Quote:
McDonald’s Corp., the world’s largest restaurant chain, asked federal health-care regulators to waive part of a new law that may force the company to seek an alternative insurance plan for some workers, an official said.
McDonald’s doesn’t plan to drop health-care coverage for employees, said Danya Proud, a spokeswoman for the Oak Brook, Illinois-based company, in an interview yesterday. She declined to provide a memo sent to U.S. Health and Human Services in which McDonald’s requested the waiver, saying the correspondence is proprietary. The company doesn’t know how many employees could be affected if a change is made, Proud said.
The law is intended to provide health insurance coverage to 32 million uninsured people by 2019, reduce Medicare spending by about $455 billion over the next decade and create new programs to change the way medical care is paid for. It also implements new consumer protections and overhauls insurance company business practices.
“We’re not going to walk away from health-care insurance completely, but we’re going to have to look for alternatives if we can’t get the resolution we’re seeking from Health and Human Services,†Proud said.
McDonald’s told federal regulators that it may drop health insurance for almost 30,000 hourly restaurant workers unless a requirement in the law is waived, the Wall Street Journal reported yesterday, citing a company letter to the U.S. Health and Human Services. The story isn’t correct, said Jessica Santillo, a spokeswoman for the department in Washington.
McDonald’s doesn’t plan to drop health-care coverage for employees, said Danya Proud, a spokeswoman for the Oak Brook, Illinois-based company, in an interview yesterday. She declined to provide a memo sent to U.S. Health and Human Services in which McDonald’s requested the waiver, saying the correspondence is proprietary. The company doesn’t know how many employees could be affected if a change is made, Proud said.
The law is intended to provide health insurance coverage to 32 million uninsured people by 2019, reduce Medicare spending by about $455 billion over the next decade and create new programs to change the way medical care is paid for. It also implements new consumer protections and overhauls insurance company business practices.
“We’re not going to walk away from health-care insurance completely, but we’re going to have to look for alternatives if we can’t get the resolution we’re seeking from Health and Human Services,†Proud said.
McDonald’s told federal regulators that it may drop health insurance for almost 30,000 hourly restaurant workers unless a requirement in the law is waived, the Wall Street Journal reported yesterday, citing a company letter to the U.S. Health and Human Services. The story isn’t correct, said Jessica Santillo, a spokeswoman for the department in Washington.
Some companies are going to be able to get waivers and some won't.
