Whole Foods axing medical benefits for nearly 2,000 part-time staff

Amazon-owned Whole Foods will cut medical benefits for almost 2,000 part-time employees to "better meet the needs of our business," the company told Business Insider.

The benefit change, set to take effect Jan. 1, will affect roughly 2 percent of the workforce at Whole Foods. The change comes as Amazon pursues a health benefits venture with JPMorgan Chase and Berkshire Hathaway, called Haven.

"The small percentage of part-time team members ... who previously opted into medical benefits through Whole Foods Market's healthcare plan — less than 2 percent of our total workforce — will no longer be eligible to buy into medical coverage through the company," a Whole Foods spokesperson told Business Insider.

The benefits being cut are offered to part-time employees who clock at least 20 hours a week with the company. Employees working 30 hours per week or more won't be affected.

Read the full article here.

More articles on payers:
UnitedHealth confirms $3.2B Equian deal
10 states with the highest uninsured rates
Massachusetts hospital president: BCBS putting profits over patients

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months