365 Everyday Value: Whole Foods cuts back on employee health-care benefits
Whole Foods founder and CEO John Mackey has made no secret of his disdain for universal health care, and once presented his own company's employee plan as a proof of the genius of private insurance. But now, Mother Jones' John Harkinson has gotten hold of internal company documents showing that the company's employee scheme is faltering under the burden of rising costs, and Mackey is speciously blaming Obamacare. Moreover, he's resorting to that time-tested corporate method of skimping on health costs: he's hoping to shift to more part-time labor to avoid paying benefits. Classy!
All in all, the employee health-care debacle marks the most ignominious behavior from Mackey since he got busted inventing fake identities with which to shill Whole Foods stock in online forums.
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