Personal Liberty Digest™ will be upgraded this weekend to reflect a dynamic new look and mobile-friendly viewing to enhance your experience! Plus, we'll be providing even more of the compelling content you've come to expect, delivered in a whole new way!

  Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

Walmart Reduces Its Healthcare Plans

BENTONVILLE, Ark., Oct. 21 (UPI) — Walmart, the world’s largest retailer and the largest U.S. employer, said it is drastically reducing its healthcare benefit plan.

The changes affect new workers, both part time and full time, The New York Times reported Friday.

New workers putting in an average of 24 hours per week or less will be cut out of the loop entirely, Walmart told employees. Fresh hires working 24-33 hours per week will be offered healthcare benefits for their children, but not their spouses. For full-time workers, premiums for many are rising sharply.

The company blamed higher costs.

“Over the last few years, we’ve all seen our healthcare rates increase and it’s probably not a surprise that this year will be no different,” said company spokesman Greg Rossiter.

“We made the difficult decision to raise rates that will affect our associates’ medical costs. The decisions made were not easy, but they strike a balance between managing costs and providing quality care and coverage,” he said.

Walmart declined to provide details on how many were affected by the changes, but in 2009 the company said 52 percent of its employees were signed up for a company healthcare plan. Today 1.4 million people are Walmart employees.

Compared with many companies, Walmart workers contribute less out of pocket for their healthcare plans, but many are unhappy with the coverage that sometimes includes a deductible equal to about 20 percent of their income.

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

Facebook Conversations

Join the Discussion:
View Comments to “Walmart Reduces Its Healthcare Plans”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.