Yet financial pressures on insurers continue to increase premiums and potentially squeeze reimbursement rates for clinical laboratories and pathology groups shoppers expect to find low prices on the retailer’s shelves, but the discounter’s full-time employees may be surprised to learn their company healthcare plan is also a low-cost leader. This is a significant finding and is significant for and managers because the Walmart health benefit plan includes an expanded provider network, at a premium that is about half of the subsidized rate for a comparable health plan at Healthcare.gov. A analysis comparing Walmart’s employee health insurance program with Obamacare—more formerly referred to as the —found that “Walmart’s plan is more affordable and provides significantly better access to high-quality medical care than Obamacare.” The report also noted that Walmart’s participation in a national healthcare network means employees typically choose from a list of participating providers and high-profile hospitals that dwarfs the number of options on Obamacare exchanges. Independent Health Insurance Examiners Find Walmart’s Health Plans Superior According to the Washington Examiner’s report, Walmart offers its employees the choice of two plans that are managed by: 1. An “HRA High,” which features similar coverage, but with higher out-of-pocket expenses and lower deductibles.
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