Federal agency flexible on McDonald's health plan
The Obama administration said Thursday that its top health official will "exercise her discretion" in enforcing a new health-law requirement, a move that could help McDonald's Corp. and other employers from disrupting their health-care policies for hourly workers.
The announcement Thursday followed a report in The Wall Street Journal that McDonald's warned federal regulators it could drop its health-insurance plan for nearly 30,000 restaurant workers unless regulators waive a new requirement of the health overhaul. The requirement, known as the minimum medical loss ratio, concerns the percentage of revenue received from premiums that must be spent on benefits.
- Federal Appeals Court Mulls Observation Status
- How One Health System Saved $3.5M in Benefits Costs
- How the Military's EHR Reboot Will Impact Interoperability
- HCA to Acquire CareNow Urgent Care Centers
- BCBS Tries New Drug Contracting Model
- 'Leadership Gap' Threatens MU Momentum, Says AMA
- Abington Health, Jefferson Health Plan '100% Equal' Merger
- Dental Board Case Before SCOTUS Has Far-Reaching Implications
- Ballot Initiative Pits Providers Against Payers in SD
- The Case for Recycling Surgical Supplies