Target Drops Health Care For Part-timers

In fact, by offering them insurance, we could actually disqualify many of them from being eligible for newly available subsidies that could reduce their overall health insurance expense. In addition, the majority of our part-time team members who have been eligible for our health insurance coverage dont enroll. Today, less than 10 percent of our total team member population participates in our part-time plan. Theres no way to tell how many part-time Target employees will be losing the option of company-based health care on April 1 because of this decision. Target wouldnt say how many of its estimated 361,000 workers are part time, when Bloomberg asked. However, Obamacare gives those employees plenty of options, and Target will ease the transition with a $500 payment to each employee bumped from the plan. The news was met with anger from workers rights advocates. Forbes reported remarks by Carrie Gleason, executive director of the Retail Action Project, an activist group that has protested labor practices at Walmart and other companies: Major employers like Target should not be looking to taxpayers to subsidize an employee benefit they can more than afford to pay. Weve written before about how low pay in some industries puts a big burden on taxpayers. The Home Depot, Trader Joes, and Forever 21 are some of the other retail giants that have cut health care benefits for employees in response to the Affordable Care Act. What do you think? Is Target doing its part-time workers a favor by making them eligible to buy insurance on the marketplaces , where theyll likely qualify for a federal subsidy to help pay premiums?

total stranger http://finance.yahoo.com/news/target-drops-health-care-part-010423382.html

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