Via The Hill,
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.”
...
The company’s new policy goes into effect on April 1, 2014. Consumers have until mid-March to sign up for ObamaCare to be eligible for coverage this year.
Target said it has a transition program in place to “minimize any disruption and reduce confusion” for those who will no longer be eligible for the company’s healthcare plan.
The company will provide a $500 cash payment to employees losing coverage, as well as access to a benefits consultant.
Target stressed the company would not be reducing hours for any employees.
As usual, it's for your own good...
(Click link below to read more)
READ MORE Sphere: Related Content
No comments:
Post a Comment