CBNC reports:
Wal-Mart Stores’ U.S. employees will pay between 8 percent and 36 percent more in premiums for its medical coverage in 2013, prompting some of the 1.4 million workers at the nation’s largest private employer to say they will forego coverage altogether.“I really can’t even afford it now, so for it to go up even a dollar for me is a stretch,” said Colby Harris, who said he makes $8.90 per hour and takes home less than $20,000 per year working in the Walmart store’s produce department in Lancaster, Texas.
Harris, a 22-year-old smoker, was set to see his cost per paycheck rise to $29.60 from $25.40. He says he has decided not to sign up for coverage.
The same article also refers to Wal-Mart’s “two-week pay period.” So this guy is saying that he “can’t afford” to pay $15 per week for health insurance, and yet he somehow manages to pay for his cigarettes.
I wonder how much he spends on cigarettes each week. The article doesn’t say – but I’m guessing it’s more than $15.
