Posted on 09/30/2010 7:12:27 PM PDT by STONEWALLS
The Obama administration said Thursday that its top health official will "exercise her discretion" in enforcing a new health-law requirement, a move that could help McDonald's Corp. and other employers from disrupting their health-care policies for hourly workers.
The announcement Thursday followed a report in The Wall Street Journal that McDonald's warned federal regulators it could drop its health-insurance plan for nearly 30,000 restaurant workers unless regulators waive a new requirement of the health overhaul. The requirement, known as the minimum medical loss ratio, concerns the percentage of revenue received from premiums that must be spent on benefits.
McDonald's is among the retailers and restaurant chains that offer a "mini-med" limited benefit. Most of these plans don't meet a 2011 requirement that they spend 80% to 85% of premiums on medical benefits instead of overhead expenses.
McDonald's last week sent a top official at the Department of Health and Human Services a memo saying "it would be economically prohibitive for our carrier to continue offering" its "mini-med" limited benefit plan unless it got an exemption from the requirement.
(Excerpt) Read more at online.wsj.com ...
There is no choice for America. This abomination must be repealed and tossed into the trash bin of history along with the creators.
I’m not quite that cynical but Franklin did say on the last day of the constitutional convention,
In these sentiments, sir, I agree to this Constitution with all its faults—if they are such—because I think a general government necessary for us, and there is no form of government but what may be a blessing to the people if well administered; and I believe, further, that this is likely to be well administered for a course of years, and can only end in despotism, as other forms have done before it, when the people shall become so corrupted as to need despotic government, being incapable of any other.
I think we have a chance for the next few years to get things right but if we allow ourselves to be corrupted or discouraged, it will end in tyranny as Franklin predicted.
WOW...sooooooooooooo, if your a giant CORPORATION (you know, Dums evil incarnate people), get SPECIAL treatment.
Keep it up Zero, your just providing more and more evidence of this giant slugs (HCR)UNCONSTITUTIONALITY.
I’d like an order of McBust’my’Chops, some fries and a strawberry smoothie .. uhhhhh .. to go
Obama has not backed down. He has said he wants to destroy private insurance and replace it with a single-payer public option, Eates will have to go up under Obamacare or coverages dropped.
http://www.freerepublic.com/focus/f-news/2599429/posts
I prefer trials and hangins' on the Capitol steps.
Assembly-line style.
According to Michael Moore, McDonald’s is a bigger threat to America than Terrorism.
If you hear Apple, Google or Microsoft say the same thing in regards to health plan issues at these three companies under health care reform, watch Obama back down so fast it’ll make your head spin.
Obama has not backed down. He has said he wants to destroy private insurance and replace it with a single-payer public option, Rates will have to go up under Obamacare or coverages dropped.
http://www.freerepublic.com/focus/f-news/2599429/posts
McD’s caters HEAVILY to ethnic minorities.
"so, you want an exemption? Let's just check the database of corporate political contributions ... hmmm, pretty light there, not enough "D" ... request denied." If this is not blatantly illegal, it should be.
Yup. Massive corporations who can payoff the government.... exempt! Small business... too bad, so sad. Corporate fascism at its finest.
Gee, Nancy, wouldn't it have been better IF YOU UNDERSTOOD HOW EXISTING PLANS WORKED BEFORE YOU WROTE THE DAMNED LAW???
there aren't enough rails, not enough tar, not enough feathers.
****** Selective enforcement of laws? *****
Waco-Care.....enter U.S. Gestapo.
Great. Now we have a nation where we can all beg for dispensation from Obama.
Apple, Google or Microsoft
Liberal, Liberal, Liberal
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