WalMart - WalMart What should this employer do regarding its health insurance plan Is it possible for it to keep costs low while providing

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
WalMart - What should this employer do regarding its health insurance plan? Is it possible for it to keep costs low while providing meaningful, affordable coverage to its employees ? 1. Frank, T.A. . “Brief History of WalMart”. Washington Monthly . (April 2006). http://www.reclaimdemocracy.org/walmart/2006/history.php Background Information - WalMart Founder Sam Walton’s cheap nature became the forefront of the WalMart way. Today WalMart’s slogan, “Save Money, Live Better” epitomizes WalMart’s main mission as a money saving retail store. 2. http://walmartstores.com/aboutus/297.aspx (I have not found information on how to cite this but I am looking into it) Background Information - WalMart The first WalMart store opened in 1962 in Arkansas. WalMart went public on the NYSE in 1972. By 1989 WalMart was operating in 27 states. By 2005 approximately 138 million customers visited Wal-Mart stores each week in the 3800 US stores and 3800 international stores. 3. Hoover’s – I don’t know how to cite this but I am looking into it. http://premium.hoovers.com/subscribe/co/factsheet.xhtml?ID=rrjfffhrshkkjs Background Information - WalMart Walmart is the world’s #1 retailer with 2.1 million employees and 8,400 stores. Although WalMart is the world leader Target, Costco, and Carrefour (international) are its competitors. As the world leader WalMart’s health benefit issues should seem like a no brainer to fix considering how much money is being made. Net income in 2010 was $14,848.0 million dollars. The first WalMart store opened in 1962 in Arkansas. WalMart went public on the NYSE in 1972. By 1989 WalMart was operating in 27 states. By 2005 approximately 138 million customers visited Wal-Mart stores each week in the 3800 US stores and 3800 international stores. 4. http://walmartwatch.com/issues/health_care/ Background Information – Health Insurance Plan Problem WalMart’s health insurance coverage is pails in comparison to the majority of large US firms. Only 50% of WalMart employees are covered b WalMart’s program compared to
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This document was uploaded on 10/27/2011 for the course MKT 291 at Miami University.

Page1 / 3

WalMart - WalMart What should this employer do regarding its health insurance plan Is it possible for it to keep costs low while providing

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online