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Financial Impact

McDonald's Mini-Med Plan puts Health Reform Under Microscope

October 6, 2010
The fast-food giant drew attention last week for a memo it sent the Department of Health and Human Services, warning that its so-called mini-med plan would not comply with a section of the new health reform law requiring 80 percent to 85 percent of premiums to be paid out in benefits. McDonald’s denied reports that it might drop the coverage if it doesn’t get a waiver.
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Aon Completes Acquisition of Hewitt

October 4, 2010
Chicago-based Aon will integrate Hewitt and its Aon Consulting unit and has changed its name to Aon Hewitt Inc. A decision has not yet been made on where Aon Hewitt will be based.
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McDonalds Health Coverage Draws Capitol Hill Attention

October 4, 2010
The senator asked for information on coverages, deductibles, premiums, copayments and other “out-of-pocket” costs that McDonald’s workers pay, and how much they have received in benefits over the past five years, with a deadline of Oct. 15.
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Early Retiree Reimbursement Program Exclusions Released

September 30, 2010
Under the Early Retiree Reimbursement Program established as part of the health reform law, the federal government will reimburse employers for claims incurred by retirees at least age 55 and not yet eligible for Medicare as well as their dependents, regardless of age.
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