I read this article with interest since Walmart sets trends and Wall Street has its eye on this conglomerate.
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2005/10/25/BUGV7FDB421.DTLCome January 1st employees will pay $25 per month for insurance - although it is mentioned that there are high deductibles and that most employees have low salaries.
I recall a year or so ago the major grocery store chains here in California going on strike for months in order to maintain their health insurance without an increase on their share of cost.
Recently GM just made a deal with their union to have their workers pay a share of the cost of the health insurance premiums. This was unusual since the employees did not have to pay, something most employees in this country do have deductions for.
Interesting reading and I will be watching the stock market as this goes into effect. Not that I have purchased any stocks, but still a start and hopefully more options will be coming the way of the employees.
We stopped a Walmart from coming to downtown Los Angeles. I like Target and have only shopped at Walmart twice in my lifetime. Once in Orlando when I lived there in 95 and then in 96 as I was driving across country I spotted one from the freeway and stopped for a break.
