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"McDonald’s Senior VP Steve Russell denied the reports that surfaced earlier today. Russell said it is “completely false,” that his company has plans to cut health care benefits for some."
This is a new low for the WSJ in their war on health care reform.
I think this one is going to backfire though. What they've exposed is the dirty little secret that both large corporations with lots of minimum wage workers and big insurers don't want the public to think about much...They are charging these workers getting $7/hr up to $35 per week for a policy that caps at $10K/year (lower caps are available, as low as $1K.) Compare that to the cost of what most of us have, limits of what, a million? If there is any limit.
AND, 35% or more of that premium goes to administrative cost, not to medical care. What a fantastic deal for private insurers! And McDonald's gets to look heroic for offering "benefits."
So insurers and McDonalds owners and insurers, get off your duff and offer those workers some decent coverage that doesn't make you look like theives.
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Dakota wrote:
[quote=Grace62]
[quote=Ted King]
Also, mini-med plans are about as close to not being insured as you can get and still be called medical insurance (e.g., MacDonald's "employees who go with the minimum plan pay $14 a week for a policy that won't cover more than $2,000 in medical bills a year. Employees who opt for the "generous" option pay about $32 a week for a policy that maxes out at $10,000" ). .
That's exactly the kind of junk that HCR needed to address, and did. Very large, highly profitable companies that offer that mess to low wage hourly employees and call it "medical insurance." What a joke. These people should technically be counted as uninsured and on the public dole because $2,000 won't cover a hospital visit, to say the least, it won't even cover a lot of out patient procedures.
So companies like McDonalds have for years relied on taxpayers to subsidize their workers' healthcare while making billions in profits on their labor. It's about paying a fair share.
So how does the new law make McDonald's offer better insurance? What you have done is make little people lose what meager insurance they do have with no plans to pick them up. All this shows that collectivism needs force to make it work.
It's ok, we know you don't comprehend the issues being discussed here.
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Grace62 wrote:
"McDonald’s Senior VP Steve Russell denied the reports that surfaced earlier today. Russell said it is “completely false,” that his company has plans to cut health care benefits for some."
This is a new low for the WSJ in their war on health care reform.
I think this one is going to backfire though. What they've exposed is the dirty little secret that both large corporations with lots of minimum wage workers and big insurers don't want the public to think about much...They are charging these workers getting $7/hr up to $35 per week for a policy that caps at $10K/year (lower caps are available, as low as $1K.) Compare that to the cost of what most of us have, limits of what, a million? If there is any limit.
AND, 35% or more of that premium goes to administrative cost, not to medical care. What a fantastic deal for private insurers! And McDonald's gets to look heroic for offering "benefits."
So insurers and McDonalds owners and insurers, get off your duff and offer those workers some decent coverage that doesn't make you look like theives.
You predicted it right.
McDonald’s ‘Mini-Med’ Health Plans Probed by Senate
http://www.businessweek.com/news/2010-10...enate.html
Oct. 1 (Bloomberg) -- Senator Jay Rockefeller opened a probe into the limited benefit “mini-med” plans that McDonald’s Corp., the world’s largest restaurant chain, offers to employees.
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kanesa wrote:
[quote=Grace62]
"McDonald’s Senior VP Steve Russell denied the reports that surfaced earlier today. Russell said it is “completely false,” that his company has plans to cut health care benefits for some."
This is a new low for the WSJ in their war on health care reform.
I think this one is going to backfire though. What they've exposed is the dirty little secret that both large corporations with lots of minimum wage workers and big insurers don't want the public to think about much...They are charging these workers getting $7/hr up to $35 per week for a policy that caps at $10K/year (lower caps are available, as low as $1K.) Compare that to the cost of what most of us have, limits of what, a million? If there is any limit.
AND, 35% or more of that premium goes to administrative cost, not to medical care. What a fantastic deal for private insurers! And McDonald's gets to look heroic for offering "benefits."
So insurers and McDonalds owners and insurers, get off your duff and offer those workers some decent coverage that doesn't make you look like theives.
You predicted it right.
McDonald’s ‘Mini-Med’ Health Plans Probed by Senate
http://www.businessweek.com/news/2010-10...enate.html
Oct. 1 (Bloomberg) -- Senator Jay Rockefeller opened a probe into the limited benefit “mini-med” plans that McDonald’s Corp., the world’s largest restaurant chain, offers to employees.
Thanks for pointing that out kanesa. Good for Sen. Rockefeller, it's about time!
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Great! Now they'll lose that too.
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I guess we could repeat the entire thread if it would help with comprehension.
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No, I understand too well. You guys have no remedies. It is like protesting Nike factories in Mexico. Nike shuts them down and you go home. The poor folks who used to make $10 a day now make $1 a day.
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He's a believer and fancies himself a political soldier, comprehension has never been a factor in DakotaWorld.
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Dakota wrote:
No, I understand too well. You guys have no remedies. It is like protesting Nike factories in Mexico. Nike shuts them down and you go home. The poor folks who used to make $10 a day now make $1 a day.
It's ok, we know you don't comprehend the issues being discussed here.
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Dakota wrote:
No, I understand too well. You guys have no remedies. It is like protesting Nike factories in Mexico. Nike shuts them down and you go home. The poor folks who used to make $10 a day now make $1 a day.
Let us know as soon as McD's stops offering any health benefits to its workers.
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