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September 21, 2013

Trader Joe’s Dropping Health Coverage for Part-Time Employees

Trader Joe’s, one the United State’s leading grocery retailers announced in an internal memo that it will be dropping and/or reducing health care coverage for its part time workers starting at 30 hours a week or less. This comes after CEO Dan Bane agreed to cut workers a small supplemental check in an amount of $500.00 to help them find new coverage under the Affordable Care Act (Obamacare) in 2014.

Trader Joe’s executives argue that workers can “get a better deal [through the exchanges]” a senior spokesperson was quoted.

Trader Joe’s joins a long list of private and public companies that have reduced or cancelled health care coverage [...]

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