Wal-Mart’s support for a broad health care mandate may be aimed at beating back an alternative that may be less favorable to the company.
SEIU President Andrew Stern and Wal-Mart have joined forces, breaking with most other companies to support President Obama’s plan requiring employers to provide health insurance to workers. The thing often forgotten is Wal-Mart’s horrible record on health care and its current move to make about 40 percent of its employees part-time and thus ineligible for benefits.
Read more at the Wal-Mart Watch Web site, and check out the Wal-Mart Health Care Fact Sheet.
The Wall Street Journal:
In a major break with most other large companies, Wal-Mart Stores Inc. Tuesday told the White House that it supports requiring employers to provide health insurance to workers, a centerpiece of President Barack Obama’s effort to provide near-universal coverage to Americans.
The support of Wal-Mart, the nation’s largest private employer, could give momentum to one of the most-contentious aspects of legislation taking shape in Congress to fix the health system. To help pay for covering the 46 million uninsured, lawmakers have proposed mandating that all but small employers provide insurance for workers or help pay for it.
Lobbies for large corporations have opposed the idea. The U.S. Chamber of Commerce has fought such a mandate, saying it would prompt companies to cut jobs, lower wages and possibly drive them out of business. Wal-Mart—which provides insurance to employees and wants to level the playing field with companies that don’t—on Tuesday delivered a letter to President Obama taking a different stance.