McDonald’s Corp. Cleared for COBRA Class Deal Covering Thousands

McDonald’s Corp. received final approval for a $156,783 class settlement in a federal lawsuit claiming it sends confusing and legally deficient notices explaining workers’ right to keep their health insurance coverage after leaving their jobs.

The deal is expected to provide 8,959 people with net payments of between $7 and $10, according to settlement papers filed in the US District Court for the Southern District of Florida. It covers participants and beneficiaries in the McDonald’s health plan who received a COBRA notice between Dec. 15, 2017, and Feb. 9, 2021, and didn’t elect to receive continued health coverage under COBRA. ...