The story about McDonald's dropping all health insurance for its employees over ObamaCare was not incorrect, as many have reported. Instead, the Obama administration just temporarily exempted the company from the crushing new regulations (the ones it keeps insisting don't exist).
Now, the company will be able to continue covering its 115,000 employees for another year, until those very same regulations kick right back in and do the same damage they were about to do now...but this time, it will be after the Mid-term elections.
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Comments
Based on a previous article McDonald's insurance was $782 annual premiums with maximum $2000 coverage. Pretty close to no insurance at all - Should they have a serious illness on their McDonald's salary then who do you suppose actually pays for the medical care they will receive? - lg
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