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Papa John's CEO John Schnatter says that Obamacare will result in a $0.11 to $0.14 price increase per pizza, or $0.15 to $0.20 cents per order, Pizza Marketplace, a trade publication, reports. (Hat tip: @dkberman via Twitter.)
Under Obamacare, the company, which is the third-largest pizza takeout and delivery chain in the United States, will have to offer health care coverage to more of its 16,500 total employees or pay a penalty to the government.
OMG...a 15 to 20 cent increase on a 14.00 pizza to give 16,500 employees a chance at having health care...
Anyone that doesnt believe thats a value is NUTS...because if they dont have insurance we will pay far more for their trip to the emergency room...
Papa John's Pizza To Raise Prices Because Of Obamacare, CEO John Schnatter Says
Under Obamacare, the company, which is the third-largest pizza takeout and delivery chain in the United States, will have to offer health care coverage to more of its 16,500 total employees or pay a penalty to the government.
OMG...a 15 to 20 cent increase on a 14.00 pizza to give 16,500 employees a chance at having health care...
Anyone that doesnt believe thats a value is NUTS...because if they dont have insurance we will pay far more for their trip to the emergency room...
Papa John's Pizza To Raise Prices Because Of Obamacare, CEO John Schnatter Says