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Thread: Papa John's CEO: Obamacare likely to raise costs, employee's hours being cut [W:387]

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    re: Papa John's CEO: Obamacare likely to raise costs, employee's hours being cut [W:387]

    Quote Originally Posted by MaggieD View Post
    Gads, I thought for a minute you were The Professor.

    It used to be that a "full-time employee" was someone who worked 20 hours a week, in order to avoid companies instituting pension plans for themselves and being able to exempt their employees. (If you paid holidays or vacation days, those hours were included.) Somewhere along the line, that hourly number was changed to 30. (Must have been Republicans who did that. Ha!)

    That number will have to go back to 30 hours a week or most smallish businesses will cut staff hours back to avoid Obamacare. Can't say as I blame them. Obamacare's going to need much tweaking. Whenever we find out exactly what's in it.
    I have worked in health care too long to believe we do not need some kind of national health care policy for people who work but can't get insurance through their employers. A a national policy that they could purchase at a reasonable price would have been better than laying it onto the backs of small business. This maneuver alone makes it abundantly clear that Obama does not understand that commerce is the foundation of the American economy. Or that he does understand it and wants to destroy it. Take you pick. Those of us who have any sense knew electing Obama would be a disaster for this country.
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    re: Papa John's CEO: Obamacare likely to raise costs, employee's hours being cut [W:387]

    Quote Originally Posted by JohnWOlin View Post
    Exactly why should your employees feel safe and secure at their jobs, lets just do the minimum possible as long as they can turn a buck.
    I dont have employees for excatly that reason, I prefer to work with business men and women. And you didnt answer the question.
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    re: Papa John's CEO: Obamacare likely to raise costs, employee's hours being cut [W:387]

    Quote Originally Posted by PirateMk1 View Post
    So in your opinion should a business deduct anything on their tax returns?
    It's a double-edge sword. If you cut the tax breaks for advertising, there would be less advertising and eventually no television. Meanwhile, the taxpayer has to pick up the tab and we're expected to buy the advertised products, so we end up paying twice (through tax cuts and purchasing). The system has been in place too long to make a change.
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    re: Papa John's CEO: Obamacare likely to raise costs, employee's hours being cut [W:387]

    Quote Originally Posted by Maenad View Post
    I have worked in health care too long to believe we do not need some kind of national health care policy for people who work but can't get insurance through their employers. A a national policy that they could purchase at a reasonable price would have been better than laying it onto the backs of small business. This maneuver alone makes it abundantly clear that Obama does not understand that commerce is the foundation of the American economy. Or that he does understand it and wants to destroy it. Take you pick. Those of us who have any sense knew electing Obama would be a disaster for this country.
    Well, if one takes the position that healthcare costs are part of an employee's compensation package, then one must also say that healthcare costs are, in actuality, paid for by the employee. So, then, the worst one could say is that employers are now forced to give their employees raises. I wonder how many employers with over 50 employees all working over 30 hours a week actually don't provide any kind of healthcare for them. It'd have to say they're in the minority, although I may be wrong.

    Of course, those companies could, sans contract, just lower everyone's wages to cover the new cost of healthcare. Nothing saying they couldn't...
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    re: Papa John's CEO: Obamacare likely to raise costs, employee's hours being cut [W:387]

    Quote Originally Posted by Fisher View Post
    I would do just that but ours is in the "liberal" part of town and I would hate to get mugged by them twice in the same week.
    If you're getting mugged, it ain't liberals.


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    re: Papa John's CEO: Obamacare likely to raise costs, employee's hours being cut [W:387]

    The premise of this thread can be defined with one movie title:

    I refuse to accept the view that mankind is so tragically bound to the starless midnight of racism and war that the bright daybreak of peace and brotherhood can never become a reality. - MLK

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    re: Papa John's CEO: Obamacare likely to raise costs, employee's hours being cut [W:387]

    Quote Originally Posted by MaggieD View Post
    Well, if one takes the position that healthcare costs are part of an employee's compensation package, then one must also say that healthcare costs are, in actuality, paid for by the employee. So, then, the worst one could say is that employers are now forced to give their employees raises. I wonder how many employers with over 50 employees all working over 30 hours a week actually don't provide any kind of healthcare for them. It'd have to say they're in the minority, although I may be wrong.

    Of course, those companies could, sans contract, just lower everyone's wages to cover the new cost of healthcare. Nothing saying they couldn't...
    Most people don't understand insurance underwriting. Large companies like AT&T actually underwrite the cost of their employees health care....that means they pay it all, and their insurance companies only administer the program. It works that way in government too. Employers are not just paying 'premiums.' Large employers are paying the whole bill. Small employers don't have the options that large corporations or the federal/state governments have. This will hurt them. Many will just go out of business. The owner of 9 personal care homes in this area is doing just that. This is going to leave a lot of people, employees and those cared for in a world of hurt! Most of the employers in the country will be big corporations.

    The only way to survive is for many small businesses to ban together and form large businesses, like many doctors and hospitals did in TN back in the 90s when TennCare hit. But most won't.
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    re: Papa John's CEO: Obamacare likely to raise costs, employee's hours being cut [W:387]

    Quote Originally Posted by Maenad View Post
    Most people don't understand insurance underwriting. Large companies like AT&T actually underwrite the cost of their employees health care....that means they pay it all, and their insurance companies only administer the program. It works that way in government too. Employers are not just paying 'premiums.' Large employers are paying the whole bill. Small employers don't have the options that large corporations or the federal/state governments have. This will hurt them. Many will just go out of business. The owner of 9 personal care homes in this area is doing just that. This is going to leave a lot of people, employees and those cared for in a world of hurt! Most of the employers in the country will be big corporations.

    The only way to survive is for many small businesses to ban together and form large businesses, like many doctors and hospitals did in TN back in the 90s when TennCare hit. But most won't.
    I am surprised to hear this. Can you show us where you read this?
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    re: Papa John's CEO: Obamacare likely to raise costs, employee's hours being cut [W:387]

    Quote Originally Posted by Hatuey View Post
    I am surprised to hear this. Can you show us where you read this?
    My late husband worked for AT&T. Althought I still work, I am retired from a state government. It is common knowledge to those of us covered under those plans. I worked for a private company that provided medical providers to prisons. They underwrote their own health insurance and didn't let us forget it for a minute!
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    re: Papa John's CEO: Obamacare likely to raise costs, employee's hours being cut [W:387]

    Quote Originally Posted by Maenad View Post
    My late husband worked for AT&T. Althought I still work, I am retired from a state government. It is common knowledge to those of us covered under those plans.
    Hm, so then you should have no problem finding any documentation validating this. Can you show us a source for it?
    I refuse to accept the view that mankind is so tragically bound to the starless midnight of racism and war that the bright daybreak of peace and brotherhood can never become a reality. - MLK

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