Examiner Study: Walmart Health Plans Better than Obamacare
Walmart is offering better and cheaper healthcare insurance coverage for its more than one million employees than plans competing under Obamacare, the Washington Examiner reports.
A comparison by the newspaper found that Walmart’s plans are more affordable and provide better access to doctors and hospitals than the plans offered under the Affordable Care Act.
The Examiner asked health policy experts and independent insurance agents affiliated with the National Association of Health Underwriters to study the plans to see which, if any, were better.
Walmart has two plans from Blue Cross Blue Shield — one called the Health Reimbursement Account (HRA) and another it calls HRA High, which cost employees more but have lower deductibles. Individuals can receive coverage for as little as $40 a month while a family plan costs about $160 a month.
The Walmart plans, which are offered to 1.1 million enrolled employees, differ from Obamacare in that age and gender do not affect premium rates and there are no income eligibility requirements.
A Journal of the American Medical Association (JAMA) analysis found that unsubsidized Obamacare enrollees will face monthly premiums five to nine times higher than Walmart premiums.
Read Latest Breaking News from Newsmax.com https://www.newsmax.com/US/walmart-healthcare-insurance-plans/2014/01/07/id/545728#ixzz2pv41g4cm