Benefit Changes for Wegmans' Part time Employees
Wegmans is changing its health insurance plans for part time employees.
The food market says it will continue to offer benefits for part timers, but only for those who work a minimum of 30 hours a week.
Before this change, Wegmans provided health benefits to employees who worked 20 hours a week or more. The company says the move won’t change its commitment to meeting the needs of its employees.
Michael King, of the Century Benefits Group, says Wegmans' decision to cut benefits is good.
"I feel that I may be beneficial from a cost perspective," says King. "The employees may get more bang for their buck from the subsidies they may receive from the Affordable Care Act, than what Wegmans is contributing toward the plan."
King says another plus for part time employees is they'll have more choices under the state's healthcare exchanges. And he adds those health care plans are portable, and can move with them to different employers.
Wegman's benefit change for part time employees takes effect in 2015.