Home Depot Moves Health Coverage for Part-Timers to Exchanges and 2 Other Dow Movers to Watch
Home Depot Inc. (NYSE:HD): Current price $7.62
Home Depot spokesman Stephen Holmes told NBC that his company is transferring medical coverage for part-time workers to the new public marketplace exchanges prior to the rollout of new benefits requirements under the Affordable Care Act. The home improvement retail chain announced its decision following a similar announcement from Trader Joe’s. Home Depot’s modification will affect about 20,000 part-time employees who previously had chosen the limited liability medical plan offered by the company.