WSJ: McDonald's May Drop Health Plan
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Instead of dropping employee health insurance, McDonald’s would be better off to switch to a new system that allows part time workers or family members to pool money from each job to buy health insurance. A new company called LyfeBank is helping employers who couldn’t afford employee health insurance to now do so by collecting employer contributed healthcare funds to employee-owned accounts. Employees can use their accumulated account funds to purchase an insurance policy of their choice, and pay for other qualified medical expenses with Visa “smart” cards. All with pretax dollars. A brief visit to LyfeBank.com will explain this process
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