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White House Pledges Flexibility on McDonald's Health Plan
WSJ ^
| SEPTEMBER 30, 2010, 9:47 P.M. ET
| JANET ADAMY
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 ...
TOPICS: Breaking News; Business/Economy; News/Current Events
KEYWORDS: bigmacattack; chavez; commiesraus; despot; mcdonalds; obamacare; socialism; tyrant
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To: farmguy
obama bows to Ronald McDonald
61
posted on
09/30/2010 8:09:05 PM PDT
by
Oceander
(The phrase "good enough for government work" is not meant as a compliment)
To: 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.Equality Under The Law?
Think again! We see the tyrant emerge into the light here -one that can only exist when "under the rule of law" is transformed to "under the rule of man"... All hail emperor 0zero? I think not! Death before subservience...
62
posted on
09/30/2010 8:09:46 PM PDT
by
DBeers
(†)
To: STONEWALLS
LOL, what the law says means nothing to these creeps. That they can make it do anything they want is all they were after in the first place.
After all, possessing the latitude for selective treatment is the way to stay in power by extortion and bribery.
Such nice people.
63
posted on
09/30/2010 8:11:00 PM PDT
by
Carry_Okie
(Managing "The Environment" is the power to control the entire economy.)
To: Liberty Ship
Exactly - this makes me so angry!
64
posted on
09/30/2010 8:12:40 PM PDT
by
MissH
To: STONEWALLS
WTH? OMG? Nov. 2 cant come soon enough? Will it help?
65
posted on
09/30/2010 8:15:25 PM PDT
by
GoCards
("We eat therefore we hunt...")
To: RummyChick
--
Isn't there some kind of law that will prohibit the small potatoes guy from not getting an exemption when the big potatoes guy gets one? --
Supposedly, the "Equal Protection" clause of the 14th amendment. But Congress passes many many laws that are crafted to favor or disfavor targeted groups and individuals. There is even such a thing as a "private bill," written for an identifiable person or family.
66
posted on
09/30/2010 8:16:09 PM PDT
by
Cboldt
To: STONEWALLS
Don’t be surprised if you hear about a big Social Security Number audit of McDonalds employees
To: STONEWALLS
RUSH: There's a story in the Wall Street Journal today that's got everybody in a tizzy, and the story is that McDonald's is gonna drop its health care coverage because of Obamacare. Now, McDonald's is issuing a halfhearted denial of this. The White House is issuing a halfhearted denial of this. But that's not the point. The point that this is even a possibility, I mean we're discussing it; the story is out there. McDonald's may drop health care plan because of Obama. Now there are all kinds of denials. This is the United States of America. We have a major American corporation with a story in the Big Media suggesting, because of our president, they may drop their health care coverage. Whether or not the Wall Street Journal got the story right, the fact that McDonald's has to ask the federal government for permission to continue with their health care plan for their employees is the problem. We need to get Obama out of our businesses. We need to get Obama out of our backyards, out of our light sockets, out of the gasoline pump. We need to get him out of the oil business and we need to get him out of our backyards and our lives, primarily. And the first stage of that process occurs on November 2nd. (cont.)
Will McDonald's Drop Health Care Coverage for Hamburger Flippers?
68
posted on
09/30/2010 8:27:14 PM PDT
by
Miss Didi
("After all...tomorrow is another day." Scarlett O'Hara, Gone with the Wind)
To: USNBandit
I think it’s a seniority thing. They’re both clowns but McDonald is older and has more experience.
69
posted on
09/30/2010 8:31:18 PM PDT
by
sjmjax
To: STONEWALLS
The federal gov’t won’t be able to build enough jails to house the PRODUCERS who through passive resistance or fleeing are going STARVE the parasites. These unelected bureaucrats have no clue.
70
posted on
09/30/2010 8:40:07 PM PDT
by
VRWC For Truth
(e guy is a louse but locking him up)
To: AdmSmith; Arthur Wildfire! March; Berosus; bigheadfred; blueyon; Convert from ECUSA; dervish; ...
71
posted on
09/30/2010 8:41:59 PM PDT
by
SunkenCiv
(Democratic Underground... matters are worse, as their latest fund drive has come up short...)
To: VRWC For Truth
72
posted on
09/30/2010 8:42:45 PM PDT
by
VRWC For Truth
(Throw the bums out who voted for the bailout.)
To: STONEWALLS
I'm sorry, but
EFF
"her discretion".
Doesn't this lend credence to the claim of the existence of death panels? Death panels that will send our sick and elderly to an early grave?
Wow. Maybe the chickens really have come home to roost.
To: STONEWALLS
That same White House pledged we could keep our doctors too.
74
posted on
09/30/2010 9:02:48 PM PDT
by
SumProVita
(Cogito, ergo...Sum Pro Vita. (Modified Decartes))
To: STONEWALLS
>> will “exercise her discretion” in enforcing a new health-law requirement,
What the...
75
posted on
09/30/2010 9:22:01 PM PDT
by
Gene Eric
(Your Hope has been redistributed. Here's your Change.)
To: STONEWALLS
If Republicans don’t follow through on either REPEAL or not funding Obamacare, they will suffer more than DemocRATS.
76
posted on
09/30/2010 9:32:04 PM PDT
by
teletech
(Say NO to RINOS!)
To: STONEWALLS
We are turning into China. A super-regulated society, where nothing is out of control of the state, while big business and Government are the elites and lobby and threaten each-other for money and favors.
77
posted on
09/30/2010 9:33:35 PM PDT
by
PGR88
To: PGR88
And still no one is buildiung the needed guillotines ...
78
posted on
09/30/2010 9:37:41 PM PDT
by
MHGinTN
(Dems, believing they cannot be deceived, it's nye impossible to convince them when they're deceived.)
To: teletech
The WH is sabotaging the whole thing with that response.
79
posted on
09/30/2010 9:40:32 PM PDT
by
eyedigress
((Old storm chaser from the west)?)
To: STONEWALLS
Ronald McDonald has 0bammy by the short and curlies!
80
posted on
09/30/2010 11:13:32 PM PDT
by
Uncle Miltie
(Stimulus. 0bamaCare. Cap and Tax. 9/11 Victory Mosque. TARP. Amnesty. Summer of Recovery.)
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