Wal-Mart is cutting back on its health insurance options for
new employees, restricting them to two plans with high deducibles
but low monthly premiums:
“We’ve done the math on this, and we have a pretty good
understanding of what this is going to mean,” [Wal-Mart spokeman]
Dan Fogleman said. “Most associates are going to come out better on
this.”
Of course, you know who is unhappy:
“Wal-Mart is cruelly hurting its employees, cutting
health-care options and shifting costs on to the American
taxpayer,” said Paul Blank, campaign director for Wake-Up
Wal-Mart.