ObamaCare Rollout: Home Depot drops benefits: Part-timers can no longer get limited medical insurance (875 hits)
OBAMACARE ROLLOUT - Atlanta Journal-Constitution A1, "Home Depot is eliminating the limited medical insurance it offers its many part-time employees, forcing those workers to seek coverage from new public insurance marketplaces that open Oct. 1 or face a penalty. The Atlanta-based retailing giant said its move is in reaction to the new law on health care coverage, the Affordable Care Act, also known as Obamacare. Home Depot joins a growing list of corporations that have sliced or shifted their employee health insurance offerings ... The change affects about 20,000 part-time Home Depot workers nationwide who take the insurance coverage."
--WSJ lead story, "Pricing Glitch in Health Rollout," by Christopher Weaver, Timothy W. Martin and Jennifer Corbett Dooren: "Less than two weeks before the launch of insurance marketplaces created by the federal health overhaul, the government's software can't reliably determine how much people need to pay for coverage, according to insurance executives and people familiar with the program. Government officials and insurers were scrambling to iron out the pricing quirks ... to avoid alienating the initial wave of consumers. A failure by consumers to sign up online in the hotly anticipated early days of the 'exchanges' is worrisome to insurers, which are counting on enrollees for growth, and to the Obama administration, which made the exchanges a centerpiece of its sweeping health-care legislation. If not resolved by the Oct. 1 launch date, the problems could affect consumers in 36 states where the federal government is running all or part of the exchanges." http://on.wsj.com/18GR1o4
