Health Insurance Expansion
The leading distribution chain and probably the most successful in the United States, Wal-Mart had finally moved last year to expand the coverage of their employees’ health insurance benefits partly due to overwhelming public pressure. The company recently announced that at least one of the offered 50 health insurance plans of the company is availed of by its 600,000 workers.
This stunning number of health coverage is made possible by the company’s implementation of HDHPs or High Deductible Healthcare Plans wherein an employee would be paying as little as $5 a month for premiums. This strategy has not only placed the company in a better light in terms of public perception but has also provided its numerous employees with much needed benefits.