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|    MATZDOBRE    |    The Mad Dog Matzdobre Echo    |    343 messages    |
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|    Message 35 of 343    |
|    Jeff Binkley to All    |
|    Obamacare    |
|    03 Oct 10 16:14:00    |
      None of this is surprising. The Dems knew it and the rest hid their        heads in the sand. Socialist efforts always has many negative        consequences...              ======================================              http://online.wsj.com/article/SB1000142405274870448300457552398046457351       8.html?mod=WSJ_hpp_sections_opinion              Healthamburglar        McDonald's meets ObamaCare.              Among President Obama's core health-care promises was that Americans can        keep their current coverage if they like it. Among the reasons that a        new ObamaCare squall blows in every other day is that this claim simply        is not true, as people are discovering.               The latest fracas was incited by Janet Adamy's scoop in the Journal this        week that McDonald's Corp. may be forced to cancel its current coverage        for 29,500 employees as a result of ObamaCare. McDonald's told Health        and Human Services regulators that new mandates will make its plans        "economically prohibitive" and cause "a huge disruption" unless it gets        a waiver.                      .At a Christian Science Monitor breakfast Thursday, HHS Secretary        Kathleen Sebelius claimed that the Journal story was "flat-out wrong,"        adding that "I'm sorry that they were not more accurate in their        reporting." If only for the sake of her own credibility, at some point        Ms. Sebelius is going to have to try to persuade people who actually        know something about the industries she regulates.              In a statement, McDonald's did say that it was "completely false" to        suggest that "we plan to drop health care coverage for our employees,"        and "regardless of how the regulations evolve over the next several        months, McDonald's is committed to providing competitive pay and        benefits." No doubt that's true: McDonald's will still need to attract        workers—not to mention that corporations of its size and brand        recognition are very sensitive to political intimidation.               But McDonald's didn't deny that the new rules will wipe out its existing        plans. And that's precisely the point. The entire philosophical and        policy architecture of ObamaCare is explicitly designed to standardize        health benefits and how those benefits should be paid for. Those choices        and tradeoffs will be made for everyone by Ms. Sebelius's regulators.                     At issue in the McDonald's dust-up is a type of low-cost, low-benefit        insurance known as "mini-med." These plans cover 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. Essentially, the very low premiums—under $100 a month—amount        to prepaying for routine expenses like office checkups and E.R. visits.               Around 2.5 million consumers are covered by "mini-med" policies, most of        them concentrated in low-wage industries like fast food, hospitality and        retail that have large numbers of part-time or temporary workers. In the        case of the restaurants, 75% of the workforce turns over every year and        nearly half are under age 25. Mini-med plans are a temporary stopgap for        businesses that have low margins and face high labor and health costs.              But Democrats hate mini-med and other skinny-benefit plans, calling them        "underinsurance." ObamaCare is meant to run them out of the market by        mandating benefits, eliminating coverage caps and certain technical        rules about how premiums must be spent. This despite the fact that        Arkansas, Connecticut and Tennessee sponsor their own mini-med plans for        state residents as better than having no insurance at all.              In other words, the choice is between relatively affordable coverage        that isn't as generous as Democrats think it should be and dumping        coverage entirely. McDonald's may eventually offer the high-cost plans        that Ms. Sebelius favors, or get its waiver, but many of its less        profitable or smaller competitors won't. While subsidized ObamaCare        options will be available in 2014, those costs will merely be        transferred to taxpayers.              Ms. Sebelius facetiously called the Journal "my favorite newspaper" at        the Monitor breakfast, and she'll no doubt continue to shoot the        messenger. What everyone else should understand is that the almost daily        damage we're seeing as this law takes effect is not unintended. It is        the heart and soul of ObamaCare.              CMPQwk 1.42-21 9999        Stop the Democrat party oil embargo ....              --- PCBoard (R) v15.3/M 10        * Origin: (1:226/600)    |
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