DarrylS

Not sure why, but they are pretty much endorsing the Obama Medical Insurance plan... maybe it is corporate guilt, or maybe they will start their own insurance company.. there has to be something in it for them.. most of the other retail giants were "flabbergasted"....

Wal-Mart Backs Drive to Make Companies Pay for Health Coverage - WSJ.com

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PatsFanInVa

Darryl, as to why - it's probably the same play Philip Morris is making on the tobacco legislation: The biggest company in a given sector that landed on its feet during the last downturn embraces a government initiative seemingly inimical to its interests, betting that it's even worse for a smaller company already closer to the brink, and therefore stands to scoop up the market share of competitors that can't adapt.

The other possibility is they did the math and realized that all in all, employers are going to get a boost out of the competitive and streamlining aspects of the program. They may even have a "pipe dream" of getting govt off their back, in the form of govt (single-payer) health care, although nobody envisions that option except our fringe righties.

PFnV

DarrylS

"inimical".. can honestly say never heard that word before, would like to say could add it to my vocabularly.. but will probably forget it 1/2 hour after I sign off...

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"Being the best doesn't mean you always win. It just means you win more than anyone else".. tweet from Kurt Warner to Tom Brady.

BelichickFan

Isn't this part more the Mitt Romney Plan ? I'm not from Mass so I don't know his "required insurance" as well as you guys.

I have no problem with requiring companies to offer insurance or requiring individuals to buy it (I know Romney did that too). But keep the Public Plan OUT because it will eat the private insurance and end with a single payer.

wistahpatsfan

OK...
Who are you and what did you do with BelichickFan?

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BelichickFan

I think I've been consistent on this given that they if someone chooses not to get insurance then taxpayers have to pay for it. If those who chose not to buy insurance got nothing if something happened then I wouldn't support mandating it.

efin98

Change out "got nothing" with "pays for everything"...choose not to buy insurance then you choose to pay for all care you should have to receive if you need medical help.

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BelichickFan

Right, what I meant was "if you can buy insurance and don't, you're on your own". If we're going to pay for their healthcare anyway then we have to require them to get insurance.

Stokes

This may be the reason, agree to this deal since it is more palatable to them than other options being considered:

"Wal-Mart's support for a broad mandate also appears to be aimed at beating back an alternative that may be less favorable to the company. The Senate Finance Committee is considering a measure expected to result in a more burdensome health-insurance requirement for companies that have lower-wage workers. The company's letter said: "any alternative to an employer mandate should not create barriers to hiring entry level employees."

Real World

Since when do we care what Walmart thinks?

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"The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him."
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