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McDonalds may Stop Providing Health Care Benefits to Workers

Posted by Adam Ellis on Sep 30th, 2010 and filed under Business. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

McDonalds

McDonalds

McDonald’s is talking about no longer providing health care benefits to close to 30,000 of their hourly employees. The company wants the U.S. Government to provide them with a pass on one of the new requirements in the new national health system plan.

McDonalds is one of the restaurants that offer their employees health care coverage. They provide mini-med health plans to employees at over 10,000 U.S. locations. Currently an employee that is single has an option of paying $14 per week for a health plan that provides up to $10,000 in coverage per year.

The problem that the restaurant chain has is that the government asks that they meet a certain requirement to spend approximately 85% of its premium revenue on medical care. McDonald’s says that it is unrealistic.

More can be read about this at The Wall Street Times website.

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