That ol’ Law of Unintended Consequences can be quite a bear:
McDonald’s Corp. has warned federal regulators that it could drop its health insurance plan for nearly 30,000 hourly restaurant workers unless regulators waive a new requirement of the U.S. health overhaul.
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…
I know you liberals out there will just say this is greedy bastard corporations just being mean…but McDonald’s wasn’t hinting at dropping coverage pre-ObamaCare, and now they are. It is a cause and effect relationship. There is, really, no free lunch – and your attempt to create one is merely making corporations come to some hard and fast decisions…they can either be rapidly bankrupted dispensers of government mandated health care, or they can stay in business. Naturally, they are going to choose staying in business.
More than likely, they’ll get their waiver, however – large corporations know how to grease Democrat palms to get what they want. The real burden will be on small and mid-sized businesses who, surprise!, don’t have bottomless wells of money to pay for whatever it is Obama and Co want at the moment.
Repeal and replace – simple rationality demands this.
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