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McDonald's (MCD) warns federal regulators that it could drop its health insurance plan for...

McDonald's (MCD) warns federal regulators that it could drop its health insurance plan for nearly 30,000 hourly employees if the government doesn't loosen a requirement for "mini-med" plans, WSJ reports. McDonald's just issues a denial, calling the report "completely false."
Comments (10)
  • Econdoc
    , contributor
    Comments (2944) | Send Message
     
    just the start of the parade of effects from this jackass policy
    30 Sep 2010, 10:14 AM Reply Like
  • spald_fr
    , contributor
    Comments (2702) | Send Message
     
    Would you care for a little whine with your McNuggets, sir?
    30 Sep 2010, 10:26 AM Reply Like
  • Tom Au, CFA
    , contributor
    Comments (6775) | Send Message
     
    Take out the word "j......." before policy. But otherwise thumbs up to you.

     

    (This is to E.)
    30 Sep 2010, 10:29 AM Reply Like
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    This is what happens when you donĀ“t read the bill before you pass it.....LOL...its going to be a total mess with regulations against regulations...one regulation will say you have to do one thing...another will say just the opposite...an accountants dram..a business nightmare..
    30 Sep 2010, 10:17 AM Reply Like
  • Terry330
    , contributor
    Comments (866) | Send Message
     
    Short your hourly workers so owners can make millions. Blame this on government.
    30 Sep 2010, 10:17 AM Reply Like
  • billknowsall
    , contributor
    Comments (264) | Send Message
     
    terry - Of course blame it on government- they put wrote and put into law the stupid bill. Get real, who else you gonna blame? These easily forseen (by everyone but dems) effects are happening everywhere. Look at all the insurance co's that are dropping policies for kids because they don't want to have to cover all the deadbeat parents that didn't buy until their kid got sick. The state of Ky complained yesterday that now it was going to have to pick up the tab for these kids and it can't afford it. These clowns love to pass this crap and look good and never worry about little things like freedom, finances or unintended consequences. I would not blame McD's one iota...
    30 Sep 2010, 10:26 AM Reply Like
  • OptionManiac
    , contributor
    Comments (3304) | Send Message
     
    What about kids dropped from their parent's insurance because they turned 24 (still in college) but can't get covered because of a pre-existing? So my neighbors find themselves, and working 50 plus hours a week does not make him a deadbeat. Of course the law is flawed, too many hands fighting for the pen, but I know too many people screwed by their insurance companies (really, getting stuck with a $30K bill for not getting an OK for an emergency appendectomy?)
    30 Sep 2010, 11:02 AM Reply Like
  • Tack
    , contributor
    Comments (12726) | Send Message
     
    What we need is for more corporations to say exactly this and mean it, not issue noodle-kneed, politically-correct denials.
    30 Sep 2010, 10:31 AM Reply Like
  • spald_fr
    , contributor
    Comments (2702) | Send Message
     
    [McDonald's just issues a denial, calling the report "completely false."]

     

    So I guess we can assume McD's took the strong position of threatening to drop insurance coverage, followed by a similarly strong denial?
    30 Sep 2010, 10:35 AM Reply Like
  • Bozerdog
    , contributor
    Comments (464) | Send Message
     
    SA deleted my comments! Shame on me.
    30 Sep 2010, 03:23 PM Reply Like
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