Wal-Mart Health Care Benefits Enrollment Rises, Uninsured Rate Declines
Posted on: Friday, 13 February 2009, 08:00 CST
Total associate health coverage increases to more than 94 percent
The company also announced that the number of uninsured associates has dropped by nearly 25 percent in the past year and by more than 40 percent between 2007 and 2009. Compared to the most recently reported data by the U.S. Census Bureau, Wal-Mart's uninsured rate of 5.5 percent is 11.3 percent lower than the uninsured rate nationwide for the U.S. employed population (16.8 percent). The percentage of U.S. employers who offer health benefits fell from 69 percent in 2000 to 63 percent in 2008, according to a Kaiser Family Foundation study.
"We're creating good jobs and providing good benefits for our associates at all levels of the company, from part-time hourly associates to full-time managers," said
This year, the company added more disease and illness prevention options including its new "Life with Baby" program which helps mothers and their babies get a healthy start on the child's life. Life with Baby provides free, personalized counseling and advice by a professional nurse through pre-conception, pregnancy, postpartum and early childhood development. Wal-Mart also introduced several benefits innovations, including personalized health records (PHRs) to help associates keep track of their medical files and make more informed health care decisions.
"Since we began offering PHRs just a few months ago, more than 50,000 of our associates have signed up, which we believe demonstrates that consumers are ready and willing to use technology to take control of their own health and wellness," said
Additional information and graphs about the findings of the open enrollment survey are available on www.walmartfacts.com.
*Wal-Mart's enrollment period was from
About Wal-Mart Stores, Inc. (NYSE: WMT)
Every week, millions of customers visit Wal-Mart Stores, Supercenters, Neighborhood Markets, and Sam's Club locations across America or log on to its online store at www.walmart.com. The company and its Foundation are committed to a philosophy of giving back locally. Wal-Mart (NYSE: WMT) is proud to support the causes that are important to customers and associates right in their own neighborhoods, and last year gave more than
SOURCE Wal-Mart Stores, Inc.
Source: PR Newswire
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