The Seattle Times : reported that Starbucks extends health insurance to the parents of workers in China

The Starbucks plan complements the existing China Social Medical Insurance Program. When Starbucks approached the country's insurers on the plan, the company was often met with surprise, said Belinda Wong, chief executive officer for Starbucks' China business. Starbucks will provide its workers in China with health insurance that extends coverage to their parents, a unique offering by the coffeehouse chain that may be used by more than 10,000 people to treat conditions such as cancer, heart disease and Alzheimer's. The company has about 40,000 employees in China, Schultz said. Starbucks will pay the full premiums for eligible workers — those who have been employed by the company for at least two years.

Reduction of health insurance rates slated for fall semester

Student health insurance rates are going down for MSU Denver students who rely on the school's services. "There will be six new additions to student health insurance," Monaco said. During most years, many student health insurance carriers end up paying out more in benefits than they collect in premiums. Usually, rates go up and benefits get cut, making it hard for young people to have health insurance. Students will have to renew each semester or submit a waiver if they have health insurance elsewhere.


collected by :Lucy William

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