Cost of Obamacare: Walmart Employees

Cost of Obamacare: Walmart Employees

Posted in the Cookeville Forum

First Prev
of 3
Next Last
WTH

Cookeville, TN

#1 Nov 14, 2012
Cost of Obamacare: Walmart Employees Healthcare Costs Skyrocket
Every day since the election, it seems as though there is a new story about the effects of Obama’s policies on Americans. Today, yet another new story came out detailing the destructive consequences of Obamacare and Obama’s socialist policies.
First, it was Applebee’s and Papa John’s, then it was small business layoffs, now it’s food stamps and Walmart employee healthcare costs. According to cnbc.com :
“Wal-Mart Stores’ U.S. employees will pay between 8 percent and 36 percent more in premiums for its medical coverage in 2013, prompting some of the 1.4 million workers at the nation’s largest private employer to say they will forego coverage altogether.”
In addition to this, part-time employees will have to work 30 hours a week instead of the previous 24 hours in order to qualify for coverage. Walmart is taking these measures–as well as others–in order to adjust for the costs of Obamacare.
According to cnbc.com ,
“Colby Harris, a 22-year-old…was set to see his cost per paycheck rise to $29.60 from $25.40. He says he has decided not to sign up for coverage. Given his low income, as Harris foregoes coverage any major medical bills could potentially fall to taxpayers through the government’s Medicaid program.”
What is happening here is exactly what I expected would happen. Obamacare has already begun to drive up the costs of healthcare. The money for healthcare has to come from somewhere. Whether it is being funded through our taxes or through fees on businesses, the cost is still passed on to the consumer.
In the end, what does that accomplish? Proponents of socialized healthcare argue that it is for the good of everyone; that this way, everyone can have “quality coverage.” What we see in reality is higher taxes, fees on businesses, and in the end, bankruptcy and diminished quality of care. This is obvious to anyone who has researched Canadian or European style healthcare, but flies over the heads of many Americans.
There are many ways by which the cost of healthcare can be reduced: cross-state insurance sales, Tort reform, means testing, etc. So what is the true interest in socialized healthcare? It’s a power grab. It is a way for the government to have more control. The Left believes that the government is the solution, when in reality, it damages and ultimately kills everything it gets its hands on. Obviously, government is necessary, but it must be reigned in.
We may have crossed a threshold with this election. If Obamacare grows roots, it will challenge and ultimately drain the life from our economy. We chose the wrong path, and it’s going to take a while to find our way back. But it’s never to late. The next two to four years may seem like an eternity to wait, but Conservatives must persist, and never lose enthusiasm
I’ll leave you with one of my favorite quotes by F. Scott Fitzgerald:“Never confuse a single defeat with a final defeat.”
Dodd

Cookeville, TN

#2 Nov 14, 2012
Obamacare to Jack Up Insurance Premiums

If you haven’t already heard from your employer about open enrollment — well, brace yourself. Premiums are high and rising. According to a survey from the National Business Group on Health, employers expect their health insurance costs to increase 7%. And, 60% of those employers plan to ask workers to pay higher monthly premiums.
Case in point, Wal-Mart stores – the Bentonville, Arkansas based retailer and the nation’s largest employer – will ask employees to pay premiums that are eight% to 36% more next year. The company has said if you average costs over the more than one million employees who are covered – workers’ contributions will rise just 4.4%. According to an Aon Hewitt survey, premiums will rise 9% on average nationally.
Wal-Mart says it is trying to cope with rising medical costs which make up a huge chunk of the retailer’s costs. The company has gone so far as announcing the opening of six health centers where it will offer free heart and spine surgery to most employees.

And of course you have to keep paying whether you get it or not.
Mcjj

Cookeville, TN

#3 Nov 20, 2012
It should be interesting when we see the response from the Obama’s supports- When this ingenious plan of his, begins to take affect on their life’s
Deal With It

Cookeville, TN

#4 Nov 20, 2012
Mcjj wrote:
It should be interesting when we see the response from the Obama’s supports- When this ingenious plan of his, begins to take affect on their life’s
Republicans have lost the popular vote in the last 5 out of 6 elections. Deal with it!!!!
Mcjj

Cookeville, TN

#5 Nov 20, 2012
Deal With It wrote:
<quoted text>Republicans have lost the popular vote in the last 5 out of 6 elections. Deal with it!!!!
Doesn’t effect me. Your kind will deal with it. Good luck
Talley

