McDonald's outrageous "health care plan"
McDonald’s lowest-level policy costs employees about $700 a year, but if illness or accident strikes, workers get only $2,000 of coverage and then have to pay out of pocket, according to an article in The Wall Street Journal. (Workers at McDonald’s corporate offices have no limits on health-care benefits, according to the company’s Web site. The company declined a request for interview, but said in an earlier statement that the plans are of “highest quality”.)
To some, the plan falls short. “The principal purpose of health insurance is to prevent serious illness or injury from causing financial ruination,” says Henry Aaron, a health-care expert at the Brookings Institution. ”The only way a trip to the hospital is costing you $2,000 is if there is a clerical error.” Call these limited-benefit plans McHealthcare.
I knew McDonald’s is making its customers sick. I didn’t realize the mega-corp was only pretending to care about its (rank-and-file) employees' health.
Posted by James on Wednesday, October 13, 2010