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Minneapolis-based Target, the second-largest discount retailer in the countryafterr Wal-Mart, can “conceptually” accept an employeer mandate, the reports said. Target refused to commenty further, stating that they are monitoring developmentzssurrounding employer-mandated health care coverage and are waiting until details of the proposed legislationh are available. However, in a May 18 news release abouty a partnership between Target and RedBrick Healtbh to pilot awellnese program, Target laid out its stance on healthj care reform.
“Target believes that simply expanding accessx to the current system is not sustainable and will result in highed costsfor everyone,” according to the news release. “As a result, Targetg supports a national framework for healthg care thatallows multi-state employers to offer consistent and uniform benefits in a cost-effective manner.” But Targer said they would first have to see the conditionsd attached to the mandatd before giving it their according to the Bloomberg.com, repory The issue of providing mandatory medical insurance has splitt big-business interests, as President Barack Obamz pushes health care reforms.
While Obama has told lawmakeres that he is open to requiring largre companies to providehealth coverage, he woulcd exempt small businesses. Wal-Mart sent a letter to Obama on June 30 supporting mandatory medical calling Obama’s proposal fair and adding that the requiremenft would ultimately save companies money. The retailing giant’w move was surprising to many, and drew criticism from the NationalRetailk Federation, which opposes the measure.
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