Wal-Mart adjusts health benefits for U.S. workers
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Wal-Mart Stores Inc on Tuesday announced adjustments to its health care plan which it said will save 1.3 million full and part-time U.S. workers about $25 million on generic prescription drugs next year.
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Wal-Mart's softening of its anti-union stance in China is positive and the All-China Federation of Trade Unions is willing to help workers of the world's biggest retailer to unionize, Xinhua news agency said Thursday.
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Wal-Mart, the nationâs largest private employer, said more than half of its U.S. workers had enrolled in the companyâs health insurance plan.
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Workers at the Tyson Foods Inc.  retail deli plant in Cherokee, Iowa, ratified a five-year labor agreement, which includes bonus pay, a competitive health-care plan, and a flexible retirement savings program, Tyson said on Thursday.
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Wal-Mart Stores Inc., faced with   accusations it provides inadequate health care for more than a   million U.S. employees, plans to announce a major health care   initiative on Thursday.
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Although Wal-Mart prefers to handle labor negotiations directly with individual employees, the world's largest retailer does not have a global anti-union policy, a company spokeswoman said Friday.
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The pilot program appeared to mark the first time that Wal-Mart has used its unrivaled influence in the U.S. economy to lower health care costs.
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Health insurance premiums rose five  times faster than U.S. workers' salaries this year, according  to a survey released on Thursday that also showed slippage in  the percentage of American workers covered by employer health  plans.
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More employers are offering this helpful benefit.
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US workers are paying more for health insurance and receiving less than they were four years ago and the situation is particularly acute in several states important in the presidential race, said a consumer group that has been critical
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Wal-Mart Stores Inc. , AT&amp;T Inc., Intel Corp. , and Kelly Services Inc. joined forces with two labor unions in calling for an overhaul of the US healthcare system that would guarantee universal coverage by 2012.
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Wal-Mart is adding $4 generic drugs to its health insurance plans and offering lower premiums and deductibles, the third consecutive year of changes to the employee health benefits that unions have criticized.
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AMERICANS have been pouring greater and greater portions of the their salaries into health care over the past few years. And what makes most employees sick is that they are getting less and less for their money.
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Weekly deductions for premiums, higher co-payments and deductibles are all part of the health care package now taking shape for Kroger workers, union officials say.
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Wal-Mart Stores Inc., the world's biggest retailer, gave ground to Chinese pressure Tuesday and said it would allow its workers to set up a trade union.
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Wal-Mart Stores Inc. is scaling back the health-care plans available to new employees, sparking fresh criticism over whether the giant retailer is providing adequate coverage to its workers.
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Wal-Mart Stores Inc. will next year   curtail the options that it offers newly hired workers for   health-care coverage, promoting a low-premium, high-deductible   plan, The Wall Street Journal reported on Thursday.