Home Depot Sending 20,000 Part-Timers to Health Exchanges
Home Depot, the world's largest home improvement retailer, plans to end medical coverage for about 20,000 part-time employees and direct them to government-sponsored exchanges scheduled to open next month as companies revamp benefits to fit the U.S. Affordable Care Act. Employees with fewer than 30 hours a week will no longer be offered limited liability medical coverage, Stephen Holmes, a spokesman, said by telephone. About 5 percent of Atlanta-based Home Depot's 340,000 employees are enrolled in that plan.