Walmart & Their Group Health Insurance

insurehound

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Here's an interesting article on what Wal-Mart is facing. I wish I had these benefits. Even though they are not a Union shop, I see that they use a Union-sponsored Health program. Interesting.

Wal-Mart pays for preventive care such as routine checkups. However, workers must pay deductibles of at least $1,750 before Wal-Mart covers 80 percent of the cost of other care, such as doctor visits and diagnostic tests.

The retailer will also defray some costs with a separate contribution of $250 or $500 for individuals, and double that range for families.

Harris, a 22-year-old smoker, was set to see his cost per paycheck rise to $29.60 from $25.40. He says he has decided not to sign up for coverage. Given his low income, as Harris foregoes coverage any major medical bills could potentially fall to taxpayers through the government's Medicaid program.

Maybe Harris should consider cutting back on his smoking and perhaps his smartphone usage? No? Priorities, priorities.

Wal-Mart Employees to Pay More for Health-Care Plans - US Business News - CNBC
 
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