Target to drop health insurance coverage for part-time workers

On Tuesday, the Target Corporation announced it will no longer offer health care coverage to it's part-time employees, those working less than 30 hours each week.

This new policy is effective today, April 1, 2014.

The Minnesota-based discount chain joins other retailers such as Trader Joe's Co. and Home Depot in putting an end to health care benefits for their part-time staff members.

The retail giant scaled back the benefits in response to coverage changes from 'Obamacare', formally known as the 'Affordable Care Act', according to Target human resources representatives.

Under this healthcare legislation, companies are not required to cover part-time workers and if they choose to anyway, they can face fines up to $3,000 per worker.

 

 

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