JCN President Cited by Heartland Institute: “Walmart Cuts Insurance for Part-timers”
Job Creators Network President Alfredo Ortiz was recently cited in a piece by the Heartland Institute about the recent announcement by Walmart that it intends to cease providing health care benefits to part-time employees (excerpt):
Obamacare imposes costs on employers
The Affordable Care Act requires businesses with 50 or more employees to provide insurance for its workers or face a fine in 2015 for some businesses and in 2016 for others. Bernie Marcus, the co-founder of Home Depot who started the nonpartisan Job Creators Network, warned in January 2014 that, “Most Americans haven’t gotten the blow they’re going to get from Obamacare.”
Jobs Creators Network President Alfredo Ortiz said with the Affordable Care Act’s employer mandate kicking in Jan. 1, Walmart had no choice but to cut benefits.
“And we will probably see more companies making the same tough decisions,” Ortiz told Health Care News. “The decision by Walmart to end health insurance coverage for 30,000 part time employees to obey a government mandate is yet another example of bad public policy hurting good people. The Affordable Care Act is pushing Americans into part-time employment and forcing employers to cut health care for the very same employees. The problem is not what the federal health law tried to do, but what it failed to do – control skyrocketing health care costs. The ACA is simply adding more people to a complicated, burdensome and expensive health care system that has been broken for decades.”
(Read more at http://news.heartland.org/newspaper-article/2014/10/28/walmart-cuts-insurance-part-timers)