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Thursday, December 16, 2010

Disney, universal win insurance EC (Smart Brief)

Walt Disney World and Universal Orlando won exemption from federal tax-exempt health NU-os systems both sites offer part-time employees new requirements imposed by the review of this year of the American health care system.

Waivers, which were granted earlier this fall, will allow two Orlando more major theme park operators continue limited offer of insurance - commonly known as "mini-med' plans - plans with premiums low but also small caps on annual benefit payments.

Both sites are among the more than 220 employers across the country, including the basis of Orlando Darden Restaurants, granted to the waiver of a provision in the federal health care Act requiring annual medical coverage limits not less than $750,000.

Minimum escalation annually by 2014 when the limits of the coverage are eliminated entirely for most health plans effectively abolishing the mini-med plans. At this time, workers will be eligible for tax credits to help purchase medical insurance.

An estimated $ 1.4 million Americans are currently covered by health mini-med, which are widely used by employers to low wages such as retailers and restaurants. Critics say that these plans offer little protection workers, lean recovery limits which are not enough to pay for important medical care.

Boosters of such plans are the only affordable source of insurance for part-time and seasonal workers.

Only a small fraction of workers at Disney and universal are covered by mini-med plans. Disney, which employs 62,200 people in Central Florida, is about 1300 part-time employees in Florida - and about 2,000 in all of its theme park at United States - covered by the plan.

Waiver of Disney was obtained by his provider of insurance, Aetna Inc., which also provides plans for mini-med at companies such as Home Depot Inc., CVS Caremark Corp. and Staples Inc., according to the Wall Street Journal.

"With the renunciation, we obtained by Aetna, our interpreters full-time part-time eligible members will continue to have the opportunity to register for the coverage of basic services such as doctor's office visits to refill prescription and visits to the emergency room,"said Disney spokesman Bryan Malenius.""

Mini-med plan of the universal covering part-time workers 668. Two-Park Resort Centre employs approximately 14,300 people in total.

"We have distinct and specialized medical plans for our part-time team members and our team full-time." "New legislation of health care would be left without medical coverage, part-time workers", said spokesman Universal Schroder's Tom. "We sought the waiver so that we can continue to provide cover, they need and deserve.

Neither remedy would discuss the details of their insurance. Disney said that it would not provide these details for competitive reasons", while universal said he does not disclose the details of its benefit plans.

A spokesman for the parent company of SeaWorld Orlando, SeaWorld parks & Entertainment, with more than 5,200 employees in the region, said that the company has not implemented a similar waiver. "Also to not pass us on any of the significant increase in the cost of health care to our employees," spokesman SeaWorld Fred Jacobs added.

Jason Garcia can be reached at jrgarcia@orlandosentinel.com or 407-420-5414.

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