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.