Thursday, July 2, 2009

Walmart...makes me laugh

SO, Walmart, the nations LARGEST private employer with 1.4 million employees is supportive of an employer mandate from congress for all employers to provide insurance. If only they were so accomodating to all of their employees. While I am not opposed to a mandate, I find it somewhat comical that a company with 36,000 employees on MEDICAID, yes, Medicaid, and has historically been somewhat reluctant to expand employee benefits would suddenly "see the light". I think that this is likely more of a power play by Walmart, to force some of their smaller competitors to provide benefits that they themselves are not even currently providing. I find it somewhat interesting considering that according to this article, only 53% of Walmart employees have health insurance sponsored by Wally, and 6% of their employee population is completely UNINSURED. Interesting statements made by them.

See more HERE

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