A bill before Kentucky’s General Assembly follows Maryland’s lead to require Wal-Mart to spend more on health insurance for employees and would require employers with 10,000 or more workers to spend at least 8 percent of their payrolls on health insurance or pay the difference into a state Medicaid fund.
Wal-Mart Stores are actually the only employer in Maryland affected by the legislation.
Three national restaurant associations, The National Retail Federation, the National Restaurant Association and the International Franchise Association have created a coalition to oppose the legislation.
“If retailers are hit with this extra cost, this is going to put them in a position to raise prices for consumers or lay off workers,” J. Craig Shearman, vice president of government relations at the retailers’ federation told the New York Times.
Topics Kentucky
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