Latest on twitter:

“If You Like Your Insurance You Can Keep It. Period!” Oh really??

  • McDonald’s Corp. just reported that it may be forced to cancel its current coverage for 29,500 employees as a result of ObamaCare.
  • Why? Because the new mandates will make its plans “economically prohibitive” and cause “a huge disruption” unless it gets a waiver.
  • Given it high turnover (75%) and young workforce (nearly half are <25), McDonald’s uses a low-cost, low-benefit insurance known as “mini-med”.
  • Mini med covers most medical services but generally have an annual deductible or benefit cap between $1,000 and $10,000. Unlike more comprehensive plans, there’s no catastrophic coverage.
  • However, Dems hate mini-med; they classify it as “underinsurance”
  • So what we will continually see is the choice is between relatively affordable coverage that isn’t as generous as Democrats think it should be and dumping coverage entirely

(Source: The Wall Street Journal)