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Target to stop healthcare coverage for part-time workers
Reuters

Target Corp said it will stop offering health coverage to part-time workers, citing new public insurance exchanges floated by the U.S. government.

Less than 10 percent of the company’s 361,000 employees currently participate in the insurance plan that is being discontinued, Target said in a company blog post on Tuesday.

“By offering them insurance, we could actually disqualify many of them from being eligible for newly available subsidies that could reduce their overall health insurance expense,” Target said.

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