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Wal-mart rolls back...health care for it's workers.

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James48 Donating Member (517 posts) Send PM | Profile | Ignore Sat Oct-22-11 09:03 AM
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Wal-mart rolls back...health care for it's workers.
Source: Associted Press

NEW YORK (AP) — Wal-Mart Stores Inc., the nation's largest private employer, is scaling back the eligibility of health care coverage offered to future part-timers and dramatically raising premiums for many of its full-time workers. Industry observers say the changes could have implications for millions of other workers, as more companies on the fence could replicate its moves.

The discounter, which employs more than 1.4 million workers, said the changes were forced by rising health care costs. All future part-time employees working less than 24 hours a week, on average, will not be covered under the plan, starting next year.
-snip-

"Wal-Mart's plan to roll back health care coverage for part-time workers and raise premiums for full-time employees should set off alarm bells for American workers," said Joseph Hansen, president of the UFCW in a statement." This lowering of working standards will have repercussions throughout the retail industry — particularly for part-time workers."

Read more: http://news.yahoo.com/wal-mart-trims-health-care-coverage-225625971.html



Sucks to be a Wal-mart employee. Time to O-R-G-A-N-I-Z-E.
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-22-11 09:04 AM
Response to Original message
1. recommend
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flamingdem Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-22-11 09:15 AM
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2. terrible considering
1. it's the only employment available for many especially in rural areas
2. many work there just for health insurance
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Skink Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-22-11 09:22 AM
Response to Original message
3. don't employers get incentives for adding people?
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Garion_55 Donating Member (269 posts) Send PM | Profile | Ignore Sat Oct-22-11 09:24 AM
Response to Original message
4. how long till some right wing kook
blames 'obamacare'?
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