Walmart shifts health coverage costs

Posted by Follow My Eye Friday, 21 October 2011

New York-Walmart stores Inc., the country's largest private sector employer, is once again expanding coverage in health care for the future-significant premiums and part-time for many full-time workers.

Industry observers say the shifts might affect the millions of other workers have more than one company could replicate his moves on the fence.

Discounter, which employs more than 1.4 million workers, said that the changes were forced by the rising costs of health care. All future part-time employees working less than 24 hours a week, on average, will not be covered by the plan, next year.

Premiums will increase for many existing workers, and the company will reduce by half the amount it contributes to each worker to help pay for health care expenses not covered by their plan.


Tobacco users will see premiums more than double compared to increases of 41 per cent for single nonsmokers, according to make the change at Walmart, a group that is supported by the United Food and commercial International Association, which has been pressuring Walmart on worker's rights.

Greg Rossiter, Walmart, spokesman for the "health care costs continue to Go faster than anyone would like to see," said. "It is a difficult decision to raise prices. But we have the costs of the Administration and management of the balance between the quality and coverage.

He said the medical coverage of Walmart remains "up level" among his peers.

Number of companies have been looking for ways to reduce health care costs, and have been shifting more workload on their employees.


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