Thanks To ObamaCare, Many Will Lose Health Coverage

[Geee]

Investors Business Daily:

Wal-Mart just announced that it will not offer health insurance to new employees who work less than 30 hours a week. It's reserved the right to do the same for existing workers.

For these new policies, Wal-Mart's employees can thank ObamaCare.

The federal health reform law's "employer mandate" requires companies with over 50 employees to provide insurance for anyone working 30 or more hours a week or face fines. That creates a strong incentive for companies to push their workers into a workweek fewer than 30 hours — and thereby avoid the additional costs ObamaCare intends to saddle them with.

Wal-Mart isn't alone. The employer mandate will make it harder for many businesses to operate efficiently, to hire new employees — or to ensure that existing employees can stay on full time.

[clearvision]

Don't blame them, but they also ended up supporting O'care back when the bill was being worked on. Now almost seems like it was all part of the plan.