Business Insider reports that Wal-Mart, due to concern over its bottom line, rather than the health of its employees, decided to cut health insurance benefits for their part-time employees.
The announcement comes after Wal-Mart said far more US employees and their families were enrolling in its healthcare plans than it had expected following rollout of the Affordable Care Act. Wal-Mart, which employs about 1.4 million full- and part-time US workers, says about 1.2 million Wal-Mart workers and family members combined now participate in its healthcare plan.
That has had an impact on Wal-Mart's bottom line. Wal-Mart now expects the impact of higher healthcare costs to be about $500 million for the current fiscal year, or about $170 million higher than the original estimate of about $330 million that it gave in February.
Read more: http://www.businessinsider.com/...
To be clear, it's not Obamacare's fault for making Wal-mart do this. It's Wal-mart's own fault for its horrible employee treatment, lack of regard for public health, the safety of their own employees, and their greed that has lead them to this decision. If Medicaid was allowed to be expanded in ALL states (thanks SCOTUS), then this would be less of a concern.
However, since red states like Texas has not expanded Medicaid, it means that people that I know that work at Wal-Mart will be without health benefits for their families, and that they're SOL due to Republican governance.
Americans, this is what Republican governance gets you. This is what you get when you shop at a retailer like Wal-Mart. You help support their bad treatment of employees, and you indirectly give support to their campaigns against the minimum wage, against paid sick days, and other employee rights campaigns.