Walmart Raises Employee Healthcare Premiums by up to 36%; Places further Restrictions on Eligibility | Common Dreams

“Walmart’s double-digit premium increases, increased deductibles and cutbacks for part-time employees seem really excessive given the company’s profits,” said Ross Eisenbrey, Vice President at the Economic Policy Institute. “These harsh benefit cuts are out of line with what’s actually required by the insurance market, which nationwide has had only single-digit cost increases. With wages and household incomes stagnant—as well as families still recovering from the recession—it’s a particularly bad time for a rich company like Walmart to be shifting more costs onto its employees.”

via Walmart Raises Employee Healthcare Premiums by up to 36%; Places further Restrictions on Eligibility | Common Dreams.

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