Wal-Mart cuts health benefits for many part-timers - WRCBtv.com | Chattanooga News, Weather & Sports

Wal-Mart cuts health benefits for many part-timers

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NEW YORK (AP) - Wal-Mart 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.

Wal-Mart tells The Associated Press that, starting January first, 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. A senior manager says the company will use a third-party group to help part-time workers find insurance alternatives.

The announcement comes after Wal-Mart said far more U.S. employees and their families are enrolling in its health care plans than it had expected following rollout of the Affordable Care Act.


Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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