Posted on 10/01/2010 8:45:01 AM PDT by TitansAFC
McDonald's is or was at least kicking around the idea of dropping health care for 30,000 workers, in what seems to be a nose-thumbing reaction to government health care reform.
The Wall Street Journal got ahold of a memo to federal officials that said it would be "economically prohibitive" for the company to continue offering its current health plan unless it got an exemption from a mandate to spend 80 to 85 percent of premiums on benefits.
A McDonald's spokesman told the WSJ that it will look for "other insurance options" if the feds deny the waiver. "McDonald's will continue to be committed to providing competitive pay and benefits," the spokesman said, meaning the memo could just be posturing by the company.
If not, maybe McDonald's thinks its employees are independently wealthy and immune to sicknesses of all kinds.
Such ignorance. These people understand nothing.
Such a snarky, stupid, worthless article. So companies are to blame when they can’t implement arbitrary gubment regs. How “Atlas Shrugged” of them.
they’ve done their math and it is cheaper to pay the fine than to provide coverage to their minimum wage employees....just as Sarah Palin predicted
LOL You really have an obsession with Mitt Romney.
A more basic question:
Why should your employer have ANYTHING to with the provision of your personal health care in the first place?
That’s odd.....
I think I may have mentioned Mitt Romney ten times in my last 1000 posts......LOL
“Why should your employer have ANYTHING to with the provision of your personal health care in the first place?”
Well, I certainly wouldn’t want to ban them from providing health benefits and luring people to their employ with employer contributions!
MacDonalds doesn't provide health care to their minimum wage employees. Thirty thousand employees breaks down to about two employees per US store. This affects salaried store managers.
“Well, I certainly wouldn’t want to ban them from providing health benefits and luring people to their employ with employer contributions!”
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Nor would I. That is a free market maneuver in the marketplace for good employees.
However, employer provided healthcare has become an expected “benefit” and also results in distortions of the market for health insurance. “Group coverage” and “pooled risks” are grossly unfair to healthy individuals. But, nobody cares because the company is footing most of the bill. This is what has got us into our current mess with health insurance.
The only reason there are "benefits" in the first place is because it's a way to compensate your employees without adding to the tax burden of both the employer and employee. Lots of unintended consequences in tax law.
“The only reason there are “benefits” in the first place is because it’s a way to compensate your employees without adding to the tax burden of both the employer and employee.”
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Not for long, if the Communists get their way.
Not so odd when you look at your little commentary added to the headline and your initial post on the thread.
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