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McDs changes due to new health care laws
Message
From
30/09/2010 15:33:37
 
 
To
30/09/2010 13:10:38
General information
Forum:
Employment
Category:
Salaries
Miscellaneous
Thread ID:
01483375
Message ID:
01483415
Views:
23
Update: McDonald's is now denying the story:
http://finance.yahoo.com/news/McDonalds-denies-report-of-apf-455701319.html?x=0


>http://online.wsj.com/article/SB10001424052748703431604575522413101063070.html
>
>Snippets:
>
>
>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
>
>More recently, insurers have proposed a round of double-digit premium increases and said new coverage mandates in the law are partly to blame. HHS has criticized the proposed increases as unwarranted.
>

>
>I don't see how the mid-med plans can possibly meet the goal of the health care law. A maximum annual benefit of $2000 for the basic plan?
>
>What do you think? Is the 2011 requirement to spend at least 80% to 85% of its premium revenue on medical care realistic?
.·*´¨)
.·`TCH
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