Trader Joe's, the grocer once lauded for providing health care coverage to its part-time workers, is about to push those employees off its plan.
The popular store operates stores in Montgomery Village, Rockville, Bethesda and Silver Spring.
According to a memo
obtained by the Huffington Post, the company will stop
covering employees who work fewer than 30 hours per week.
The change is set for the start of 2014. Instead of insurance, workers instead will get a check for $500 in January.
"Depending on income you may earn outside of Trader Joe's, we believe that with the $500 from Trader Joe's and the tax credits available under the ACA, many of you should be able to obtain health care coverage at very little if any net cost to you," said Trader Joe CEO Dan Bane in the memo.
Companies with more than 50 employees are required to
provide health insurance under Obamacare. Trader Joe's full-time staff will
still get their company-based insurance.