‘The Question Is Whether You Guys Are Shopping Effectively’

Obamacare by from Investor's Business Daily, October 7, 2014

Wal-Mart says it’s cutting health benefits to part-timers and boosting worker premiums. If a retail empire built on low prices can’t find a way around Obamacare’s added costs, we are all doomed.

The world’s biggest retailer announced this week that its health costs will be about 48% higher for the current fiscal year than it had expected in February. As a result, it’s cutting 30,000 part-timers from its health benefit plan, raising worker-paid premiums by 19% and trimming its co-payment for health costs above the deductible.

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