Search Results for: blog mcdonalds may end its employee health insurance

Why Limited-Benefit Health Insurance Is Bad

The upcoming changes in health care reform are going to make an impact on limited-benefit health insurance plans. The changes could cause many of these kinds of health insurance plans to stop existing. An argument going around in the news, and on the internet, states that it is better to have one of these limited-benefit health insurance plans than to have absolutely no form of health insurance at all. But, is that true? Limited-benefit health insurance plans, which are also sometimes referred to as mini-med plans, are health insurance policies that come with an annual limit, and many come with … Continue reading →

What’s Wrong With McDonald’s Health Insurance?

McDonald’s has been in the news recently when it announced that it was considering ending the health insurance benefits that it offers to it’s employees. Since then, the government and McDonald’s have come to an agreement that would allow McDonald’s to avoid having to comply with some upcoming health care regulations. This does not mean that the health insurance plan that McDonald’s offers provides good value to it’s employees. Some people have argued that having the mini-med health insurance that McDonald’s offers it’s workers is better than having no health insurance at all. But is it? Let’s take a closer … Continue reading →

Health Insurance and the Three-Legged Stool

The new health care reforms were built around a concept that has been referred to in the news as “the three-legged stool”. It seems that originally, these three legs were supposed to appear at the same time. Instead, each leg is arriving on it’s own timetable. The result is the turmoil that we are seeing around health insurance today. The good news is that it will all equal out, eventually. What is the “three-legged stool”? It is the term that policy experts have given to describe how the new health reforms were supposed to work. One leg of the stool … Continue reading →

What is Mini-Med Insurance?

You may not have heard of Mini-Med insurance before the recent news about McDonald’s. As it stands right now, McDonald’s is threatening to end the health insurance benefits plan it currently offers to it’s employees. This is in response to new regulations about health insurance that will be taking place in 2011. Employees of McDonald’s may qualify for a type of health insurance called Mini-Med. What is Mini-Med? It is form of health insurance that is guaranteed. This means that no one who applies for this kind of health insurance will be turned down, for any reason, including for any … Continue reading →

McDonald’s May End It’s Employee Health Insurance

McDonald’s, the extremely successful fast food company that is recognized around the world, may be putting an end to it’s employee health insurance plans. If so, this will leave around 30,000 hourly workers with no form of health insurance. McDonald’s wants federal regulators to waive a requirement of the new health care law for them. If not, well, it looks like a lot of workers are about to lose their health insurance. The new health care requirement has something to do with the percentage of premiums that must be spent on health insurance benefits. In 2011, employers will be required … Continue reading →