Faced with employees upset by its decision to drop health insurance for part-timers, grocer Trader Joe’s has invited workers who may face higher premiums on the Obamacare insurance exchanges to apply for additional subsidies from the company, according to a memo obtained by HuffPost.
Late last month, Trader Joe’s informed part-time employees that as of next year, they would no longer be eligible for company-sponsored health plans. Although employees averaging 18 hours a week had traditionally qualified for the plan, workers with less than 30 hours a week learned they would be given a check for $500 and nudged into state-run insurance exchanges created by the Affordable Care Act.
The health care reform law mandates that companies with 50 or more full-time employees offer coverage to workers logging at least 30 hours a week or face penalties, though the Obama administration has chosen to delay that rule for a year.
James' World 2 