2008 Open Enrollment Data Shows That 92.7 Percent of Wal-Mart Associates Now Have...

2008 Open Enrollment Data Shows That 92.7 Percent of Wal-Mart Associates Now
Have Health Coverage
Number of uninsured associates drops by more than 20 percent

BENTONVILLE, Ark., Jan. 22 /PRNewswire-FirstCall/ -- Wal-Mart Stores,
Inc., (NYSE: WMT) announced today that the number of associates who now have
health care coverage through its new associate-tailored plans for 2008 or
another source has significantly increased from 90.4 percent to 92.7 percent,
and the number of uninsured associates decreased by more than 20 percent,
compared to one year ago.
"Over the past few years, we've spent a lot of time listening to our
associates and working closely with them to design a benefits package that
better meets their needs," said Linda Dillman, executive vice president of
benefits and risk management for Wal-Mart Stores, Inc. "Just as in the last
few years, we are pleased to see an increase in enrollment numbers. With
690,970 associates -- and more than 1.1 million associates and dependants in
total -- now covered by Wal-Mart's plans, we can see that the improvements
we've made are being embraced by our associates and their families."
According to data collected in a survey during the fall 2007 open
enrollment period, more than 30,000 associates who chose Wal-Mart's coverage
for the first time reported being previously uninsured.
During the past year, the percentage of associates who reported having no
coverage declined from 9.6 percent to 7.3 percent -- a figure significantly
lower than the 17.7 percent uninsured rate nationwide for U.S. employed
workers that was recently reported by the U.S. Census Bureau.
Wal-Mart also announced that the company will commission a study to better
understand associates who have declined coverage by researching why they
choose to go without health coverage and identifying things that can be done
to encourage them to accept health care coverage in the future.
"We are thrilled that we have moved a significant amount of our associates
off the list of uninsured," said Dillman. "While the number of uninsured
Wal-Mart associates is less than half of the national average, it is still too
high. Our goal is to have every eligible associate select health care coverage
and we will share our learnings externally so that we can help advance the
overall national discussion about access to coverage and the impact on the
uninsured."
Wal-Mart's open enrollment survey, with 802,091 participants, indicated
that as of November 9, 2007, 92.7 percent of associates have health care
coverage, including the 50.2 percent of associates who have coverage through
Wal-Mart's plan. Associates surveyed cited the following sources for their
health care coverage:
-- 50.2 percent - Wal-Mart plan;
-- 22.3 percent - Spouse;
-- 7.3 percent - Uninsured;
-- 4.3 percent - Medicare;
-- 4.2 percent - Parents, school or college;
-- 3.2 percent - Other/previous employer;
-- 2.4 percent - Individual policy;
-- 2.3 percent - VA or military;
-- 1.9 percent - Medicaid;
-- 1.2 percent - State program other than Medicaid; and
-- 0.7 percent - Another source than those listed above.
Total: 100 percent

In the recent open enrollment period, 1,086,881 full-time and part-time
associates were eligible for health benefits, representing 79 percent of the
workforce. According to the 2007 Kaiser Family Foundation employer health
benefits survey, approximately 57 percent of workers in the retail sector are
eligible for benefits. This higher percentage of eligible associates results
from Wal-Mart's policy of offering benefits to both its full-time and
part-time associates, a policy unique among other large retailers and grocers,
according to The Hewitt Benefit Index(R), conducted by Hewitt Associates, a
benefits consulting firm.
Hewitt noted that Wal-Mart's broad eligibility ranks it among the highest
in its comparative set of 18 large retailers and grocers. Wal-Mart scored
113.8 on health benefits, as compared to the average retail score of 100. This
score is an increase from Wal-Mart's score last year of 102.0 in health
benefits.
Dillman pointed to the recent changes in Wal-Mart's benefit plans as being
a key factor in increasing enrollment rates. The company added more
personalized choices, lower deductibles, pre-deductible health care credits
and a $4 co-pay for more than 2,000 covered generic prescriptions, among other
changes. As in previous years, children of every associate -- both full-time
and part time -- qualify for health insurance when the parent qualifies.
Wal-Mart also took extra steps to get associates health coverage and
enrollment information, including an "Enrollment Made Easy" DVD mailed to
every associate's home. Associates could also go online to access materials
and enrollment forms, and use a specially designed web-based tool that helped
them evaluate the coverage that best meets their needs.
Additional information and graphs breaking down the findings of the open
enrollment survey are available on http://www.walmartfacts.com.
About Wal-Mart Stores, Inc. (NYSE: WMT) Every week, millions of customers
visit Wal-Mart Stores, Supercenters, Neighborhood Markets, and Sam's Club
locations across America or log on to its online store at
http://www.walmart.com. The company and its Foundation are committed to a
philosophy of giving back locally. Wal-Mart (NYSE: WMT) is proud to support
the causes that are important to customers and associates right in their own
neighborhoods, and last year gave more than $270 million to local communities
in the United States. To learn more, visit http://www.walmartfacts.com,
http://www.walmartstores.com, or http://www.walmartfoundation.org.
About the Hewitt Benefit Index(R)
Hewitt's Benefit Index methodology has been used by more than 500
companies over the past 40 years to benchmark the competitive value of the
complex array of benefit plans and provisions of various industry and labor
market competitors. It calculates the relative employer-provided value of
Wal-Mart's benefits compared to 18 large retailers and grocers based on a
common representative employee population.
SOURCE Wal-Mart Stores, Inc.

David Tovar of Wal-Mart Stores, Inc., 1-800-331-0085