Big Thank You to Barack Obama … Walmart Will not Offer Health Insurance to New Employees, Will Shift Them to To Medicaid, Obamacare

Welcome to the Barack Obama economy … 

Thanks Barack Obama, this was the ultimate outcome with Obamacare where companies would not provide insurance to their employees. Obama promised that people would not lose their insurance. Guess what, he lied. Wal-Mart announced this week they would end insurance for new hires. What else is a business to do but to look out after their bottom line to remain profitable? What a disaster Barack Obama has perpetrated on the American public. He has created a part-time employment nation. Worse yet, many folks are going to be tossed on Medicaid thanks to Obamacare. And you saps actually thought that you were going to be able to keep your insurance and doctors. I guess there really is a sucker born every minute or in this case 62,615,406 suckers.

Remember when Obama promised that Obamacare would allow you to keep your doctor and insurance plan?

Video Hat Tip: The Gateway Pundit

Walmart, the nation’s largest private employer, plans to begin denying health insurance to newly hired employees who work fewer than 30 hours a week, according to a copy of the company’s policy obtained by The Huffington Post.

Under the policy, slated to take effect in January, Walmart also reserves the right to eliminate health care coverage for certain workers if their average workweek dips below 30 hours — something that happens with regularity and at the direction of company managers.

Walmart declined to disclose how many of its roughly 1.4 million U.S. workers are vulnerable to losing medical insurance under its new policy. In an emailed statement, company spokesman David Tovar said Walmart had “made a business decision” not to respond to questions from The Huffington Post and accused the publication of unfair coverage.

Labor and health care experts portrayed Walmart’s decision to exclude workers from its medical plans as an attempt to limit costs while taking advantage of the national health care reform known as Obamacare. Among the key features of Obamacare is an expansion of Medicaid, the taxpayer-financed health insurance program for poor people. Many of the Walmart workers who might be dropped from the company’s health care plans earn so little that they would qualify for the expanded Medicaid program, these experts said.