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Wal-Mart cuts health benefits for many part-timers

Health insuranceNEW YORK (AP) — Wal-Mart plans to eliminate health insurance coverage for some of its part-time U.S. employees in a move aimed at controlling rising health care costs of the nation’s largest private employer.

Wal-Mart tells The Associated Press that, starting January first, it will no longer offer health insurance to employees who work less than an average of 30 hours a week.

The move, which would affect 30,000 employees, follows similar decisions by Target, Home Depot and others to eliminate health insurance benefits for part-time employees. A senior manager says the company will use a third-party group to help part-time workers find insurance alternatives.

The announcement comes after Wal-Mart said far more U.S. employees and their families are enrolling in its health care plans than it had expected following rollout of the Affordable Care Act.

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