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Wal-Mart has faith in Obamacare

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One of the most underreported stories about the failure of our health care system is that in each and every case for-profit corporations are to blame. Now that the Affordable Care Act is law those same corporations are creating problems for uninsured Americans due to incompetence. Yet they know that Obamacare is good for business and their bottom line.

Consider the following:

Private health insurers with their rules to disallow coverage and bad faith corporate standards led to a crisis as American suffered due to limits on pre-existing conditions, lifetime caps and aggressive attempts to deny coverage.

Private for-profit non-union employers provide health insurance benefits that are designed to be unaffordable so that employees will rely on the social safety net.

Private contractors botched the Obamacare rollout creating delays. Incredibly not one CEO lost his job or was penalized for their incompetence.

Wal-Mart one of the most egregious employers and corporate players knows that Obamacare is good for business; specifically their business.

With that in mind Wal-Mart has announced they have faith in Obamacare and despite the failures of private health insurers to issue documentation in an efficient manner to Americans covered through the ACA health exchange they will advance credit confident payment will be made.

John Agwunobi, Senior Vice President and President, Health & Wellness, Wal-Mart U.S. issued the following statement New Year's Eve in support of Obamacare:

"Customers who have signed up for the public health exchanges should be able to access their benefits immediately. That's why, starting tomorrow through the end of January, we will fill up to a 30-day supply of prescriptions with no upfront cost to customers who have enrolled but have not yet received their plan identification information from their insurance providers. "Our pharmacists will also provide assistance in verifying enrollment and will be available to help answer questions about the new insurance plans."

Wal-Mart continues to be an example of America at its worst yet when it comes to making money they know Obamacare is good for business.



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