Tuesday, November 13, 2012

Walmart raises healthcare premiums ahead of Obamacare

The tears, the wonderful tears. Eat it Obama voters.
Wal-Mart's most popular health insurance plan is going up by a couple of dollars a month as the retail giant seeks to manage costs ahead of the Affordable Health Care Act, and Wal-Mart employees, not surprisingly, aren't happy.

Reuters reports that Wal-Mart's U.S. employees will pay between 8 and 36 percent more in premiums for coverage beginning in 2013. Its most popular plan, which covers individuals, will cost $2 more per bi-weekly paycheck.

Wal-Mart has about 1.4 million U.S. workers, and many of them already are saying they'll have to drop their coverage.

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