ATLANTA — Home Depot Inc., the world’s largest home improvement retailer, plans to end medical coverage for about 20,000 part-time employees and direct them to government-sponsored exchanges scheduled to open next month as companies revamp benefits to fit the U.S. Affordable Care Act.
Employees with fewer than 30 hours a week will no longer be offered limited liability medical coverage, a company spokesman said. About 5 percent of Home Depot’s 340,000 employees are enrolled in that plan.
Home Depot said it is maintaining coverage for full-time workers, though those people will pay more next year, reflecting a rise in the cost of health care.
Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. Comments that violate these standards, or our privacy statement or visitor's agreement, are subject to being removed and commenters are subject to being banned. To post comments, you must be a registered user on toledoblade.com. To find out more, please visit the FAQ.