Shocker: Thanks To Obamacare, Walmart Cutting Health Insurance For Part-Time Employees
Obamacare was sold as legislation that would make health insurance, and health care, more affordable and easier to get. Unfortunately, the exact opposite is proving to be true, with health insurance and health care costs going through the roof.
And now employers, like Walmart, are looking at avoiding the law’s costly mandates by dropping health insurance for previously covered employees.
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 obtained by The Huffington Post.
Under the policy, slated to take effect in January, Walmart also reserves the right to eliminate health care coverage for certain workers if their average workweek dips below 30 hours — something that happens with regularity and at the direction of company managers.
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.
The left will blame Walmart for this, which will ignore that Obamacare was the impetus for Walmart’s decision. Supporters of Obamacare seem to believe that the law can impose costly new mandates, and that the employment/insurance/health care markets will just sit still for it. But markets are dynamic. New mandates are going to increase the cost of insurance and care. Higher costs for insurance and cares will lead employers to find ways to avoid those costs.
This was all very predictable. What’s a little scary is that this is probably exactly what Democrats wanted. Destroy private health insurance so that that, in response, the government can implement yet another “fix” that will move us closer to nationalized health care.
Obamacare was never really anything more than a stepping stone.Tags: Health Care, health insurance, obamacare, walmart