McDonald's Corp. has warned federal regulators that it could drop its health insurance plan for nearly 30,000 hourly restaurant workers unless regulators waive a new requirement of the U.S. health overhaul.
Editorial writer Joe Rago on McDonald's threat to drop health plan.
The move is one of the clearest indications that new rules may disrupt workers' health plans as the law ripples through the real world.
Trade groups representing restaurants and retailers say low-wage employers might halt their coverage if the government doesn't loosen a requirement for "mini-med" plans, which offer limited benefits to some 1.4 million Americans.
The requirement concerns the percentage of premiums that must be spent on benefits.
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.
http://online.wsj.com/article/SB1000142 ... Collection
Less healthy to work at McD's...
Less healthy to work at McD's...
“If you trust in yourself, and believe in your dreams, and follow your star. . . you'll still get beaten by people who spent their time working hard and learning things and weren't so lazy.”
Re: Less healthy to work at McD's...
What will they spend them on, clown shoes? 
Re: Less healthy to work at McD's...
McDonald's is the largest employer in France.
We kicked Frog ass!
You british are pussies!
yrs,
rubato
We kicked Frog ass!
You british are pussies!
yrs,
rubato
Re: Less healthy to work at McD's...
Maybe abetting a country's slide into below-mediocracy is not exactly kicking its ass ....
Reason is valuable only when it performs against the wordless physical background of the universe.
Re: Less healthy to work at McD's...
Paying a certain $728.00 / yr for a maximum (uncertain) benefit of $2,000 is a complete joke. Only a stupid person would consider that a good deal. Tell McDonald's to go threaten someone who ISN'T stupid will you?Gob wrote:"...
A single worker can pay $14 a week for a plan that caps annual benefits at $2,000, ... "
yrs,
rubato
Re: Less healthy to work at McD's...
Anyone who has to rely on a job at Mc D's to get health cover is in pretty dire straights in any case, would you not agree Andrew?
“If you trust in yourself, and believe in your dreams, and follow your star. . . you'll still get beaten by people who spent their time working hard and learning things and weren't so lazy.”
Re: Less healthy to work at McD's...
I wouldn't...McD's treats their managers VERY well. IIRC, even the shift supervisors (basically, anyone above the run-of-the-mill HS kids and retirees that work there) get full benefits, 401(k), and are paid pretty well.
Treat Gaza like Carthage.
Re: Less healthy to work at McD's...
You can get that out in civilisation without having to work for Mc D's though.
“If you trust in yourself, and believe in your dreams, and follow your star. . . you'll still get beaten by people who spent their time working hard and learning things and weren't so lazy.”