Walmart responded to criticism of how it treats workers a few years ago by developing a special health plan for part-time workers. The company later supported efforts to pass the bills that created the Patient Protection and Affordable Care Act (PPACA) — Obamacare. Now Walmart says all employees hired after Feb. 1, 2012, who can be classified as part-time workers will have to get their health coverage from the new PPACA exchanges.
The United State is not near the top of this list.
The rules might exclude entities with large U.S. insurance underwriting operations.
Organizations in the mix include Sun Life U.S., LifeQuotes.com, Allsup, Cigna and MetLife.
Sponsored by Fidelity Investments
Get insights into the mindset that’s driving today’s advisors to make a move--and help realize their unique business vision.
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.