Maryland's General Assembly passed a law requiring private companies with more than 10,000 workers in the state to spend at least 8% of payroll on employee health benefits or pay the difference into a state Medicaid fund. The bill, which overcame a veto by Gov. Robert Ehrlich Jr., was designed as a rebuke to retail giant Wal-Mart, which lobbied extensively to defeat the legislation, according to the Washington Post. The company said it was considering a legal challenge to the new law. Wal-Mart, with some 17,000 employees in Maryland, is believed to be the largest company in the state that doesn't meet the spending limit, the Post reported. The law, the first of its kind, is expected to serve as a model for other states seeking to corral Wal-Mart into shouldering more healthcare costs for its employees.
'Wal-Mart' insurance law beats veto in Md.
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