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Health care costs hit Wal-Mart profit
CNN.Money

Wal-Mart Stores says far more of its workers are signing up for its health care coverage than it expected. Because of that, the world’s largest retailer will earn less in the current fiscal year than it had previously promised investors.

While the requirement that employers provide health coverage has yet to take effect under Obamacare, the requirement that individuals have coverage has prompted people to compare plans available to them at work with plans offered on government exchanges.

Wal-Mart (WMT) workers can pay as little as $18 per paycheck to be covered by the lowest priced company plan.

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