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

FDA approves Silicon Valley's $200 digital stethoscope Bridging the way from stethoscope to smartphone with HIPAA compliance

Beam calibration underway at new Texas Center for Proton Therapy Staff will bring together 70 years' net worth of proton experience

New breast MR screening models aim to improve cancer detection With $2.5 million grant, researchers will base methods on 10,000 images

Unaggressive prostate cancer better left alone, monitored: 20 year study Of 1,298 senior men only two died of the disease, three had metastases

Can Oklahoma CT scanner unlock the shrouded secrets of two ancient mummies? As imaging technology improves, the past comes into focus

Salesforce launches patient relationship management solution, Salesforce Health Cloud This is the era of precision health care

GE's new ventilator may save hospital $5 million annually Nutritional assessment software brings personalized medicine to ICU

International brain cancer consortium takes aim at better linear accelerator outcomes Elekta to fund group with hopes of closing clinical evidence gaps

All-in-one imaging ISO 4med to adjust business strategy Consulting division will segregate into new company

Cardiac ultrasound comes to Argentinian jungle population via ASEF, FAC and Philips Mission provides screening for 653 individuals

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

Solve the service puzzle with Consensys

We believe the right person to decide how best to service your diagnostic imaging equipment is you. Our reputation is built on providing high quality & reliable service to our customers. MRI | CT | Ultrasound | Mammography



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