{{ AFP National Site
s

Home Depot to cut benefit for part-time workers

September 23, 2013 J

The Associated Press

ATLANTA — Atlanta-based Home Depot is eliminating the limited medical insurance is has offered to its many part-time employees.

The change means those workers will either seek coverage from new public insurance marketplaces that open Oct. 1 or face a penalty, The Atlanta Journal-Constitution reported (http://bit.ly/1aYXouD ).

The retailer said its decision is in response to the new law on health care coverage, the Affordable Care Act.

Home Depot joins a growing list of corporations that have cut back on or shifted their employee health insurance offerings. Some have cited potential savings and others are pointing to better employee benefits as reasons for their decision.

The change affects about 20,000 part-time Home Depot workers nationwide who take the insurance coverage.

The company would not disclose how much it will save by dropping the insurance.

Read more here: http://www.bellinghamherald.com/2013/09/20/3214637/home-depot-to-cut-benefit-for.html#storylink=cpy

 continue reading here

Like this post? Chip in $5 to AFP.

Join Our Fight

The road to economic freedom starts here.
Join a network of AFP activists in important issue battles across the country, get the inside scoop with breaking news updates and policy alerts, and be the first to hear about special events near your home.  Help us fight for a better tomorrow.  Together, we can work for lower taxes, less government spending, and greater economic freedom for everyone.

Your Information

[contact-form-7 id="544" title="Subscribe"] ×