Target--the latest chain to drop coverage for part-timers due to Obamacare.

[oreo]

Target is the latest retail giant to drop health coverage for part-time employees, citing changes under the health care law and low participation in its company health plans.

The company Tuesday night announced a plan to transition employees working fewer than 30 hours a week onto Obamacare health insurance exchanges, where they can get subsidized coverage.

Target said Tuesday night that just fewer than 10 percent of its employees bought into its health plan for part-time workers, and it said that many employees could get financial help in the exchanges, also known as marketplaces.

“Health care reform is transforming the benefits landscape and affecting how all employers, including Target, administer health benefits coverage,” Jodee Kozlak, Target vice president of human resources, wrote in a blog post. “Our decision to discontinue this benefit comes after careful consideration of the impact to our stores’ part-time team members and to Target, the new options available for our part-time team and the historically low number of team members who elected to enroll in the part-time plan.”

Target dropping health coverage for part-timers - Jason Millman - POLITICO.com

Well, I guess we knew this shoe was going to drop--now we'll wait to see how many employers across this country will be cutting employee hours (making full time employees part-time) so they can avoid the cost of Obamacare?