Target to pull health coverage from part-time workers [View all]
Source: Twin Cities.com/Pioneer Press
Target Corp. said Tuesday it will stop offering health insurance coverage for its part-time workers, effective April 1.
Instead, the Minneapolis-based discounter is offering $500 to employees who are losing their coverage, and directing them to seek coverage through health insurance marketplaces run by states or the federal government.
"Health care reform is transforming the benefits landscape and affecting how all employers, including Target, administer health benefits coverage," Target's vice president of human resources, Jodee Kozlak, said Tuesday on its corporate blog.
"Our decision to discontinue this benefit comes after careful consideration of the impact to our stores' part-time team members and to Target, the new options available for our part-time team, and the historically low number of team members who elected to enroll in the part-time plan."
Target said less than 10 percent of its workforce currently enrolls in its part-timer health insurance plan.
Read more: http://www.twincities.com/business/ci_24959284/target-pull-health-coverage-from-part-time-workers?source=nav
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