Restaurants fear new reform mandates will jeopardize their ability to offer affordable health insurance to part-time and full-time hourly workers.
An industry organization says new legislation requirements for annual plan limits and overhead expense restrictions threaten limited medical plans – lower-cost alternatives to major medical insurance – and that thousands could lose access to health coverage entirely.
A September survey from The Chain Restaurant Compensation Association and consulting firm Hay Group found nearly 70 percent of chain restaurant employers indicate that hourly employees are currently eligible for limited medical plans and less than 25 percent contribute toward plan costs.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
