Are some companies moving workers to the exchanges?

Several companies announced plans recently to move workers to exchanges. Home improvement retailer Home Depot plans to shift about 20,000 part-time employees with fewer than 30 hours per week to government-sponsored exchanges, ending company-sponsored medical coverage for those workers. Grocer Trader Joe's also announced plans to end health benefits for part-timers, who will each get $500 a year to purchase health care on an exchange. Others that are directing workers to private exchanges include drugstore chain Walgreen, Sears Holdings and Darden Restaurants. Walgreen plans to give its 160,000 employees a fixed amount to buy health insurance through a private exchange.
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