Wal-Mart Uses Obamacare Gains To Initiate Company Heath Care Losses For 30,000 Employees

The nation’s largest private employer is set to make some of very large cuts in health insurance coverage for some of its part-time employees in the United States. Starting January 1st, Wal-Mart will no longer offer health insurance to employees who work less than an average of 30 hours a week, affects 30,000 employees, or about 5 percent of Wal-Mart’s total part-time workforce. This is on top of scaling the number of part-time workers who were eligible for health insurance coverage since 2011, and following similar announcement cuts by some of their top competition, practically Target and Home Depot, who are working to completely eliminate health insurance benefits for part-time employees. The large potential trigger for a move of this magnitude is the observation from Wal-Mart as to the mass numbers of U.S. employees and their families are enrolling in health care plans under the Affordable Care Act, more commonly known as Obamacare.

THE CONVERSATION QUESTION: Is Obamacare A Real Reason Or A Convenient Excuse For Major Corporations To Drop Health Care Coverage To Part Time Workers?

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