SEARCH
Current Location:
>
> This Story


Log in or Register to rate this News Story
Forward Printable StoryPrint Send us your Comments

Never Miss a Story

Sign up for email alerts

 

More Industry Headlines

Mevion partners with Philips to improve proton therapy treatment New technology only takes a few seconds to scan tumor

Kentucky Trailer acquires Advanced Mobility to expand medical footprint Together they look toward a greater international presence

Screening with tomo and mammo leads to 405 fewer false positives per 1,000 women The cost of the two is relative to cost of mammo alone

Comparing catheters for early stage breast brachytherapy Is the treatment underutilized? The BC5 Project thinks so.

Health Gorilla Marketplace expands in effort to demystify ACO and IPA options Version 2.0 adds seven new vendor categories to its market reach

Siemens' new MR kit may reduce pediatric anxiety and need for sedation Could lead to reduced costs and increased efficiency

400 experts gather at Focused Ultrasound Foundation's annual meeting 200 scientific presentations show promising new research

380 hospitals execs weigh in on the future The quest to provide better care with fewer resources

Companies develop pediatric medical devices to compete for $50,000 prize Will the smallest of patients finally have more options?

New imaging method may detect cancer earlier Will shortwave infrared be a bright spot?

HHS, McDonald's call WSJ reports false, won't drop health coverage

by Heather Mayer , DOTmed News Reporter
A Wall Street Journal report saying McDonald's will drop health coverage for tens of thousands of its employees was denied by the fast food chain's senior vice president, Steve Russell, and Health and Human Services Secretary Kathleen Sebelius.

The Journal reported that McDonald's has threatened to terminate health benefits for its nearly 30,000 hourly workers if the government doesn't waive a new requirement, which is part of the health care legislation.

Story Continues Below Advertisement

Delivering on Dose Reduction Promises

Dr. Steven Mendelsohn of Zwanger-Pesiri Radiology, explains his commitment to dose reduction and why he believes a change in attitudes will be driven by patients rather than radiology professionals. Click to read more>>>



The provision mandates that in 2011 insurance companies spend 80 to 85 percent of their revenue from premiums on actual medical care and not administrative costs, which the fast food chain's insurer has refused to do, a McDonald's official told HHS, as reported by the Journal.

The WSJ reported that McDonald's said in a memo it would be "economically prohibitive" for its insurance provider to continue offering its mini-med plans under the new requirement, due to high costs caused by high turnover rates.

"We're not going to walk away from health care insurance completely, but we're going to have to look for alternatives if we can't get the resolution we're seeking from Health and Human Services," a McDonald's spokeswoman told Bloomberg.

Related:


Interested in Medical Industry News? Subscribe to DOTmed's weekly news email and always be informed. Click here, it takes just 30 seconds.
Access and use of this site is subject to the terms and conditions of our LEGAL NOTICE & PRIVACY NOTICE
Property of and Proprietary to DOTmed.com, Inc. Copyright ©2001-2014 DOTmed.com, Inc.
ALL RIGHTS RESERVED