Home Depot sends part-time workers to public healthcare exchanges

Home Depot will be shifting health coverage for roughly 20,000 part-time workers, who will qualify to seek plans on the new public marketplace exchanges under the Affordable Care Act, according to mutliple media reports.

The part-timers were previously covered under a limited liability medical plan that provided coverage of up to $20,000. Companies will be unable to offer these plans after Dec. 31. Enrollment for government-subsidized healthcare begins Oct. 1.

Though health coverage will be cut for part-timers, Home Depot will continue providing dental, vision, critical illness, disability, back-up dependent care and enrollment in Future Builder 401(k) plans. Part-time workers make up about 5% of Home Depot's total workforce.

Speculation regarding the change is varied. Some experts believe the exchanges will offer better coverage at a lower cost, while others worry that an unintended consequence of the law will involve more big businesses opting out of coverage for part-timers.

Home Depot spokesperson Stephen Holmes told HCN that workers will have more options for comprehensive coverage on the new marketplace.

Home Depot's announcement comes on the heels of a similar move by Trader Joe's, whose part-time workers will also seek coverage on the public exchanges. Some employers, most notably Walgreens, will offer insurance through a private exchange called the Aon Hewitt Corporate Health Exchange.


- 1:01 PM
lovie says

Hopefully they are also covered with fair health care services and they will also have rights of access in any medical facility regardless of their status.

Lovie Of http://www.interactivecare.ca/
"health service management personnel"

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