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 ...
Sarah was right. First there are the money handlers like sibilious and then there are the death panels. Just look at England for a perfect example of the medical hell where traitors in our congress are laying upon us....it is so wrong.
We are no longer a nation under law, but under the whim of the ‘discretion’ of our government.
My cost of my employer provided plan doubled for next year.
And this is only the beginning of this healthcare crap.
Give me liberty or give me death panels.
Now the dems will shout from the rooftops how they saved McDonalds employee’s health care. They will naturally disregard that they imperiled it in the first place.
Gawd, what a great cartoon that would make. I HOPE a syndicated comic strip writer does it!
BTTT.
McDonald's gets an exemption from this onerous law at the merest whim of an administrator, and other companies are forced to comply?
It's outrageous. It's disgusting.
The behavior is certainly typical of the Democrats, but the scale and the brazenness of this instance is breathtaking.
Chicago-style politics at a national level is a national disgrace.
Oops, I meant cartoonist, not comic strip writer.
People need to understand how many zero voters work at McDonald’s.
“According to Michael Moore, McDonald’s is a bigger threat to America than Terrorism.”
That’s odd, seeing as how Moore looks like their best customer.
So 0bama is already caving to Big Business Corporate Polluters and Oppressors?
The left can’t be happy about that.
Especially with it being the nefarious McDonald’s.
Can caving to Wal-Mart be far behind?
All companies are equal under the law... however,some are more equal then others
Very interesting.
Actually the real news in this is that the Dir of Health and Human Services has been given this kind of power. How much in donations to the DNC will buy this exemption.
Ya think? I wonder if enough Americans even understand this.
So much for being a nation of laws. Now we are a nation of "discretion."
...just another example of the government not knowing what their doing and have no idea what it can do or can’t do....winging it!
“My cost of my employer provided plan doubled for next year.”
...thank you for sharing this info....please tell everyone you meet...the public needs to know how companies are raising rates to comply with Obamacare...the MSM won’t talk about this ‘til after Nov 2.
My medicare advantage plan is abolished. I can’t calculate the new cost yet because the procedure is very complex. I’ll post a thread describing the changes
The lie and the other lie and the other lie are in my mind capital crimes
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