Target Corp. will stop offering healthcare coverage to part-time workers, it announced Tuesday.
The decision comes on the heels of the launch of Obamacare, the President’s signature piece of legisation, which has caused much uproar due to its high costs and forced changes.
Target explained their decision on a blog post: "Our decision to discontinue this benefit comes after careful consideration of the impact to our stores’ part-time team members and to Target, the new options available for our part-time team, and the historically low number of team members who elected to enroll in the part-time plan."
The company said that less than ten percent of the company’s 361,000 employees currently participate in the health program that is being discontinued.
Target’s new healthcare policy will go into effect on April 1, 2014. Mid-March is the deadline for Americans to sign up for Obamacare and receive coverage this year.
To ease employees’ transitions from their current health insurance plan to a new one, the company has implemented a transition program. The purpose of the program is to "minimize any disruption and reduce confusion" the blog post said.