Everyone knows Walmart has awful health insurance. We hear about that all the time. Walmart provides lousy insurance for its poorly paid workers who aren't allowed to join the Service Employees International Union and organize for better benefits. That's why every Walmart store should be scrubbed from the face of the earth, at least according to some who hate Walmart.
A
Washington Examiner comparison of the two health insurance programs found that Walmart's plan is more affordable and provides significantly better access to high-quality medical care than Obamacare.
A Journal of the American Medical Association analysis from September showed that unsubsidized Obamacare enrollees will face monthly premiums that are five to nine times higher than Walmart premiums.
JAMA found the unsubsidized premium for a nonsmoking gouple (sic) age 60 can cost $1,365 per month versus the Walmart cost of about $134 for the same couple.
The medical journal reported a 30-year-old smoker would pay up to $428 per month, in contrast to roughly $70 each month for a Walmart employee. A family of four could pay a $962 premium, but the same Walmart family member would pay about $160.
Sidebar: The AMA actively supported the passage of the Affordable Care Act, largely because there is
big money in it for the AMA.
Worse yet, the AMA has become an arm—sometimes a strong-arm –of the government. Under the balanced budget act, there is a fixed pot of money for physician reimbursement. In this fixed pot scenario, if internists, for example, are to be paid more for their patient care, someone else—general surgeons say—must be paid less. Needless to say, everyone wants a seat at the table when the government money is doled out, and who is more knowledgeable to be in charge than…you guessed it– the AMA. Theoretically, all specialty areas of medicine have representation in this process, however, that is not always the case. According to the AMA rules, if a specialty society doesn’t maintain a certain level of AMA membership among its members it loses its seat on the bargaining committee. In other words, the AMA says, “Belong to us or you won’t get paid.”
