Some Stores Opt Not to Offer Health Benefits

target-2013

Target is just one of many retail stores no longer offering health care benefits to part-time employees. Instead, employers are encouraging workers to apply for coverage under the Affordable Healthcare Act. According to Target’s Human Resources Executive V-P, fewer than 10-percent of the company’s total workforce participate in the part-time plan. In an online notice, the H-R Department says employees can find cheaper coverage options through the Affordable Healthcare Act exchanges. Target says it will provide a one-time 5-hundred-dollar cash payment to part-time workers currently enrolled in the plan, which will end on April 1. They have hired a benefits firm to provide support in signing up for alternate coverage.