Skip to comments.Surprise! Walmart health plan is cheaper, offers more coverage than Obamacare
Posted on 01/07/2014 1:32:37 PM PST by Hojczyk
New Obamacare health insurance enrollees may feel a pang of envy when they eye the coverage plans offered by Walmart to its employees.
For many years, the giant discount retailer has been the target of unions and liberal activists notorious for failing to provide health benefits and "substandard.
But a Washington Examiner comparison of the two health insurance programs found that Walmart's plan is more affordable and provides significantly better access to high-quality medical care than Obamacare.
Walmart offers its employees two standard plans, a Health Reimbursement Account and an alternative it calls "HRA High" that costs more out of employees' pockets but has lower deductibles. Blue Cross Blue Shield manages both plans nationally.
Also offered is a Health Savings Account plan that includes high deductibles but allows tax-free dollars to be used for coverage.
For a monthly premium as low as roughly $40, an individual who is a Walmart HRA plan enrollee can obtain full-service coverage through a Blue Cross Blue Shield preferred provider organization. A family can get coverage for about $160 per month.
Unlike Obamacare, there are no income eligibility requirements. Age and gender do not alter premium rates. The company plan is the same for all of Walmart's 1.1 million enrolled employees and their dependents, from its cashiers to its CEO.
A Journal of the American Medical Association analysis from September showed that unsubsidized Obamacare enrollees will face monthly premiums that are five to nine times higher than Walmart premiums.
JAMA found the unsubsidized premium for a nonsmoking gouple age 60 can cost $1,365 per month versus the Walmart cost of about $134 for the same couple.
The medical journal reported a 30-year-old smoker would pay up to $428 per month, in contrast to roughly $70 each month for a Walmart employee.
(Excerpt) Read more at washingtonexaminer.com ...
It will all change next year???? They will have to meet the Obamacare plan????
Not really a shocker, but funny. The private sector always does it better.
This is one story that won’t be seen in the MSM.
That’s because it was “Made in China”.
It could change. We’ll all find out in October when it comes time to start renewing health plans for businesses.
Great! where do I sign up?
a government plan is going to be based off the lowest denominator so it casts a wide net. Probably just about any company plan is going to beat Osamacare..
But the left hates Walmart, and so Walmart is bad and so is their plan.
Besides, the 0bama plan takes money from those who work and gives it to those who vote democrat.
And the left REALLY hates that.
In fact, they get vehemently angry when someone “encroaches” on what they see as a government function.
Face Palm time
Walmart health plan is cheaper, offers more coverage than Obamacare
Ahhh... but does it cover contraception and abortificents?
Will it survive the employer-based OCare shredder coming later this year?
I betcha it's much easier to to find a doctor who will accept Blue Cross Blue Shield than to find one who will accept Obamacare, too!
Why? obamacare plans are stuff like Blue cross and other major companies.
I think we’d better off letting Walmart run health care.
I am not even mildly surprised.
But I’ll bet the Wal-Mart plan is substandard by ObaMao definition in that it doesn’t cover unlimited drug treatment, sex change operations, abortions and Sandra Fluke style birth control . . .
Really if Wallmart was smart they would sell healthcare in the store to customers....you know they could out preform anything the goverment did..if the criteria was it be self supporting
Running elections, too.
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