working, but I haven't heard republicans say anything other than obamacare sucks.
I really would like to know the republican alternative to obamacare. its pretty clear that its not working, but I haven't heard republicans say anything other than obamacare sucks.
Posted on 10/8/14 at 8:48 am to Hawkeye95
quote:\
i am not surprised about this, the individual mandate was a stroke of brilliance to ensure equal access. But it has consequences.
I really would like to know the republican alternative to obamacare. its pretty clear that its not working, but I haven't heard republicans say anything other than obamacare sucks.
go to my post on page 2 of this thread I linked it
Posted on 10/8/14 at 8:50 am to Hawkeye95
quote:
I really would like to know the republican alternative to obamacare. its pretty clear that its not working, but I haven't heard republicans say anything other than obamacare sucks.
3 Cs of health insurance coverage
The big corporation saves, the poor, part-time employee saves, the middle class gets screwed again.
Government protects the voting masses who vote unethically to give themselves more "benefits." The poor masses believe we live in an "UNFAIR" Republic (based on a constitution to maximize individual freedoms leading to personal independence through good choices).
Government (Ds and Rs) protects their big donors such as corporations finding ingenious (or at least cunning) ways to save them money leaving the burden on tax paying middle class Americans. While income taxes effect the rich as well, the middle classers usually pay a higher % because of the tax structure.
So as I've said the middle class gets screwed again. The Ds are especially good at it. They guilt you, insult you and then screw you. It's like an abusive, domineering relationship.
Posted on 10/8/14 at 8:51 am to JEAUXBLEAUX
quote:
scoop is right We need and deserve single payor. WalMart has more money than God but dropping insurance is another way to sock it to Obama and all their workers.
Once again you have no idea what you're talking about.
Posted on 10/8/14 at 8:54 am to JEAUXBLEAUX
quote:
WalMart has more money than God but dropping insurance is another way to sock it to Obama and all their workers.
So you're saying health insurance should be mandated by the government on businesses?
Posted on 10/8/14 at 8:55 am to Homesick Tiger
I wish it was. My English boss does not provide us insurance as he cant believe it is not government mandated.
Posted on 10/8/14 at 8:59 am to JEAUXBLEAUX
quote:
wish it was. My English boss does not provide us insurance as he cant believe it is not government mandated.
So your boss doesn't pay for health insurance because he thinks I should have to pay for it?
Sounds like a greedy limey prick.
Posted on 10/8/14 at 8:59 am to JEAUXBLEAUX
quote:
I wish it was.
So what's next in your entitlement world - life, car, home, etc. insurances?
Posted on 10/8/14 at 9:00 am to SpidermanTUba
quote:
So part time Wal Mart employees should expect a raise of 3-4k/yr in your opinion?
No...their benefits are getting cut due to the rising health care costs as a result of Obamacare.
You boiled it down to money and then got lost. Obamacare has cost these part time workers 3-4k/yr.
Posted on 10/8/14 at 9:02 am to JEAUXBLEAUX
quote:
WalMart has more money than God but dropping insurance is another way to sock it to Obama and all their workers.
I don't think you understand how thin of margins Walmart operates on... Their money comes from volume...
Posted on 10/8/14 at 9:03 am to Homesick Tiger
quote:
So what's next in your entitlement world - life, car, home, etc. insurances?
Amazing how selfish and oblivious these progressives are. frickING AMAZING.
Posted on 10/8/14 at 9:10 am to redandright
quote:The problem with that is that there is no direct link between the two. You may as well say "When Kim Jung Un was in power, WalMart offered insurance to part time employees. Now that he has disappeared, they are losing it."
I don't know if it's for profit, or they're just trying to control their costs.
All I'm pointing out is that the more government interferes in the Market the more Business will find a way to get around it. Prior to ACA they offered Health Insurance to their PT employees, when they didn't have to. Since the ACA, those guys are losing it.
However, WalMart does tell us why they are dropping the insurance: Because more of their employees are signing up than they wanted. They never really wanted to give insurance to the part time employees, they only wanted it to be available as a "perk" that they could offer to get people in house. However when employees saw what crap it was, they didn't sign up.
Then the ACA happened. It caused two events:
1) WalMart could no longer offer crap insurance. So the "insurance" policies had to actually become something of value, for which WalMart raised the costs.
2) In spite of the increased costs, the insurance policies became something of value enough that more employees bought it at the higher price than did when it was cheaper. WalMart didn't really want this because then it would actually have to contribute to health plans for a good chunk of employees.
In short: Employees aren't losing their crap insurance from before. They wanted real insurance which WalMart offered for a year until people actually signed up for it.
This post was edited on 10/8/14 at 9:15 am
Posted on 10/8/14 at 9:13 am to wickowick
quote:
I don't think you understand how thin of margins Walmart operates on... Their money comes from volume...
The money that WM saves as a result of this change is likely a drop in the bucket for them yearly due to their massive volume, but it's significant for share holders long-term growth/income investment when calculated out over time. WM is not innocent in this scenario. These large corps know that the new plan will crush competition and therefore increase their volume without a true reinvestment. It's obvious that they're saving money by cutting benefits, the PT workers are getting subsidies so they are saving money. So if everybody is saving money on a more expensive product it's likely too good to be true. That's where the large block of tax paying middle class people get screwed again. Keep tapping that well and the system will spiral eventually.
Posted on 10/8/14 at 9:15 am to HailHailtoMichigan!
quote:Huh?
Just another reason health insurance shouldn't be tied to employment.
ALL health insurance is linked to employment. Either your employer provides it for you or, you take your paycheck(from your employer) and buy some yourself.
Any other form of "insurance" is called welfare.
Posted on 10/8/14 at 9:17 am to mmcgrath
quote:
The problem with that is that there is no direct link between the two
quote:
Then the ACA happened. It caused two events:
1) WalMart could no longer offer crap insurance. So the "insurance" policies had to actually become something of value, for which WalMart raised the costs.
2) In spite of the increased costs, the insurance policies became something of value enough that more employees bought it at the higher price than did when it was cheaper. WalMart didn't really want this because then it would actually have to contribute to health plans for a good chunk of employees.
In short: Employees aren't losing their crap insurance from before. They wanted real insurance which WalMart offered for a year until people actually signed up for it.
Liberal logic. Proves himself wrong.
So Walmart offers what it deems appropriate for PT workers who about 1/2 sign up for. Then ACA forces WM to offer something that they can't afford/don't want to pay for. Now they cancel their benefit and funnel people to the marketplace where healthy, middle class workers pay the burden of subsidies.
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