1,000,000 + Attorneys and Legal Staff - Legal employers hire more people on LawCrossing than any other site.
$62.5 Million Settlement Approved in Case Against Wells Fargo
$62.5 Million Settlement Approved in Case Against Wells Fargo
Rosen Law Firm PA Investigating Possible Fraud on Part of SeaWorld
Rosen Law Firm PA Investigating Possible Fraud on Part of SeaWorld
PriceWaterhouseCoopers to Pay $25 Million Following Investigation
PriceWaterhouseCoopers to Pay $25 Million Following Investigation
Former Amazon Employee’s Non-Compete Clause Source of Contention for Google and Amazon
Former Amazon Employee’s Non-Compete Clause Source of Contention...
Job Listings

120,000 Walgreens Employees Get on Board with Private Health Care

facebooktwittergoogle_plusredditpinterestlinkedinmail

Walgreens Co. is shifting approximately 120,000 of its employees to private health insurance exchange. The Walgreens employees will be moved from direct carriers of health insurance along with “17 other large employers…as part of a growing movement to offer employees fixed dollar amounts to purchase their own plans on such exchanges.” This plan will definitely be more cost effective to the company, whose bottom line is surely affected by the rise in health care and related health costs for its employees.

Employees will choose what level of coverage they want and pay more or less depending on their choice. With the new arrangement, they actually will get more choices regarding who their health care providers are, as well as what their deductibles are etc.

Paul Fronstin, senior research associate with the Employee Benefit Research Institute asks, “what happens to employer contributions over time? Will they put in as much as they put in the past? These are unanswered questions but potential negatives.” At this time Walgreens’ cost-savings and benefit in this new deal are not clear.

According to Accenture Research, in a few years time, almost 20 percent of employees nationwide can attain their health insurance through a private exchange.

What

 job title, keywords

Where

 city, state, zip



Get JD Journal in Your Mail
Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!


By 2015, more than 30 percent of large employers will also move in this direction. Walgreens is the largest drug retailing chain in the United States. They operate 8300 stores in the 50 states, including Puerto Rico and Guam. Their 2012 revenue was recorded at 71 billion dollars.

120,000 Walgreens Employees Get on Board with Private Health Care by

facebooktwittergoogle_plusredditpinterestlinkedinmail

Tagged: , , , , , , ,

Jaan Posted by on September 19, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

 

 

Job of the Day
Real Estate Associate
USA-TX-Dallas

Our client is a north Dallas law firm who seeks a Real Estate Development Associate.  The ideal candidate will have 2-4 years law firm experience concentrated in representing real estate develope...