1/21/2014

More fallout from Obamacare: Target Corp drops part-time employees from its healthcare plan

From The Hill newspaper:
Target Corp. announced on Tuesday it would no longer offer healthcare coverage to its part-time employees. 
In a blog post on the company’s website, Jodee Kozlak, the executive vice president of human resources, framed it as a positive development for part-time employees of the company. 
“The Health Insurance Marketplaces provides new options for healthcare coverage that we believe our part-time members may prefer,” she wrote. “In fact, by offering them insurance, we could actually disqualify many of them from being eligible for newly available subsidies that could reduce their overall health insurance expense.” . . . 
“Our decision to discontinue this benefit comes after careful consideration of the impact to our stores’ part-time team members and to Target, the new options available for our part-time team, and the historically low number of team members who elected to enroll in the part-time plan,” Kozlak continued. . . .  
Still, the announcement could reignite criticism over President Obama’s pledge that if you like your plan, you can keep it. . . . 

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