The Spectacle Blog

Oppresively Low Premiums

By on 9.28.06 | 2:10PM

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.

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