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Wednesday, July 1, 2009

Walmart agrees Obama’s health insurance proposals

WASHINGTON — Walmart is the latest traditionally Republican-leaning businesses to embrace key portions of President Barack Obama’s bid to overhaul health care. It’s a trend that could complicate opponents’ efforts to build a united front when Congress ramps up its work on the issue.

Walmart, the nation’s largest private employer, Tuesday endorsed the idea of requiring large companies to offer health insurance to their workers. The proposal is central to Obama’s hopes of covering the nation’s nearly 50 million uninsured and is disliked by some business groups.

Walmart was joined by a major labor union that sometimes has criticized the company’s relatively stingy employee benefits.

Change of position

The big retailer is not the only one-time opponent of health care revisions to embrace at least some aspects of Obama’s proposals. The major group representing pharmaceutical makers recently said it would reduce senior citizens’ costs for prescription drugs by $80 billion over 10 years. And major groups representing doctors, hospitals and other providers have pledged to reduce health care costs by large amounts.

Nearly all these groups opposed efforts to overhaul the nation’s health care system during the Clinton administration in 1993-94. But with better prospects for a health care bill this time, many businesses and industries want to be part of the plan.


by the associated press

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