Wednesday, January 22, 2014

Citing Obamacare, Target drops health coverage for part-timers

Offers subsidy to workers who use new exchanges

Washington 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 $500 cash payment to each employee that loses coverage. 


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