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Thursday, October 07, 2010

McDonald's And 30 Other Companies Get A Break Today - From ObamaCare

http://www.chicagobusiness.com/apps/pbcsi.dll/bilde?Site=CG&Date=200707230658&Category=NEWS07&ArtNo=200025734&Ref=B3

McDonald's, Burger King, the United Federation of Teachers of New York and 30 other companies and organizations have something in common. They all received special federal exemptions from complying with the diktats of ObamaCare.

So they won't be legally required to raise their minimum annual benefit used to cover part-time or low-wage employees.

The Department of Health and Human Services admits it granted the waivers in late September so there wouldn't be the spectacle of over a million workers losing their coverage from employers right before an election as those employers opted out because of the increased costs involved.

"The big political issue here is the president promised no one would lose the coverage they've got," says Robert Laszewski, chief executive officer of consulting company Health Policy and Strategy Associates. "Here we are a month before the election, and these companies represent 1 million people who would lose the coverage they've got."

Now, I think most thinking adults have realized by now that losing their current coverage and eventually being forced into a government run, highly taxed rationed care health plan is exactly what's in store for them if ObamaCare isn't repealed. And it's a good thing that DHS Kommissar Kathleen Sibelius was overruled on this one, because otherwise these workers would have lost the coverage they already have as a direct result of ObamaCare.

But what does that signify for the rest of us?

It's another case of government by diktat, with special rules for special players,and politics and timing as an important component of who wins and who loses.

So if you're not a corporation with the size and lobbying clout of McDonald's or Burger King, or you're not a union or other organization with ties and access to the Democratic party, you're simply out of luck. Which means you can't offer the same benefits your competitors can, or compete for the best employees - if you can even afford to hire at all.

It's similar to how the Obama Administration handled the GM car dealerships when GM became Government Motors. Dealerships who were owned by registered Democrats, Democrat party contributors, by certain preferred minority groups or simply by someone well connected got to stay open. The other dealership were 'downsized.'

We're going to see a lot more of this kind of thing in the future, especially when it comes to ObamaCare - unless it's repealed like the absolutely awful travesty it is.

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1 comment:

  1. Anonymous10:53 AM

    Don't you just love corporate socialism ? But, you see, these companies are ' too big to fail ' !

    --d/d

    ReplyDelete