The New York Times had an article today on WalMart's shameless method of offloading the healthcare of its workers onto Medicaid. Especially ludicrous was their contention that their healthcare plan was affordable for their workforce:
But critics say the reality for too many Wal-Mart workers and their families is no insurance - either because they are unable to meet the company's eligibility requirements or because they cannot afford monthly premiums as high as $264 a month for family coverage on an $8-an-hour cashier's wage. Wal-Mart says its employees make $10 an hour on average.
Let's see. My FEHB family plan (you know, the one that Kerry wants you to be allowed to buy into) costs me $105 biweekly, which works out to $193.85 per month. And I make, well, um, ok I'm not going to post it on my blog but let's just go with it being quite a bit more than any WalMart employee outside of the executive class. I, perhaps, could afford the WalMart family plan, but I can't see too many cashiers being able to buy into it.
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