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Wal-Mart Cuts Health Care Benefits While Increasing Premiums! [View All]

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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-21-11 11:59 AM
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Wal-Mart Cuts Health Care Benefits While Increasing Premiums!
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Wal-Mart Cuts Some Health Care Benefits
By STEVEN GREENHOUSE and REED ABELSON
October 20, 2011

After trying to mollify its critics in recent years by offering better health care benefits to its employees, Wal-Mart is substantially rolling back coverage for part-time workers and significantly raising premiums for many full-time staff.

Citing rising costs, Wal-Mart, the nation’s largest private employer, told its employees this week that all future part-time employees who work less than 24 hours a week on average will no longer qualify for any of the company’s health insurance plans.

In addition, any new employees who average 24 hours to 33 hours a week will no longer be able to include a spouse as part of their health care plan, although children can still be covered.

In Wal-Mart’s 2012 health offerings, premiums will increase for some plans by more than 40 percent, although many of their workers pay relatively low premiums in comparison to more generous plans offered by other employers. But many Wal-Mart employees complain that their low premiums are accompanied by high deductibles that sometimes exceed 20 percent of their annual pay.

Read the full article at:

http://www.nytimes.com/2011/10/21/business/wal-mart-cut...



Walmart Associates:

We are an organization of Associates, for Associates, working together to help make Walmart a better place to work.

It’s an Organization United for Respect at Walmart – OUR Walmart – and we hope you’ll consider joining us today.

Associates from across the country are joining OUR Walmart to work for better wages, hours, and working conditions – and most importantly, for respect.

We know that only by standing together, within and across stores throughout the country, can we make things better and have the ability to make a change.



Visit the website at:

http://forrespect.org/speak-week/lp1 /

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  -Wal-Mart Cuts Health Care Benefits While Increasing Premiums! Better Believe It  Oct-21-11 11:59 AM   #0 
  - I agree that they're scum, but read this section.  SharonAnn   Oct-21-11 12:07 PM   #1 
  - But that's not the reason why Wal-Mart increased their premiums and cut benefits.  Better Believe It   Oct-21-11 12:19 PM   #6 
  - Had she been purchasing private insurance I would agree with you, but  Ruby the Liberal   Oct-21-11 12:56 PM   #11 
  - Deleted sub-thread  Name removed   Oct-21-11 12:07 PM   #2 
  - Walmart is shameful!  Wind Dancer   Oct-21-11 12:09 PM   #3 
  - It's happening everywhere...  Rene Descartes   Oct-21-11 12:12 PM   #4 
  - I would be more outraged if my government wasn't eating up most of  ChandlerJr   Oct-21-11 12:16 PM   #5 
  - Just about every Insurance Company, Drug Company, Hospital Assoc  OHdem10   Oct-21-11 12:19 PM   #7 
  - Getting there and staying there by trodding on the backs of labor  HereSince1628   Oct-21-11 12:30 PM   #8 
  - The State of Minnesota is threatening to do the same to its employees.  qb   Oct-21-11 12:46 PM   #9 
  - Whats the latest on the % of Walmart employees who are on assistance  Ruby the Liberal   Oct-21-11 12:53 PM   #10 
  - I haven't seen any update on that stat.  Better Believe It   Oct-21-11 09:33 PM   #13 
  - "Free trade" supporters need to think about he conditions under which Walmart crap is made  Romulox   Oct-21-11 01:44 PM   #12 
  - For the DU weekend crew  Better Believe It   Oct-22-11 09:20 AM   #14 
 

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