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:
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>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
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>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.
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>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?
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>What do you think? Is the 2011 requirement to spend at least 80% to 85% of its premium revenue on medical care realistic?
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"De omnibus dubitandum"