Thursday, September 30, 2010

ObamaCare KO's MickeyD Health Plan

Owen caught a big one here.

While many restaurants don’t offer health coverage, McDonald’s provides mini-med plans for workers at 10,500 U.S. locations, most of them franchised. A single worker can pay $14 a week for a plan that caps annual benefits at $2,000, or about $32 a week to get coverage up to $10,000 a year.

Last week, a senior McDonald’s official informed the Department of Health and Human Services that the restaurant chain’s insurer won’t meet a 2011 requirement to spend at least 80% to 85% of its premium revenue on medical care.

From the excerpt, it appears as though McDonald's is trying to get the law changed rather than dumping its employees to the curb--which is what ObamaCare seems to require.

Smooth move, Mr President.


Jay Banks said...

It seems to me that this situation is a very curiously result. The corporation of McDonalds presents one of the biggest fast-food´s element in the world. Their health plan should have the most important, I think.

Dad29 said...

No, it's the Obama Plan.

His objective is State Health Insurance, no more.

So what happened here is merely the begining.