Starbucks has announced what USA Today calls "sweeping changes to its benefits program Monday that will allow U.S. employees to choose from up to six different medical insurance providers instead of one."
The move comes after the coffee company already has announced wage increases for all its US store employees. The story notes that employees will "now be able to choose from five levels of medical coverage and three levels of dental and vision coverage." Individuals will be able to save as much as $800 a year with the new options, and families as much as $2600 a year; the options are open to any employee who works 20 hours a week or more.
USA Today writes that "the health care improvements are unusual because they come at a time when many companies have cut back on health care to try to control costs."
The move comes after the coffee company already has announced wage increases for all its US store employees. The story notes that employees will "now be able to choose from five levels of medical coverage and three levels of dental and vision coverage." Individuals will be able to save as much as $800 a year with the new options, and families as much as $2600 a year; the options are open to any employee who works 20 hours a week or more.
USA Today writes that "the health care improvements are unusual because they come at a time when many companies have cut back on health care to try to control costs."
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Of course, Starbucks also recently announced price increases on a number of its coffee products.
