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Hundreds of employers have received federal waivers from a new requirement in the health-care overhaul law.
Government figures show that 733 applicants, mainly employers and union-affiliated insurers, received an exemption from a requirement that puts their plans on the hook for up to $750,000 in eligible medical bills for each covered worker this year. Most of those plans now have reimbursement limits that are a fraction of that amount. Get the full story »
Senate Democrats accused McDonald’s Corp. of offering hourly workers a bad deal on health insurance, prompting a strong defense from a top McDonald’s executive who disclosed fresh details about the chain’s benefits. The exchanges came at a hearing Wednesday that was part of a Senate committee investigation into “mini-med” insurance policies, a type of limited health plan favored by retailers and restaurant chains. Get the full story »
A congressional committee is widening its investigation of bare-bones health-insurance policies to encompass potentially hundreds of plans offered by low-wage employers.
What started as a probe into McDonald’s Corp.’s insurance plan for store workers is expanding into broad scrutiny of “mini-med” policies that could ensnare large mini-med carriers including Aetna Inc. and Cigna Corp. Get the full story »