Cookeville, TN

#6 Nov 20, 2012
Deal With It wrote:
<quoted text>Republicans have lost the popular vote in the last 5 out of 6 elections. Deal with it!!!!
I must be wrong but I could have swore that the Republicans still controled the congressional check-book.
The Namster is a lame duck.
Talley

Cookeville, TN

#7 Nov 20, 2012
Talley wrote:
<quoted text>I must be wrong but I could have swore that the Republicans still controled the congressional check-book.
The Namster is a lame duck.
Huh?
Lib

Lawndale, NC

#8 Nov 20, 2012
Me liberal
Me thought Obamacare wouldn't affect things
Me blame Repubwicans when it do

Since: Nov 12

Location hidden

#9 Nov 20, 2012
Yep everyday there's more stories about obamacare-----but none of them are based on facts. They're just made up garbage.
TGs

Cookeville, TN

#11 Nov 20, 2012
Teddy Bonkers wrote:
Yep everyday there's more stories about obamacare-----but none of them are based on facts. They're just made up garbage.
425 post?? You working OT LOL
puleeze

United States

#12 Nov 20, 2012
What kind of salary does Walmart CEO make?
Sandy

Cookeville, TN

#13 Nov 20, 2012
puleeze wrote:
What kind of salary does Walmart CEO make?
$18.7 million 2011
Akk

Cookeville, TN

#14 Nov 20, 2012
Teddy Bonkers wrote:
Yep everyday there's more stories about obamacare-----but none of them are based on facts. They're just made up garbage.
Didn’t you see the news Obama is resigning
puleeze

United States

#15 Nov 20, 2012
Sandy wrote:
<quoted text>$18.7 million 2011
Oh my, that is interesting. I wonder how he's cutting back In this difficult time? I'm sure if Walmart is having such a quandry on insuring their employees, that he must be sacrificing his benefits also, you think?
cowgirlup

Cookeville, TN

#16 Nov 20, 2012
Don't get me wrong, I hate Obama just as much as the next guy, but this is flawed.
I happen to work at walmart.
We signed up and selected our insurance choices back in October, before Obama was even reelected, and it really didn't change but a couple bucks from previous years.

Since: Nov 12

Location hidden

#17 Nov 20, 2012
Yep these idiots are too dumb to realize "obamacare" hasn't even begun yet. States have another year to set up their plans to carry out the new health care law.

By the way the ceo will make more in one hour than an average walmart employee will make in a year.
Lib

Lawndale, NC

#18 Nov 20, 2012
Me liberal
Me talk about what CEO makes even though it would be the same with or without Obamacare
Me completely ignore how employees will be affected by mandated Obamacare
Lol

Cookeville, TN

#19 Nov 20, 2012
Teddy Bonkers wrote:
Yep these idiots are too dumb to realize "obamacare" hasn't even begun yet. States have another year to set up their plans to carry out the new health care law.
By the way the ceo will make more in one hour than an average walmart employee will make in a year.
Dip wad ever time you post where it’s with your registered profile are some made up handle you use it shows on your profile lol 426 post in 7 days you are nuts
Real Deal 2

United States

#20 Nov 21, 2012
2 things to remember in life. At home, if Momma aint happy then nobody is happy. And in the Economy, if the rich( buissness owners and stock holders) aint happy, then nobody will be happy. So keep uping the taxes on the highest earner who already pay 90% of all taxes and force Obamacare on them and see what we all get.
waitasec

Cookeville, TN

#21 Nov 21, 2012
Did you hear? On news today (NPR)
If you have pre existing condition (Obamacare) you CAN be fired!

Tell me when this thread is updated:

Subscribe Now Add to my Tracker
First Prev
of 3
Next Last

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Cookeville Discussions

Title Updated Last By Comments
rehab at signature 5 min Loverboy 9
algood cheating while working 14 min Loverboy 2
Bankruptcy Lawyer 16 min SmallTownGirl 1
Trump that benefit the ultra-wealthy at the ex... 1 hr Sigmund 6
Hacked cellphone 2 hr templeton 2
Thief 2 hr templeton 5
Cell phones 2 hr templeton 8

Cookeville Jobs

More from around the web

Personal Finance

Cookeville Mortgages