Free Republic

As the 800-pound gorilla of retailers, Wal-Mart made national headlines when it announced on Tuesday that it was cutting the health benefits for its 30,000 employees who work fewer than 30 hours a week. A company blog post put the move down to rising healthcare costs, but the 30-hour cut-off gives a clue as to the real cause - President Barack Obama's healthcare reform. Under the Affordable Care Act, large companies are required, starting this January, to provide subsidised healthcare for every employee who works 30-hours a week or more. As the Atlantic's David A Graham notes, many of the...

Walmart announced today that as of the beginning of next year it will be dropping health insurance for 30,000 employees who work less than 30 hours per week. So why is this a good thing? It may involve some hassle for individual employees, as they’ll have to go to the exchange to figure out what plan to get. But most of those Walmart workers will likely come out ahead. Someone who’s earning $9 an hour working 30 hours a week at a Walmart would be making $13,500 a year. Depending on what their spouse makes and what state they’re in,...