Wal-Mart Stores, Inc. surprised US companies this week by backing President Obama’s health care plan which, in part, requires all but small employers to provide insurance coverage for workers. ”As a company, we believe the present health-care system is unsustainable and making the country’s businesses less competitive in the global economy,” said Wal-Mart. However, some believe this is simply Wal-Mart’s strategy to circumvent a measure that is being considered by the Senate Finance Committee which will result in more burdensome health insurance requirements for companies that employ lower-wage workers. Whatever the case may be, it is the rising cost of health care in this country that is hurting both businesses and workers – by restricting wages and growth of businesses. Good health is not a commodity, an economic product that can only be purchased by those with wealth. Companies should not be making money off of our health care needs.
Read more and share your comments here.
Dr. Steven Chang, the author of DailyDose, is a staff physician with Kosmix RightHealth. Dr. Chang practices Family Medicine at the University of California Davis Medical Center, where his medical interests include both pediatric and geriatric care, public health, gay and lesbian health, and sleep medicine. Dr. Chang trained at the Stanford University affiliated O'Connor Hospital, and was a research fellow at the National Institute of Health. He holds an M.D. from McGill University and a BA in Public Health from Johns Hopkins University.