Wal-Mart Health Cuts Reopen Obamacare Costs Debate

Wal-Mart Health Cuts Reopen Obamacare Costs Debate

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Companies, including Walmart, are cutting costs by removing part-time workers from benefits, a move seen across various retailers. This trend may lead to more employees using public exchanges, impacting Obamacare positively by offsetting costs. Companies are also exploring private exchanges and consumer-directed health plans to manage rising healthcare expenses.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common strategy companies are using to cut costs?

Expanding operations internationally

Removing part-time workers from benefits

Offering more benefits to full-time employees

Increasing salaries for part-time workers

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many employees are affected by Walmart's recent decision to cut benefits?

30,000 employees

1.4 million employees

500,000 employees

100,000 employees

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What might be a positive outcome of more employees enrolling in public exchanges?

Increased healthcare costs for everyone

Higher taxes for companies

Decreased availability of healthcare plans

Offsetting the costs of Obamacare

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What alternative are companies exploring instead of traditional health plans?

Reducing work hours

Offering gym memberships

Providing a stipend for health plans

Increasing vacation days

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected rise in healthcare costs according to the National Business Group on Health?

10%

8%

6.5%

3%