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Kiran C asked in Politics & GovernmentPolitics · 8 years ago

If Obamacare is so bad, why is Walgreens copying them?

Walgreen is copying Obamacare by creating their exchanges and providing credits for employees to buy their own insurance like Obamacare.

"The exchange allows it to offer a wider array of insurance options and premiums to its workforce. They will have access to five different levels of coverage from a variety of insurers, said Ken Sperling, national exchanges strategy leader at Aon Hewitt, which will run the exchange for Walgreens. "

http://money.cnn.com/2013/09/18/news/economy/walgr...

Update:

@How would I Know

I have see no credible evidence to believe Obamacare will result in massive increases for most people. The numbers that you quote are usually based on cherry picked data, or based on only the group, young people, expected to see increase premiums. Most people including young people will have tax credits to avoid the sting of increased premiums for a better product.

Interesting note, the company Darden who owns Olive Garden who wanted to cut hours until they saw a customer backlash is on the same exchange as Walgreens. It appears instead of cutting hours the solution to join an exchange.

Update 2:

@Stuart

I see that in the link but that cannot be the answer because Walgreens could have just dumped their employees on the Obamacare exchange, given them money towards buying their own insurance and allowed the employees to use the tax credits as well.

5 Answers

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  • Anonymous
    8 years ago
    Favorite Answer

    Walgreens will contribute the same total share to health care benefits next year as is did this year, though it is not disclosing the size of the subsidy. Some employees, however, may see premiums rise if they pick a more generous plan, said spokesman Michael Polzin.

  • 8 years ago

    ROFL

    You do realize that they're doing this in order to deal with the massive increased in health insurance costs that the Obamacare scam has brought.. right?

    The Obamacare scam is driving up costs 40-80% ( depending on your state ).. Walgreen's is only only to subsidize what they were already paying.

    AKA the Obamacare scam is screwing over Walgreen employees.

  • Par 4
    Lv 7
    8 years ago

    Walgreens is forcing their employees to choose coverage THEY PICK.

    Hurray for options?

  • Anonymous
    8 years ago

    obama care is a disaster that is forcing businesses to make f/t employees into p/t employees. Obama loves it because it means more citizens on welfare and dependent on him rather than independent and able to stand against corruption.

  • Anonymous
    8 years ago

    and how's that working out for them?..Walgreens ain't exactly Walmart!

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