McDonald’s Faces Health Care Rule Pressure on Mini-Meds
Indianapolis report notes the health care law may force insurers to spend 80 to 85 percent of premiums on medical care, challenging limited coverage plans for McDonald’s low wage workers. McDonald’s denied dropping coverage. DHSU stressed minimizing disruption while ensuring ACA benefits.
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AIG Announces Plan to Exit TARP Bailout
AIG outlines a step to exit the TARP program with the Treasury swapping its majority stake for common stock and selling shares over time. The deal hinges on AIG regaining strong credit ratings and raising funds, with the government reducing TARP access as it sells its stake.
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