Wal Mart has come out in support of a health care bill mandating coverage.
This employer is not exactly known for offering generous health benefits… most workers don’t seem to qualify given they have so many part time workers.
But this employer IS known for crushing their competition in every known way.
My guess is they’ll lobby for a plan like the one they have so they have no net tax impact (they think at least) but this type of legislation will likely destroy possible competition by adding an extra layer of overhead to any profit margin they might expect.
Call me cynical, but with Wal Mart already so big, why compete head to head when you can cut off competition from entering the race at all?
I believe that’s why Wal Mart is making their play now. To take the focus off what they don’t do and as an added benefit to eliminate potential competition.
Search Engine Joel on July 6th, 2009 at 4:53 pm
Wow, interesting… If companies are mandated to do this, smaller shops will definitely have a hard time competing… These are some crazy times we live in
Internet Search Phoenix on August 9th, 2009 at 5:30 am
Walmart is hard to compete with. The local chain in Arizona is finding out the hard way. It is about time Walmart stood behind something to help there employees.