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Senator Presses for Information From Health Insurer Used by McDonald’s

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ensho Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-05-10 10:57 AM
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Senator Presses for Information From Health Insurer Used by McDonald’s

http://www.cqpolitics.com/wmspage.cfm?docID=cqmidday-000003747380


Sen. John D. Rockefeller IV is seeking more information about the health insurance policies sold to nearly 30,000 employees of McDonald’s restaurants after a report suggested the company might drop the coverage unless regulators waived a requirement in the health care law.

Rockefeller, D-W.Va., asked BCS Financial Corp., which provides insurance to hourly wage McDonald’s employees, for details about its coverage plans by Oct. 15. He expressed concern the employees may be “setting aside portions of their paychecks for an insurance product that may not be providing them a good value.”

-snip-

“If the information in the story is correct, your company is apparently spending a significantly lower percentage of McDonald’s employees’ health care premiums on their medical care,” than required under law, Rockefeller said in an Oct. 1 letter to Scott Beacham, president and CEO of BCS Financial.

The $2,000 maximum annual coverage offered by the basic plan offered McDonald’s hourly workers is unlikely to cover the costs of a medical emergency or delivery of a child, Rockefeller added.

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McDonald's will cheat until forced not to

may the Sen. keep on pushing
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