Wal-Mart cuts some part-time health benefits [View all]
Source: usatoday
NEW YORK — Wal-Mart Stores 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.
Starting Jan. 1, Wal-Mart told The Associated Press that it will no longer offer health insurance to employees who work less than an average of 30 hours a week. The move, which would affect 30,000 employees, follows similar decisions by Target, Home Depot and others to eliminate health insurance benefits for part-time employees.
"We had to make some tough decisions," Sally Wellborn, Wal-Mart's senior vice president of benefits, told The Associated Press.
Wellborn says the company will use a third-party organization to help part-time workers find insurance alternatives: "We are trying to balance the needs of (workers) as well as the costs of (workers) as well as the cost to Wal-Mart."
Read more: http://www.usatoday.com/story/money/personalfinance/2014/10/07/wal-mart-health-benefits/16854801/
the company will use a third-party organization to help part-time workers
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