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Walmart plans to eliminate health insurance coverage for 30,000 employees

bigbadjohn45

All American
Jul 9, 2010
4,301
24
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RUSH: Here's the Walmart story, by the way. It's an AP story: "Walmart Stores Inc. plans to eliminate health insurance coverage for some of its part-time US employees in a move aimed at --" wait for it "-- controlling rising health care costs of the nation's largest private employer. Walmart told The Associated Press that starting Jan. 1, it will no longer offer health insurance to employees who work less than an average of 30 hours a week. The move affects 30,000 employees ... follows similar decisions by Target, Home Depot and others to completely eliminate health insurance benefits for part-time employees. 'We had to make some tough decisions,' Sally Welborn, Walmart's senior vice president of benefits, told The Associated Press.

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She says the company "will use a third-party organization to help part-time workers find insurance alternatives: 'We are trying to balance the needs of (workers) as well as the costs of (workers) as well as the cost to Walmart.'"

Now, this is nothing new. I mean, everybody knew that because of Obamacare, if you have part time workers, you don't have to insure 'em, part-time defined as anything under 30 hours a week. In other words, Walmart can do this because of Obamacare, and that's one of the reasons why they supported it, which a lot of people at the time said, "Wait a minute," scratched their heads, "Wait a minute, wait a minute, Walmart, Big Business, getting in bed with this administration? How does that work?"

Normally everybody thinks American corporations want as much distance between themselves and the government as they can get. We're free enterprise. Stay away from us. In this case we saw a number of major American corporations sidling up to the Regime, a whole host of reasons. Obamacare, corporate cronyism, any number of reasons why. It's a pretty recent major shift. And now they've got the law to fall back on. "Well, it says right there in Obamacare that we don't have to provide insurance."

Now, remember what the premise of Obamacare was, folks. As Obama's out there telling you about it and selling it to you and the Democrat Party's doing the same thing, what are they telling you? If you like your plan, you can keep it. If you like your doctor, you can keep your doctor. You're not gonna be subject to any changes if you like 'em. And then they said if you change your policy, then that deal is off. Well, you had no choice but to change your policy because your provider changed it. All it took was change one tiny little term in your coverage and that constitutes bye-bye grandfathered clause where you can keep what you had. So the fix was built in that you weren't gonna be able to keep what you had.

But beyond that, what else was Obamacare gonna do? In addition to letting you keep your doctor and your insurance plan, Obamacare was gonna insure the poor. Remember? Obamacare was gonna insure the uninsured. Obamacare was gonna provide coverage for the people in our country who really need it, the victims of all of this capitalism over these years, the left-out, the needy, the hungry, the thirsty, the forgotten. Obamacare was gonna see to it that they were not forgotten. And now what's going to happen, the number of people who do not have health insurance is going to rise, and it's gonna rise a lot. The very premise under which most people were lied to to support this thing, and most people didn't support it, by the way, and they never have, turns out to be, sadly, very untrue.

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Related Links

AP: WalMart Cuts Health Benefits for Some Part-Timers
 
The irony of the ACA is we will have the same number uninsured as before the bill was signed. Walmart isn't stupid. If I was a business, why on earth would I provide health insurance to PT employees with all the requirements. It doesn't make business sense.

The numbers of folks that will be dropped between now and next March is gonna be a very big number.
 
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