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Unless regulators waive a requirement of the health-care overhaul, McDonald’s
has warned federal regulators it could drop its health insurance plan for almost 30,000 hourly workers,
The Wall Street Journal reported.
Update: Steve Russell, Senior Vice President and Chief People Officer at McDonald's USA released a statement last night that says, in part:
Media reports stating that we plan to drop health care coverage for our employees are completely false...McDonald's is committed to providing competitive pay and benefits, and the strongest employment opportunities possible.
It should be noted that McDonald's lifetime caps start at $2000, the price of one ER visit.
You do realize that McDonalds has a history of hiring part time to avoid benefits, right?
Oh yeah, McDonalds is the bad guy here. What will you say when other large and small employers declare the fine for not maintaining their plans as enough less than maintaining their present plans? Will that be the bad guys being the employers or maybe the Congress that failed to read the Andy Stern bill to see what was in it? I say the latter, for sure.
When health care premiums rise a low of 12% in the next year I don' think many employers are going to be able to keep up. Oh well, when those whose employers manage to keep paying for them start paying income taxes on the money spent by the employers maybe the government can keep us afloat.
You do realize that McDonalds has a history of hiring part time to avoid benefits, right?
McDonalds is a fast food restaurant that employs part time school aged people, as does every other fast food restaurant. It is not typically a career path. If you are in a career path you would be in management/training which I am certain is full time with benefits. Their business model is not to avoid insurance for most of its employees, it is basic entry level part time work flipping burgers and running cash registers.
You do realize that McDonalds has a history of hiring part time to avoid benefits, right?
And I see nothing wrong with that what so ever.
The whole idea behind government enforced mandated coverage is to explode costs so employers that offer health insurance as a benefit will be tempted (if not forced) to drop coverage. That's what'll make everyone flock to government run (aka socialized, single-payer) health care. It's creeping socialism by stealth. Nothing more and nothing else.
McDonalds is a fast food restaurant that employs part time school aged people, as does every other fast food restaurant. It is not typically a career path. If you are in a career path you would be in management/training which I am certain is full time with benefits. Their business model is not to avoid insurance for most of its employees, it is basic entry level part time work flipping burgers and running cash registers.
With the economy like it is now, it may be the only job available to someone. Should they not get insurance because it's not a "career path"?
If you're certain of the "full time with benefits" for managers, post a link.
Oh yeah, McDonalds is the bad guy here. What will you say when other large and small employers declare the fine for not maintaining their plans as enough less than maintaining their present plans? Will that be the bad guys being the employers or maybe the Congress that failed to read the Andy Stern bill to see what was in it? I say the latter, for sure.
When health care premiums rise a low of 12% in the next year I don' think many employers are going to be able to keep up. Oh well, when those whose employers manage to keep paying for them start paying income taxes on the money spent by the employers maybe the government can keep us afloat.
This has been going on for 50 years. The average annual; rise in health care costs over that period even after adjusting for inflation is 4% to 8%. There was always going to come a point when employers said enough. It was just a question of when.
Given that 56% of Americans get their health insurance via employers, the political consequences are enormous.
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