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

Cardinal Health agrees to pay $26.8 million settlement over monopoly charges The proposed federal court order aims to restore competition in six markets

CMS star rating system finds physician-owned hospitals most satisfactory Of the participating physician-owned hospitals, 67 percent received four stars or more

So long, 'doc fix': Obama signs SGR repeal into law After almost 20 years, 'doc fix' legislation finally put out of its misery

Twitter may help predict ED visits for chronic conditions Asthma incurs over $50 million in annual medical costs

BIOTRONIK gets FDA nod for a first of its kind implantable cardioverter defibrillator Inventra DX is capable of ultra-high energy, 42 joules, initial shock

Health Care: The soft underbelly of cyber security how to protect your medical identity from cyberthreats

Brain imaging shows link between Down syndrome, Alzheimer’s: study PET imaging and MRI scans showed changes in the brains of people with Down syndrome, who are at higher risk for developing Alzheimer's disease, according to a new study

Dealing with staff addicts in the workplace New York radiologist allegedly wrote 280 illegal prescriptions

MWA 2015: Assessing the risk of pandemics and the promise of 3-D printing The show kicks off in ten days. What can visitors expect?

Illinois Health and Science to acquire IBA Molecular North America, Inc. IBAM NA will work with Zevacor to produce radionuclides

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

Fully integrated PACS, RIS and Voice Recognition at an affordable price

We fit our RIS/PACS to match your workflow, rather than the other way around! Call us at 866-949-7227 or click here to visit our website & see our Advanced Mammography Workstations & Mammography Tracking System built into RIS



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.
Advertise
Increase Your
Brand Awareness
Auctions + Private Sales
Get The
Best Price
Buy Equipment/Parts
Find The
Lowest Price
Daily News
Read The
Latest News
Directory
Browse All
DOTmed Users
Ethics on DOTmed
View Our
Ethics Program
Gold Parts Vendor Program
Receive PH
Requests
Gold Service Dealer Program
Receive RFP/PS
Requests
Healthcare Providers
See all
HCP Tools
Jobs/Training
Find/Fill
A Job
Parts Hunter +EasyPay
Get Parts
Quotes
Recently Certified
View Recently
Certified Users
Recently Rated
View Recently
Certified Users
Rental Central
Rent Equipment
For Less
Sell Equipment/Parts
Get The
Most Money
Service Technicians Forum
Find Help
And Advice
Simple RFP
Get Equipment
Quotes
Virtual Trade Show
Find Service
For Equipment
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 ©2001-2015 DOTmed.com, Inc.
ALL RIGHTS RESERVED