- Make it harder to insure spouses. “Spouses are by far the most expensive plan members to cover...”
- Lower life insurance coverage.
- Use more part-time employees (because it takes longer for them to qualify for coverage).
- Push employees into Health Savings Accounts (as if they can afford them).
- Cut 401K matching from 4% to 3%.
- Encourage less-healthy employees to leave, thus saving their health care costs, by “[designing] all jobs to include some physical activity (e.g. all cashiers do some cart gathering),” and “dissuade unhealthy people from coming to work at Wal-Mart.” Sheesh.
Wal-Mart definitely has a self-inflicted image problem. Only 48% of eligible employees use their healthcare plan (vs. the national average of 68%). The memo further admits that “46 percent of Associates’ children are either on Medicaid or uninsured.”
Tell me again: in these days of runaway medical costs, when we spend more per capita for healthcare than any other developed nation and receive less for our trouble, when one of of five Americans can’t even afford health insurance, why a nationalized health care system is such a bad idea?