Target claims that it’s ending its health-insurance offers to part-time employees because Obamacare health insurance is the better option. To help with the change, Target is giving any part-time employee who had health insurance through the company $500. Target says that only around 10% of its part-time employees are enrolled in health insurance through the company, reports The Washington Times.
Target also noted that it will continue to offer vacation, dental, disability, life insurance and 401(k) benefits to part-time employees, The Washington Times notes.
TGT shares were down slightly as of Thursday afternoon.
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