MENU

      Target part-time employees search for insurance

      <font size="2">Target says they will give each part-time worker $500 to help buy insurance.</font>


      Target is dropping health insurance for its part-time employees beginning April 1.


      The retailer says it will stop offering health insurance to part-time workers because new online health exchanges offer them an opportunity to buy coverage.


      About 10 percent of total employees have used the part-time coverage.


      Target says they will give each part-time worker $500 to help buy insurance. They have arranged for one-on-one consultations with a benefits manager to help with the transition.


      Target is the latest company to scale back benefits in response to the Affordable Care Act.


      (The Associated Press contributed to this article)

      READ: 2 nabbed at Texas border in Target data breach case

      component-story-more_media_horiz-v1-01
      FOLLOW US ON TWITTER