I guess you can call Trader Joe's the Bizarro Starbucks.
In a move many will read way too much into, Dan Bane, the feel good grocery chain's CEO, announced the company would cut its part-time workers a check and shoo them off to the exchanges.
"We believe that with the $500 from Trader Joe's and the tax credits available under the [Affordable Care Act], many of you should be able to obtain health care coverage at very little if any net cost to you," Bane wrote in a staff memo dated Aug. 30 — and as reported by The Hill.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
