Content about Greg Rossiter

October 21, 2011

Wal-Mart Stores is cutting back healthcare coverage for new part-time workers and significantly raising premiums for many new full-time associates, the New York Times reported.

New York City -- Wal-Mart Stores is cutting back healthcare coverage for new part-time workers and significantly raising premiums for many new full-time associates, the New York Times reported. It is a major turnaround for the retailer which, a few years back, under heavy criticism that many of its 1.4 million workers could not afford or did not qualify for coverage, expanded coverage for employees and their families. The move generated of flurry of positive publicity.