Thursday, September 30, 2010

More effects of the marvelous Obamacare program

McDonald's Says It May Drop Health Plan

Noteworthy:

"The move is one of the clearest indications that new rules may disrupt workers' health plans as the law ripples through the real world.

Trade groups representing restaurants and retailers say low-wage employers might halt their coverage if the government doesn't loosen a requirement for 'mini-med' plans, which offer limited benefits to some 1.4 million Americans.

....McDonald's move is the latest indication of possible unintended consequences from the health overhaul. Dozens of companies have taken charges against earnings—totaling more than $1 billion—over a tax change in prescription-drug benefits for retirees."


We haven't even begun to see the incredibly wide extent of the noxious effects of this outrage known as Obamacare.

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