PRESS RELEASE: FEBRUARY 15, 2007

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Wal-Mart's record on health care

Recently, Wal-Mart confirmed that over half of its employees, 53 percent, are not covered under the company's health care plan.

Despite these shameful numbers, Wal-Mart is trying to mislead the public by falsely claiming that its health care plans have actually improved. Here are the facts. Last year, Wal-Mart told the press that it provided company health care to 638,000 employees. Now, Wal-Mart claims it provides company health care to only 636,391 employees, a decline of nearly 2,000 employees.

Contrary to Wal-Mart's publicity stunts, the reality is that the Wal-Mart health care crisis is getting worse. In fact, in the last few months, Wal-Mart has decided to eliminate its traditional and standard health care plans for all new hires leaving only a high-deductible, catastrophic health care plan and President Bush's privatized health savings accounts.

How many Wal-Mart employees can possibly afford a $1,000 deductible for individuals and a $3,000 deductible for families, when the average Wal-Mart Associate makes $2,000 below the poverty line for a family of four?

I would hope that with $11 billion in annual profits, Wal-Mart will stop its publicity stunts and start changing for the better by providing affordable health care to all of its employees.



 

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