More Employees Thrown to the Obamacare Exchanges
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Posted On: 09/21/2013 10:54:03 AM
More Employees Thrown to the Obamacare Exchanges
Crista Huff | Sep 21, 2013
The Home Depot, Inc., (SYMBOL: HD) and the headline says: "If you're one of the more than 250 million Americans who already have health insurance, you will keep your health insurance." – President Obama
Home Depot will be sending 20,000 part-time employees to the new insurance exchanges because the company is no longer allowed to offer limited liability medical coverage under the Affordable Care Act. Many restaurants and retailers will also be forced to discontinue offering part-timers their current medical benefits. Home Depot will continue to offer medical benefits to full-time employees, although the employees will now pay more for that coverage.
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