Restaurant warns feds it could drop its health plan for nearly 30,000 hourly workers unless regulators waive a new requirement of Obama's health care overhaul
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14 comments:
Sorry Obama we can't afford McHealthcare under your new restrictions. We will just put everyone on part-time.
It doesn't look like their insurance was good to begin with. Paying $728 a year for a $2,000 maximum insurance plan is ridiculous.
"But McDonald's issued a statement Wednesday denying that it planned to drop coverage for its employees and defending its benefit plans."
BZZZZZZZZZT! Try again. I guess some people have poor reading comprehension skills.
Shocker! NOT! Thanks Obama!
These companies are doing what they planned to do the whole time. Except now they don't have to worry about the PR backlash.
11:57-Most companies didn't plan on dropping their workers, and most large corporations haven't dropped workers. The cost of Obamacare for AT&T is 1 billion. For Caterpillar, 100 million.
The consulting firm Towers Watson estimates the total corporate hit from Obamacare for just this year is 14$ billion.
And yet, as an individual, I can't access corporate insurance rates(not going through an employer makes insurance still much more expensive), and the fact that I can't find any real competition in the insurance market since we still can't purchase insurance across state lines.
$728 a year has got to be crap insurance. This kind of plan should be illegal, just gives people a false sense of security. Iam sure one they use it they are just shocked at what it does not cover.
12:04, these companies have been working to shed full time employees for PT workers to cut healthcare costs. Now they can retain their trained workers and simply drop the plans. Many plan to do so when the bigger provisions kick in.
It takes about 7 days to become a Mexican citizen , bingo , free health care , free social security for all your children and yourself if you don't have a job. Free foods stamps or card free education on and on and on.
It's called double dipping U.s. citizen and mexican citizen.
Of course you could go to Africa and become a triple dipper , just need a tanning booth for a start.
So what if companies like AT&T spend a billion a year on health care for their employees, THEY SHOULD! If companies make several billion a year it shouldn't cut employees benefits to make a few more million. Some people talk like these companies are doing the right thing by cutting employees health benefits to spite obamacare. Thats the kind of corporate greed that has us in this recession to begin with.
3:24-The recession wasn't AT&T's fault. It was an overleveraged US consumer and gov't. Get your facts straight.
3:24 when did ever become a bad thing to make a profit? If the government would stop their over taxing of business's we all would be in better shape!
You "overtax dummies" crack me up. Taxes have been at a historic low for the better part of the last decade. Look at where we are at today. Taxes were higher under Clinton, yet look how business boomed. Whenever the facts contradict your theories, it's time to modify your hypothesis.
No one ever said making a profit is bad. I never said the whole economy was their fault. Wow you guys jump the gun fast. All I claimed was these companies who make hundreds of millions SHOULD offer insurance to their employees. Does the board of directors need to make 120 million per year instead of a measly little 100 million if it means all their employees get health benefits?
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