Unintended consequences of messing with a functioning private market...
Via
Breitbart:
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. …
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. …
Labor and health care experts
portrayed Walmart’s decision to exclude workers from its medical plans
as an attempt to limit costs while taking advantage of the national
health care reform known as Obamacare. Among the key features of
Obamacare is an expansion of Medicaid, the taxpayer-financed health
insurance program for poor people. Many of the Walmart workers who might
be dropped from the company’s health care plans earn so little that
they would qualify for the expanded Medicaid program, these experts
said.
