As the first phase of the health care reform bill has completed its first week, McDonald’s is challenging regulations that will require mini-med plan insurers to channel 80% – 85% of premium revenue toward covering medical expenses. Not to be confused with major, comprehensive health insurance, mini-med plans are considered supplemental only. According to the [...]
McDonald‘s and the Obama administration are firing back at a Wall Street Journal report saying that the fast food giant is considering dropping its “mini-med” health insurance for hourly workers because of the new health care reform law. “Media reports stating that we plan to drop health care coverage for our employees are completely false,” [...]
Six months after President Barack Obama’s health care plan became law some measures are starting to take effect that will change how some families and children are covered. President Obama launched a new attempt to convince Americans of the advantages of the healthcare overhaul yesterday. He traveled to the sub-urban backyard of a family home [...]
Under America’s new health-care reform act, health-care spending will rise slightly faster than it would have otherwise, according to a new government study. But Americans will have to brace for a big jump in spending, especially on health insurance, in 2014, when major parts of the reform law go into effect. Health spending will jump [...]
President Obama discusses a new Medicare Trustees report showing Medicare to be on much stronger footing as a result of the reforms in the Affordable Care Act. In addition, seniors are also already getting help with prescription drug costs when they fall into the infamous donut hole.Key quote from President Obama: That’s why a report [...]