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Here's a headline sure to give the White House and its allies grief today: "McDonald's May Drop Health Plan." It's for an article by Janet Adamy in the Wall Street Journal. It's only a matter of time until it becomes fodder for conservative blogs, Fox News, and Republican campaign commercials.
But it's not really bad news about health care reform--at least, not for the reason you might think.
Fast Food Employees Have Lousy Health Insurance. But They'll Get To Keep It For Now.
Seeded on Thu Sep 30, 2010 3:47 PM EDT
Article Source: TNR's The Worst Political Sex Writing The New Republic- Enjoy this article? Help vote it up the 'Vine.
- Public Discussion (3)
From the article:
As the Journal story makes clear, the policies in question are so-called mini-med plans with very limited benefits. In the case of McDonald's, according to the Journal, there are two options: Employees who go with the minimum plan pay $14 a week for a policy that won't cover more than $2,000 in medical bills a year. Employees who opt for the "generous" option pay about $32 a week for a policy that maxes out at $10,000.
To call that "insurance" is to distort the definition, since these policies would do very little to help people with even moderately serious medical conditions. (You can blow through $10,000 in medical care with one emergency room visit.)
- 1 vote
#1 - Thu Sep 30, 2010 3:50 PM EDT...the minimum plan pay $14 a week for a policy that won't cover more than $2,000 in medical bills a year.
$672 per year for $2000 of coverage. Considering not everybody will need the coverage, the slots at a casino might be a better "investment".
Embarrassing to call that coverage since I am betting that the insurance companies have an actuary table to show that it is to their advantage.
- 2 votes
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