Yup, more ObamaCrapCare collateral damage.
Target is going to stop offering health care to it’s part-time employees starting April 1.
Target stated that “by offering them insurance, we could actually disqualify many of them from being eligible for newly available subsidies that could reduce their overall health insurance expense.”
A piece of the Affordable Care Act says that starting in 2015, companies with 50 or more employees must provide all full-time workers with affordable health care or face a fine as high as $3,000 per-employee. This decision also comes after Staples was accused of cutting employee hours as a preemptive measure against the upcoming changes in health care law, causing outrage among their employees. Home Depot and Trader Joe’s have also recently announced plans to cut benefits for part-time employees.