Let's all go to MacDonald's to show our appreciation
for showing America the effects of the O'Care atrocity.
Posted on 09/30/2010 5:22:28 PM PDT by Kaslin
Health Care: A big employer mulls dropping health insurance coverage due to ObamaCare's mandates. The claim that if you like your plan you can keep it was a lie, and the effort to destroy private insurance is working.
The 30,000 or so hourly workers at McDonald's undoubtedly like the health care plan their employer provides and would like to keep it. For $14 a week, a worker gets a plan that caps annual benefits at $2,000; $32 a week gets you coverage up to $10,000.
They get minimum coverage at a minimum price, but most younger workers are healthy and for that reason, they constitute a high percentage of the uninsured. What McDonald's Corp. offers is not a one-size-fits-all nanny-state special that forces young males to pay for mammograms.
President Obama promised that under ObamaCare these workers could keep these plans, but McDonald's has told federal regulators in a memo that it would be "economically prohibitive" for its insurance carrier to continue to cover its hourly workers unless it receives a waiver to the ObamaCare requirement that 80% of premiums for such "mini-med" plans be spent on medical care.
Other large employers who offer such plans could find themselves in the same dilemma — companies like Home Depot, CVS, Staples and Blockbuster. The net result for many would be going from minimal coverage that fits their current needs to no coverage at all — at least until 2014, when ObamaCare is in full swing.
Democrats wanted the requirement, called a medical loss ratio or MLR, to guarantee insurers wouldn't squander premiums on things like marketing while competing with other insurers.
(Excerpt) Read more at investors.com ...
Didn’t they already deny that they were dropping coverage?
Yes, according what I heard on Fox News this morning. They did
I sill maintain that the best way to kill off liberalism once and for all is to let them have everything they want and stand back and watch it implode.
McDonalds is requesting an exemption.
Only the Baraqqis with no concept of economics would expect a min wage job to provide a health plan with $750,000 yearly health care limit.
All the way.
I say slap the go pedal to the carpet!
McDonalds is requesting an exemption.”
They will never get it unless they agree to quit selling fries, Happy Meals, hamburgers, cheese and buns. You will be able to order a nice piece of grilled fish with pickles and apple slices on the side. But you will still be able to have ice cream for dessert if Michelle is with you.
Hands off my Big Mac!
If McDonalds makes generous donations to the DNC then they are eligible for an exemption to the law from Sebilius. The Dem Administration has set up an efficient system of blackmailing major corporations and are transparently advertising the scheme so that all companies get the message.
Bill Cosby the gov’t comes for the little people FIRST
http://www.youtube.com/watch?v=fM92FjLDE2I&feature=fvsr
The operative word in the first line is “mulls”
Ping
Can you imagine the riots if they didn't deny it?
They issued a Non-Denial Denial which is pretty clever.
In other words, the final decision isn’t made yet.
This isn’t about health care, it’s about the destruction of the free market.
Let's all go to MacDonald's to show our appreciation
for showing America the effects of the O'Care atrocity.
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