Odd, I had a decision or two to make about Ms. "Well Born" but none of them were the least bit difficult.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.
"We had to make some tough decisions," Sally Welborn, Wal-Mart's senior vice president of benefits, told The Associated Press.
AP via ABC
1 comment:
So...will part-time workers see any of that loss of benefit/wage returned to them through increased wages?
Corporations are such socialists when it comes to spending the public's money.
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