If you like your plan: Target has announced that it is ending health care insurance for its part-time workers on April 1 – the day after open enrollment for 2014 closes under the Affordable Care Act.
The company joins Trader Joe’s Co., Home Depot Inc. and other U.S. retailers that have scaled back benefits in response to changes from Obamacare. s health plans now, according to a posting yesterday on the Minneapolis-based company’s Web site.
Target is the second-largest U.S. discount retailer by sales and had about 361,000 total employees last fiscal year, according to data compiled by Bloomberg. According to the company, many of its part-time workers may prefer coverage from the federal health law’s exchanges, and by offering them insurance, “we could actually disqualify many of them from being eligible” for subsidies under ObamaCare. Source: Bloomberg News
I wanted to publicly say how much I appreciate Georgia Public Policy Foundation. For those of you that will be entering the Legislature or are relatively new you may not quite yet appreciate how much we rely on Georgia Public Policy Foundation’s research and work. As you know we’re a citizen’s legislature. We have very little staff. They have been an invaluable, invaluable resource to us. To put this [Forum] on and the regular programs that they do throughout the year make us better at what we do. (At the 2012 Georgia Legislative Policy Forum.)