Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Health Insurance > Life Insurance Strategies

Retailer Reports Gains In Health Take-Up Rates

X
Your article was successfully shared with the contacts you provided.

Wal-Mart Stores Inc. says it has succeeded at increasing the percentage of workers who are signing up for medical insurance.

During the fall 2006 open enrollment period, 636,391 employees signed up for Wal-Mart health plans, up about 8% from the number who signed up for Wal-Mart coverage a year earlier, according to Wal-Mart, Bentonville, Ark.

The number who signed up for “associate plus children” coverage increased more than 11%, Wal-Mart says.

About 9.6% of Wal-Mart employees lack health coverage, but only 3.1% get health coverage from Medicaid or from state health insurance programs other than Medicaid, Wal-Mart reports.

About half of the new Wal-Mart plan enrollees were uninsured before they signed up for Wal-Mart plan coverage, and 7.8% were enrolled in Medicaid plans, Wal-Mart says.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.