Posted on 09/29/2010 6:55:58 PM PDT by macquire
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.
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.
(Excerpt) Read more at online.wsj.com ...
Most of the malpractice suits are bogus. Lawyers go after doctors and hospitals because there are the possibilites of collecting money. If there were no deep pockets that would cut way back and when a doctor was truely guilty of malpractice he’d lose his license. The way it is now it’s just a cash cow that you and I pay for.
Bump.
What I would do to never hear hear Obama said ever again.
How many campaign town halls is the idiot going to get heckled at? His bud Soros fixed the stock exchange for him and Obama still sucks.
We should end employer based insurance and taxes.
I’m Lovin’ It!
This is not true. See the information at http://www.politifact.com/truth-o-meter/statements/2010/jun/10/chain-email/w-2-tax-forms-hr-3590-health-insurance-pay-taxes/
It is clearly unconstitutional for the President to have this much discretion in interpreting a law. It was this kind of power that our constitution was designed to prevent.
You are getting a twofer: you’ll piss Moosechelle off too, eating at a fast food joint. :-)
Obamacare was designed to fail.
After this plan is a complete train-wreck, and the private insurance industry has been utterly destroyed, the Democrats can pick up the pieces and build the socialist single-payer system they always wanted.
I’m not going to start an argument, but you were wrong.
Your w-2 will list you benefit amount. Currently, that isn’t taxable. Do you know that upcoming tax law? Of course not.
McDonald’s has never been a bad employer. Please, everyone, stop bashing them. They never had to offer any type of health insurance to employees, yet did. Now, it goes away due to Obama care.
I have a college aged child. Now, once he’s out into the working world, instead of making him responsible for once and paying his own health insurance, he can just remain on our policy, with the premium affecting the money that comes into this house. There is NO good in that bill. Nothing. Nobody can spin anything into “oh maybe that was needed”. It’s not. The pre-existing condition mandate isn’t going to be pretty, either. If you can’t afford tens of thousands in premiums and copays now, well, in a couple of years, you’ll have no choice.
Sorry for my rant, but I really do get irritated when I see even the smallest defense of this absolute atrocity of legislation.
We did. They didn't listen...
If you would rather McDonald's not employ all of those people, I guess they could fire them...
I am NOT defending this abomination of a law, I am pleading that people make sure that what they post are the facts, not incorrect information from a chain-letter.
Exactly. We “can” keep our plans. They’ll just be unaffordable or someone else will make decisions that prevent us from keeping our plans. Employers, like MacDonalds in this ad, are not forced by the government to drop their plans. They will do so because it will be less expensive for them to do so.
In this case, the problem isn’t with McDonalds; it’s with their insurance carrier. The government says that all the premium money collected from employees must go 85% to coverage. The insurance company says it doesn’t like that because their costs are higher due to contant worker turnover in a business like McDonalds.
They probably are higher. The insurance company wants to keep its profit margin at a certain level.
The only way to do that would be for the corporation to begin paying the insrance company beyond what the worker premiums are, since any worker premium cost increase would still have to be spent 85% on actual coverage.
Excellent rant. Spot on!
Back in 2003, Thomas Sowell wrote a three-part series on the folly of “universal health care” and how we were better off back when doctors would charge you for their services directly. Sowell explained that during WWII the government imposed wage and price controls, which meant that employers were forbidden to offer higher wages to attract new workers, and they began to offer various benefits, including employer-paid health insurance, instead.
Here are the three (short) columns by Sowell on the subject (the third one is the one with the info regarding wage controls and the origin of employer-paid health insurance):
Is this true? Another classic case of how gov’t meddling ends up hurting the very people they supposedly want to help.
Isn’t it so weird that the only thing the media reported about that was the spitting on a congressman that never happened? There was no mention of the opposition to the legislation itself.
The dumbing down of America is just about complete.
>>What’s happened since that time is very simple ~ medicine has advanced and they can cure stuff you used to die from. That costs something.
Everybody always forgets that part. In 1966, your first heart attack was probably your last. Cancer was a death sentence. “Exploratory surgery” was the only way doctors could see what was going on inside you. There was no simple knee surgery to clean out the joint and get you back on your feet in hours. The list just goes on forever and it’s incredible to think of how far we’ve come.
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