Walmart Healthcare Benefits - Up to the moment, Walmart has been giving healthcare benefits to a large count of its employees. However, as from next year, those will subside and people working as part-time employees will no longer receive the benefits, as it has been announced.
Walmart is one of the biggest employers in USA and today, October 7th they have announced that they will no longer be giving healthcare benefits as from January 1st 2015 to their part-time employees, which are an estimated amount of 30,000 people, according to ABC News.
The campaign is done due to the fact that Obama is trying to control the rising of health care costs, as the Huffington Post noted. The percentage of employees that are affected by this are about 5% of the total that Walmart controls.
Sally Welborn, Walmart's Senior Vice President of benefits has said about this decision, "we had to make some tough decisions. We are trying to balance the needs of (workers) as well as the costs of (workers) as well as the cost to Walmart."
The second part of what she shared was because Walmart is still trying to help out the part-time workers to find Health Care insurance of some kind through other means.
Still, this choice was not only made by Walmart in the healthcare benefits department, but also other large retailers like Target and Home Depot.
And this choice came after The Affordable Care act, for which most Americans must have a Health Insurance or they would have to pay a penalty. The problem is that there are too many families enrolled already with Walmart and they suffer a fallout for having to consider too many people.
Nevertheless, already from 2009, most of the other retailers have already cut out this healthcare benefit and actually, Walmart is one of the last to make this decision.
So, it's fair to say they kept hanging as long as possible.