Why Is Wal-Mart Endorsing Employer Mandated Healthcare?
Wal-Mart and the Service Employees International Union (SEIU) sent a joint letter to President Obama on Tuesday telling him they endorse requiring large companies to provide health insurance for employees. My first response after reading an article in the New York Times about the Wal-Mart/SEIU letter is not printable. However, I will give you the PG version: What the heck?! I am not surprised that Wal-Mart teamed up with SEIU because in 2007 Wal-Mart and SEIU took part in a campaigned called “Better Health Care Together.” The goal of the campaign was to extend healthcare coverage to all Americans by 2012. I am surprised that Wal-Mart is endorsing an employer mandate. Let me give you a few facts about Wal-Mart before I proceed with this article. Wal-Mart is the largest private employer in the U.S. with 1.4 million employees. According to the NY Times article, 53 percent of its employees are currently insured through the company, all together, 94 percent have some insurance– including 36
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