More ObamaCare Side Effects: Walmart Ends Health Insurance for New Hires

From Big Government.

Walmart, the nation’s largest private employer, plans to begin denying health insurance to newly hired employees who work fewer than 30 hours a week, according to a copy of the company’s policy…

Walmart declined to disclose how many of its roughly 1.4 million U.S. workers are vulnerable to losing medical insurance under its new policy. …

Labor and health care experts portrayed Walmart’s decision to exclude workers from its medical plans as an attempt to limit costs while taking advantage of the national health care reform known as Obamacare. Among the key features of Obamacare is an expansion of Medicaid, the taxpayer-financed health insurance program for poor people. Many of the Walmart workers who might be dropped from the company’s health care plans earn so little that they would qualify for the expanded Medicaid program, these experts said.

Employers cannot afford the impending outrageous costs and people who might have been able to afford their employer’s insurance will now be placed on the government-controlled healthcare abyss.

Thanks, Obamabots.

Related posts:

http://sfcmac.wordpress.com/2012/11/16/thanks-unions-hostess-going-out-of-business/

http://sfcmac.wordpress.com/2012/09/27/the-reality-of-obamacare-family-premiums-increase-by-3000/

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