Wednesday, January 22, 2014
(Minneapolis, MN) -- Target is cutting off health coverage to its part-time workers. In a blog post, the company said that offering insurance could actually disqualify employees to be eligible for the governent subsidies available through the new healthcare exchanges. Target says less than 10 percent of its employees participate in the plan that's being discontinued. The retailer is the latest company to make changes in healthcare for its workers. In September, Home Depot announced they would be shifting healthcare for part-time workers to the new public marketplace exchanges.