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McDonald's may drop health insurance for 30,000 workers from American Thinker Blog Obamacare - working as planned.
September 30, 2010 McDonald's may drop health insurance for 30,000 workers Clarice Feldman The Administration cared little when voters and employers warned of the problems in Obamacare. Now that it's passed every day brings more evidence that it should have listened to those warnings.
The Wall Street Journal reports that McDonald's may have to stop paying health insurance for its 30,000 employees as a result of an onerous provision of the law which by design or not will drive private insurers from the market unless repealed:
McDonald's Corp. has warned federal regulators that it could drop its health insurance plan for nearly 30,000 hourly restaurant workers unless regulators waive a new requirement of the U.S. health overhaul.
The move is one of the clearest indications that new rules may disrupt workers' health plans as the law ripples through the real world.
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