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Blue on
ObamaCare Fallout: Walmart Ends Insurance For New Hires
CEDAR FALLS, Iowa (AP) — Cedar Falls plans to reduce dozens of part-time
public employees' hours in order to avoid having to offer them
insurance under a requirement of
the federal health care overhaul Obamacare set to
take effect in 2014.
Cedar Falls Administrative Services
Director Richard McAlister said the reduction in hours for 59 workers is
necessary because if all of them opted for insurance that must be
offered under
the federal law Obamacare, the city could face an additional
$855,000 annual cost, the Waterloo-Cedar Falls Courier reported
Wednesday (http://bit.ly/UccSOX ). McAlister said that would require
employee layoffs.
The part-time employees aren't currently
eligible for health insurance, but
the new federal law Obamacare will require
employers to offer insurance to part-timers who work 30 or more hours
per week. The city can avoid the requirement by cutting part-timers'
hours from 32 to 29 hours a week.
The times, they are a changin'...
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