Citing Obamacare, Target drops health coverage for part-timers
Offers subsidy to workers who use new exchanges
Times, by Tom Howell, Jr., January 22, 2014
Target stores has decided
to drop its health plan for part-time workers, citing low participation and new
options for those employees in the Obamacare marketplace. In a blog post, the large retailer said it will
ease the transition by doling out a $500cashpayment to each employee that loses coverage.