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Largest Private U.S. Employer Cuts Health Coverage

Reuters) – Wal-Mart Stores Inc will no longer offer health insurance to new part-time U.S. employees who work fewer than 24 hours a week and will charge workers who use tobacco more for coverage as healthcare costs rise, the company said on Friday.

Wal-Mart, the largest U.S. retailer and the nation’s largest private employer, is also slashing the amount that it puts in employees’ healthcare expense accounts by 50 percent.

http://health.yahoo.net/news/s/nm/us_walmart

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