Full time employees have been dropped back to part time hours so that the franchise won’t have to cover them. It has been revealed that an Omaha, Nebraska owner of a Wendy’s franchise has the intention of slashing the hours of 300 full time employees in order to make them part time workers so that the company can avoid having to provide them with health insurance as required by the Affordable Care Act. The franchise is not required to have to provide part timers with medical benefits, which explains the…
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Health insurance decisions will need to be made by businesses
There is now less than a year for companies to decide on the employee benefit options they wish to provide. With New Year’s Day behind us, there is now less than one year before the heart of the healthcare reforms go into effect, causing companies to need to take a serious look at the health insurance benefits that they intend to offer once January 1, 2014 comes around. The overhaul to the system and the coverage laws will reshape the way American employers offer benefits. After the healthcare reforms go…
Read MoreHealth insurance law opposition causes harm to Darden Restaurants
The parent company of the Olive Garden and Red Lobster is seeing struggles from its resistance. Darden Restaurants has made a concerted effort to reject the healthcare law requirement that employers provide their workers with health insurance, and this has caused the company to experience a backlash that it may not have expected. Americans have been boycotting the restaurants in support of the hours and benefits of its workers. The company had previously announced its intentions to cut back the hours of its employees in order to ensure that it…
Read MoreHealth insurance policy changes at Walmart deny coverage to some new employees
This sends the burden of coverage for some workers to the new healthcare system and to Medicaid. The latest updates to Walmart’s company policy have revealed that the largest employer in the United States, Walmart, will not be providing health insurance to its new hires when they will be employed for a workweek that is shorter than 30 hours. The new policy will also allow coverage to be denied to current workers if their weekly hours fall. Employees whose hours drop below the 30 hours per week mark may also…
Read MoreAlabama State Employees Insurance Board facing “fiscal cliff”
State Employees Insurance Board foresees problems with the Affordable Care Act Alabama is facing a serious “fiscal cliff,” according to William Ashmore, CEO of the State Employees Insurance Board. Ashmore’s concerns largely revolve around the Affordable Care Act and what impact it may have on the health insurance being provided to employees of the state. Next year, the law is expected to enact new changes to the health insurance market, with some of those changes targeting the health insurance plans of state workers. These changes are expected to bring about…
Read MoreHealth insurance may get much more expensive for common care
Consumers expected to see major shift in health insurance costs in 18 months U.S. consumers may be in for a shock if they need to visit the hospital for any reason soon. Over the next 18 months, employer-sponsored health insurance is expected to become vastly more expensive as companies push workers to contribute more to their policies. Other companies are expected to drop coverage in an attempt to cut costs, driving workers to seek out policies from private insurance companies, which are also looking to limit their exposure to financial…
Read MoreEmployer-sponsored health insurance for government workers evolving
Employer-sponsored health insurance gap shortening between public and private sectors A new analysis from USA Today has found that many state and local governments throughout the country are saving significant amounts of money on employer-sponsored health insurance by cutting the benefits that are provided to workers. According to federal data, government workers typically have access to more generous health insurance benefits than those in the private sector. Several economic factors, such as a major recession, have encouraged states to make changes to the coverage they offer employees, in an attempt…
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