Posted 10/24/11 on Health Populi.
Walmart is increasing premium sharing costs for employees subscribing to health insurance, and cutting the benefit for part-timers.
Quoted in the New York Times, a company rep said, “over the last few years, we’ve all seen our health care rates increase and it’s probably not a surprise that this year will be no different. We made the difficult decision to raise rates that will affect our associates’ medical costs.” In so doing, Walmart told the Times that they will, “strike a balance between managing costs and providing quality care and coverage.”
Continue reading “Walmart’s Rolls Back Employee Health Insurance: Just Another Employer Facing Higher Health Care Costs?”