Wegman's Chop Health Benefits

[houcoogster]

Here we go companies will be doing this left and right very soon.

In this case they did their employees a big favor. IMO


Wegmans cuts health benefits for part-time workers - Business - The Buffalo News

 

[moonlightandmargaritas]

"However, part-time employees may actually benefit from Wegmans’ decision, according to Brian Murphy, a partner at Lawley Benefits Group, an insurance brokerage firm in Buffalo.

“If you have an employee that qualifies for subsidized coverage, they might be better off going with that than a limited part-time benefit,” Murphy said.

That’s because subsidized coverage can have a lower out-of-pocket cost for the insured employee while also providing better benefits than an employer-paid plan.

Under the Affordable Care Act, part-time employees are not eligible for health insurance subsidies if their employer offers insurance.

“It’s a win-win. The employee gets subsidized coverage, and the employer gets to lower costs,” Murphy said."

And the tax payers get screwed. Again.

 

[houcoogster]

“It’s a win-win. The employee gets subsidized coverage, and the employer gets to lower costs,” Murphy said."

And the tax payers get screwed. Again.

No no no Bernanke will just print more money nobody gets hurt.

 

[JMO Fan]

Consistent - doing what's best for their employees.

 

[LGilmore]

"It’s a win-win. The employee gets subsidized coverage, and the employer gets to lower costs,” Murphy said."

I read the article first, apparently saw the same thing others did. And this guy does group benefits?????

 

[AllenChicago]

Since the Wegman's plan was an Excellus BCBS PPO major medical, paid for by the company, it's doubtful that employees will be better off with a subsidized ObamaCare plan..

The obvious winner is Wegman's, in the short term.

ac

 

[stuy119]

Am I mistaken, or isn't Wegman's employee-owned? Interesting they would do this to the part-timers, if so.

 

[AllenChicago]

Am I mistaken, or isn't Wegman's employee-owned? Interesting they would do this to the part-timers, if so.

Family-Owned / Employee-Friendly The anti

 

[stuy119]

I was thinking of Woodman's.

 

[kevipai]

A win-win-win for both. It's why they offer exceptional benefits to both full-time and part-time eligible Wegmans employees, including Two generous health plans: A traditional PPO plan with low deductibles or an HSP with a lower weekly cost. Pre-tax spending accounts to help you get the most value.