Well, it does seem that more federal regulations limit our choices: “McDonald’s Corp. has warned federal regulators that it could drop its health insurance plan for nearly 30,000 hourly restaurant workers unless regulators waive a new requirement of the U.S. health overhaul“:
While many restaurants don’t offer health coverage, McDonald’s provides mini-med plans for workers at 10,500 U.S. locations, most of them franchised. A single worker can pay $14 a week for a plan that caps annual benefits at $2,000, or about $32 a week to get coverage up to $10,000 a year.
Last week, a senior McDonald’s official informed the Department of Health and Human Services that the restaurant chain’s insurer won’t meet a 2011 requirement to spend at least 80% to 85% of its premium revenue on medical care. . . .
McDonald’s move is the latest indication of possible unintended consequences from the health overhaul.
And it won’t be the last. So, we’ve got a private company which provides a means to offer health insurance to employees in a business with high employee turn-over, but such an innovative plan won’t pass muster with the bureaucrats administrating Obamacare.
And I thought its goal was to increase health care coverage. Instead, it forces private employers to drop a plan it was offered. More government, fewer choices.