Thanks Barack. Wal-Mart to Drop Insurance for New Hires
Remember when Obama told you, over and over again, that you could keep your insurance under Obamacare.
It was a lie. Obama knew it was a lie.
He knew Obamacare would replace private policies. That was the plan all along.
Wal-MArt announced this week they would end insurance for new hires.
The Huffington Post reported:
Walmart, the nation’s largest private employer, plans to begin denying health insurance to newly hired employees who work fewer than 30 hours a week, according to a copy of the company’s policy obtained by The Huffington Post. …
Walmart declined to disclose how many of its roughly 1.4 million U.S. workers are vulnerable to losing medical insurance under its new policy. …
Labor and health care experts portrayed Walmart’s decision to exclude workers from its medical plans as an attempt to limit costs while taking advantage of the national health care reform known as Obamacare. Among the key features of Obamacare is an expansion of Medicaid, the taxpayer-financed health insurance program for poor people. Many of the Walmart workers who might be dropped from the company’s health care plans earn so little that they would qualify for the expanded Medicaid program, these experts said.