theGrio

Back to the Top

Main menu

Skip to primary content
Skip to secondary content
  • Home
  • Entertainment
    • Music
    • The Dish
  • Health
    • Ask Dr. Ty
    • Black Men’s Health
    • Black Women and Breast Cancer
    • Back to School Health
  • Living
    • Travel and Leisure
    • Living Forward
    • Books
  • Politics
    • Perry on Politics
  • Sports
  • News
    • Good News
  • Opinion

Medical Insurance

(Photo by Spencer Platt/Getty Images)

Papa John's CEO John Schnatter has said that the Affordable Care Act's mandates will increase his business costs and he plans to cut employees' hours as a result.

According to Naples News, Schnatter has told shareholders that Obamacare will result in a 10 to 14 cent increase in pizza costs for customers.

"That's what you do," he said. "You pass on costs. Unfortunately, I don't think people know what they're going to pay for this."

Schnatter said he wants all of his employees on the company's health care plan, but the rising costs of insurance make it difficult.

Food chains still fighting 'Obamacare'

Ugonna Okpalaoka
theGRIO REPORT - Franchise owners of restaurants like Applebee's and Olive Garden are promising to take drastic measures to avoid the cost of Obamacare, including cutting employees' hours to part-time...
Read More | Leave CommentComments (-)
  • Learn about our User Panel

    Read More
  • See What Your Friends Are Reading

  • More from theGrio

Main menu

Skip to primary content
Skip to secondary content
  • Politics
  • Living
  • Video
  • Inspire
  • Health
  • Entertainment
  • News
  • Terms of Service
  • Privacy Policy
  • Advertise with TheGrio
  • About
©2013 NBCUniversal
Powered by WordPress.com VIP